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The correct answer is C
Where to show Share application money received in excess of issued share capital?
A company purchased machinery worth ₹5 lakh during the year and repaid a long-term loan of ₹3 lakh. It generated ₹12 lakh from operations. What is...
Which one of the following is a correct equation?
XYZ Ltd. reported a net profit of ₹120 lakhs for the year ended 31st March 2025. The depreciation for the year was ₹20 lakhs, and amortization of go...
What are the reasons for differences between the bank balance and book balance?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
SSL stands for:
How can we find out the Net Realizable Value on account of Inventory as per the applicable Accounting Standard for valuation of Inventory?
An implied contract is created by the:
Which of the following is NOT an advantage of Bonus issue by a company?
