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IOC will invest Rs 61,077 crore in building a petrochemical complex at Paradip in Odisha - its largest ever investment at a single location. This is part of its transition plan including boosting petrochemical intensity to help protect against volatility. Petrochemical intensity refers to the percentage of crude oil that is converted directly into chemicals that are used to make plastic and other material.
The liability of a sole proprietor is:
Which of the following account has a Credit Balance?
With respect to self-balancing ledgers, which of the statement is incorrect?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
Which of the following statements is INCORRECT?
A company announces a 1:4 rights issue at ₹50 per share when market price is ₹70. What is the value of right?
Ramesh draws a bill on Suresh. Ramesh endorsed the bill to Mukesh. The payee of the bill will be:
With respect to AS 12 (Accounting for Government grants), which of the following statement is incorrect?
Find the gross profit based on the following information.
Opening stock ₹10,000
Credit purchase ₹50,000
Cash purchase ₹60,000...
The amount of depreciation goes on declining every year, in case of: