Question
Which of the following Articles of the constitution of
India is related to the Financial annual Statements?Solution
Article 112 of the Constitution requires the government to present to Parliament a statement of estimated receipts and expenditure in respect of every financial year, from April 1 to March 31. This statement is called the annual financial statement.
P, Q started a business along with R. The initial investment of P is 20% less than the initial investment of Q. The ratio between the initial investment...
'A', 'B' and 'C' started a partnership business with capital of Rs. 5000, Rs. 7000 and Rs. 9000 where all three invested for equal time. If the profit ...
Deepak, Mohit, and Sneha started a business with initial investments in the ratio 3:4:6 respectively. After one year, Sneha, Deepak, and Mohit made addi...
A and B entered into a business investing Rs. (x + 77) and Rs. (x – 55) respectively. After one year they invested Rs. 40 more and Rs. 159 more respec...
- Arjun and Karan became partners in a startup. Arjun invested Rs. 7,200. Karan exited the business after 10 months. Their profit shares were in the ratio of...
A and B invested Rs. 3600 and Rs. 4800 in a business. After 2 months, C joined with Rs. ‘x’. If A’s profit share in the total annual profit of Rs....
B invests double the money invested by A and triple the money invested by C. The ratio of period of investment between A, B and C is 1:2:3. Difference b...
A and B launched a business with initial investments of Rs. 2000 and Rs. 3600, respectively. Three months into the venture, C came on board with an inve...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 25000 and after 3 months ‘Q’ joined h...
Three friends A, B and C entered into partnership by investing Rs. 40X, Rs. (5X + 1500) and Rs. (5000 – 10X) respectively. The ratio of the time peri...
