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Explanation: •The Accrual Principle recognizes revenue when earned and expenses when incurred, regardless of cash flow. •It ensures that financial statements reflect the actual financial position.
In an office, there are 18 employees. The average age of all the employees is 28 years. If the age of three senior managers is included, then the averag...
Five years ago, the ratio of the age of Tarun to that of Ayush was 6 : 11. Umesh is 10 years older than Tarun. Umesh is ten years younger than Ayush. Wh...
Currently, the ages of Vikesh and Vishal are in a ratio of 7:5. Vijay's age is 20% lower than Vishal's. If the average age of Vikesh, Vishal, and Vijay ...
Rishi's current age is 56.25% greater than Dimple's current age. In four years, Dimple will be 20 years old. Selina is 5 years younger than Rishi, while...
Eight years ago, the ratio of the ages of A to B was 7:5. Currently, the average age of A, B, and C is 48 years. Twenty years from now, C will be 16 yea...
The ratio of the present age of 'I' to that of 'J' is 7:9. If eight years hence, the ratio of their ages will become 9:11, find the sum of their ages, e...
The ages of X and Y are in the proportion of 6: 5 and the total of their ages is 44. The proportion of their ages after 8 years will be:
A is five times as old as B. C was twice-as old as A six years ago. In six years' time, A will be 31. Find the sum of the present ages of B and C.
A man is 6 times as old as his daughter. After 4 years, he will be 4 times as old as she will be. After how many more years will the man be 3 times as o...
