Question
Which is the first nation to implement GST?
Solution
France is the first country to implement GST in 1954. Today 160 countries have GST/VAT. Most European countries introduced GST back in the 1970s-80s.
A company records Net Sales of ₹60,00,000, of which 50% are on credit. The opening receivables were ₹2,00,000 and the closing receivables were ₹4,...
What is the primary role of the Central KYC Records Registry (CKYCR)?
In cost accounting, the sum of direct materials and direct labor is known as:
The audit that is made compulsory under statute is called _________.
Liability for the drawer for the bill discounted is a:
In a manufacturing company, which of the following best represents a preventive control?
Which of the following statements are true or false?
Statement 1: Management of cash means management of cash inflow.
Statement 2: Cash ma...
A share is quoted at Rs. 60. An investor expects the company to pay a dividend of Rs. 3 per share, one year from now. The expected price of share after ...
Which of the following is an example of an adjusting journal entry?
Section 24 (a) prescribes the standard deduction from NAV of a sum equal to?
