Question
Who has been appointed as the new Chairman of the
Fertiliser Association of India (FAI)?Solution
Sailesh C. Mehta , Managing Director of Deepak Fertilizers and Petrochemicals Ltd. , has been appointed as the new Chairman of the Fertiliser Association of India (FAI) , replacing N. Suresh Krishnan .
The "Matching Principle" requires that:
Contingent Liabilities are shown in the:
A "Trial Balance" is prepared to check:
A firm’s EBIT is ₹5,00,000, interest expense is ₹1,00,000. What is the Degree of Financial Leverage (DFL)?
Inflation caused by an increase in the prices of inputs (e.g., wages, oil) is called:
The basic accounting equation is:
Prepaid Rent appearing in the Trial Balance is treated as:
The difference between the total debits and total credits of an account is called:
Which accounting principle states that revenue should be recognized in the accounting period in which it is earned?
If an asset is purchased for ₹1,00,000 with a residual value of ₹10,000 and a life of 9 years, the annual depreciation under the Straight Line Metho...
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