Question
Transaction is referred as which event in
accounting?Solution
The correct answer is B
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
As per Companies Act 2013, Payment of Dividend is dealt U/S:
Net Profit = ₹12,00,000; No. of shares = 6,00,000; 12% preference dividend = ₹1,20,000. Compute Basic EPS.
A lessee enters into a 5-year property lease with fixed annual rentals and variable payments linked to CPI, initially measured using the CPI at commence...
Preliminary expenses are the best example for _________.
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
Which tax is applied on supply of goods and services in India currently (as of 2025) replacing many indirect taxes?
Which accounting concept assumes that a business will continue to operate for the foreseeable future?
A company borrows ₹100 lakh at 10% interest to construct an asset over 2 years. It spends ₹60 lakh in Year 1. What borrowing cost is capitalized in ...
A bill discounted or purchased (with recourse) by a bank becomes a Non-Performing Asset (NPA) if the bill remains overdue for more than how many days?
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