Which of the following statement/statements is/are incorrect?
Remittances to India are primarily sent from Gulf Cooperation Council (GCC) countries, as well as the United States of America and the United Kingdom.
Remittances are accounted as part of capital account.
Remittances are accounted as part of Current account.
A factory incurred the following expenditure during the year 2021. Calculate the cost of production from the following data.
ABC Ltd is a financing company and has given loans and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :
Provision for Bad Debts is required to be maintained in the books as per which principle?
ABC Ltd’s purchases during the year were Rs 200000. The balance sheet shows an average accounts payable balance of Rs 15000. ABC’s payables period a...
S Ltd. took a loan from the bank for 10,00,000 to be settled within 5 years in 10 equal half yearly instalments with interest. The first instalment is ...
The term float is used in:
Which among the following is outside the scope of AS-13?
Which of the following most likely increases the wealth of shareholders?
In order to automate the complete lifecycle of external commercial borrowings (ECBs) and trade credits, RBI is in the process of implementing which proj...
Which of the following correctly defines the term ‘monopsony’?
