Question
What is the reason behind the withdrawal of the Cashless
Treatment Scheme in Emergency (CTSE) by Indian Railways?Solution
The Railway Board reviewed the scheme's implementation and decided to withdraw it with immediate effect.
What type of banking transaction allows a customer to temporarily invest their money with the bank in exchange for higher interest rates, but with limit...
Financial accounting is mainly concerned with:
V Ltd. sells Customer C a water purifier and maintenance service for 2 years for a total consideration of Rs 20,000. As per IND AS 115, determine how m...
A ________ is not an actual contract but it resembles a contract. In other words, it is a contract in which there is no intention on part of either part...
Plant purchased for ₹6,00,000. Depreciation for year = ₹1,00,000. Closing balance of Plant = ₹10,00,000. Opening balance was ₹5,00,000. Calculat...
According to Ind AS 16 - Property, Plant and Equipment, what is NOT considered when determining the cost of self-constructed assets?
Calculate net working capital?
A Ltd owns land and building which are carried in its balance sheet at an aggregate carrying amount of 10 million. The fair value of such asset is 15 mi...
A company issues 1,00,000 equity shares of ₹10 each at a premium of ₹5, payable as ₹5 on application, ₹5 on allotment (including premium), and �...
An insurer faces a probable liability of ₹25 lakh from a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be ...
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