The Ministry of Corporate Affairs (MCA) has further revised the definition of small companies under the Companies Act, 2013 by increasing their threshold for paid up capital from “not exceeding ₹2 crore” to “not exceeding ₹4 crore” and turnover from “not exceeding ₹20 crore” to “not exceeding ₹40 crore”.The move aims to facilitate ease of doing business further and reduce compliance burden on small companies.
Which of the following is most associated with managerial accounting?
Accounting has been referred to as the__________of business.
According to the Companies Act which of the following statement is true regarding set-off against subsequent calls in a company when all creditors have ...
X Ltd. is committed to supply 24,000 bearings per annum to Y Ltd. on steady basis. It is estimated that it costs 10 paise as inventory holding cost per ...
Which of the following is an example of an adjusting journal entry?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
In India, the GST is based on the dual model GST adopted in:
What is the statutory limit u/s 16(ii) for deduction of entertainment allowance in case of government employee?
The certainty equivalent is _______.
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
