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The Mercantile Basis, also known as the accrual basis, is an accounting method that records revenues and expenses when they are earned or incurred, regardless of when the cash is actually received or paid out. It recognizes revenue when it is earned, regardless of when the payment is received, and recognizes expenses when they are incurred, regardless of when the payment is made.
Six persons J, K, L, M, N and O sit around a circular table and face away from the centre. The distance between two adjacent persons is same. Who sits ...
A question is given, followed by two statements I and II. Select which of the statement(s) is/are sufficient to answer the question.
Question: Ho...
In the following question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provide...
How is A related to B?
I C has only two kids A & B and is father-in-law of D who is brother-in-law of B
II R is brother-in-law of A ...
Seven boxes viz. J, K, L, M, N, O and P are kept one above other. How many boxes are kept below box P?
I. Box L is kept third from top. Box M a...
What is the code of ‘good morning’ in the certain code of language?
Statement I: In a certain code of language ‘all said good morning’ ...
Eight persons K, L , M, N, O, P, Q and R are seated around a circular table facing the centre. Who is opposite P?
I. P sits second to the left of...
How many days did Lalit take to complete his project?
I. Kishore correctly remembers that Lalit took more than 5 days but less than 11 days ...
Given below is a equation followed by two. Statements numbered (I) and (II), each containing some information. Decide which of the statements), is/are s...
Eight boxes M, N, O, P, Q, R, S and T are kept one above the other, such that the bottommost box is numbered as 1, the box above it is numbered as 2 and...