Question
Which one of the following basic operations for
converting raw input data into useful information is not performed by all computers?Solution
The correct answer is C
A credit sale of ₹25,000 to Mr. Z was wrongly recorded as purchase in Purchases Book. What will be the rectifying entry?
______ is levied on the import of goods and/or services.
Who will notify the rate of tax to be levied under CGST Act?
Which of the following is a representative personal account?
On purchase of old furniture, the amount of ₹1,000 spent on its repair should be debited to:
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is Rs 12,00,000 and fixed cost is ₹ 6,00,000. The capac...
As per RBI guidelines on fraud risk management in NBFCs, the Special Committee of the Board for Monitoring and Follow-up of cases of Frauds (SCBMF) must...
An insurer has Net Profit before tax ₹50 lakh, depreciation ₹8 lakh, increase in trade payables ₹5 lakh, decrease in inventory ₹2 lakh, and gain...
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