Question
An entrepreneur is setting up his new business. He
purchases some equipment. He also takes insurance on the equipment for which the premium is paid for 6 months even though the business is yet to commence operations. The equipment cost and insurance for 6 months is start up cost for the entrepreneur. For the business, the insurance paid is    ÂSolution
Paying insurance premium is a prepaid expense for the business as it is paid in advance.
The statutory power for exchange control was provided to RBI by the Foreign ExchangeRegulation Act (FERA) of     _.
In which district of Uttar Pradesh is Chandra Prabha wildlife sanctuary located?
Container X contains a mixture of oil and water in the ratio 1 : 3, whereas container Y contains a mixture of oil and water in the ratio 2 : 3. If 2 lit...
India and Bangladesh have decided to celebrate December 6. The day on which India formally recognized Bangladesh as:
Which river makes boundary between India and Nepal?
Scheme envision of transition shelter to women in need by creating an institutional framework?
Who among the following is the Chief Scientist in WHO?
What is the Malayalam New Year called in Kerala?
Which Indian-American player has won the Wimbledon junior men's title in July 2021?
Identify from the following which entity is not part of the AIFI?
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