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A trial balance compares the total debit balances with the total credit balances of all accounts in the ledger to detect errors in the ledger balances. However, it will not detect errors where transactions have been completely omitted from the ledger.
For which of the following, Specific Act is applicable for preparation and presentation of financial statement?
What is the taxable event under GST?
The GST on used car sales is ____ as per the 55th GST council meeting decisions taken in December 2024.
The Bharat Bill payment system (BBPS) is a one-stop ecosystem for payment of all bills providing an interoperable and accessible bill payment service a...
What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Audit of accounts by the staff of the business is known as:
Anil and Baldev are partners sharing profit and losses in the ratio of 3: 2. Anil's capital is ₹ 60,000 and Baldev's capital is ₹ 30,000 before adju...
Before the work of audit is commenced, the auditor plans out the whole of audit work is called _________.
