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Litmus paper is purple when it is neither acidic (red) nor basic (blue). This neutral color indicates a balanced pH of around 7, commonly used as a simple indicator for testing the acidity or alkalinity of a solution.
When book profits are less than taxable profits:
Which section of the Companies Act 2013 says, as a statutory requirement, the Audit committee of the company or the Board shall, in consultation with th...
A firm produced goods of Rs. 80,000 and spent Rs. 6,000 on carriage outward. At the end of the year, cost of goods still unsold was Rs. 2,000. Sales dur...
The retiring partner becomes entitled to get back his dues from the firm that consist of:
(i) the balance of his capital and current account at t...
The portion of the uncalled capital, which can be called only at the time of winding up of the company, is known as:
X & Y share profits in the ratio of 1: 4. Z has been admitted with ½ shares in profits. What will be the new profit sharing ratio of the partners?
What is the primary purpose of the "Canon of financial propriety"?
In international wire transfers, which role does a SWIFT Code play for the sender and the beneficiary?
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