Question
Some of the goods purchased for trading are used for the
construction of business premises. The account to be credited is:Solution
When goods purchased for trading are used for constructing business premises, they must be removed from Purchases and treated as a capital expenditure. Correct Accounting Entry: • Debit: Business Premises A/c (asset increases) • Credit: Purchases A/c (goods no longer part of trading stock)
RRBs will have a target of _____ of their outstanding advances for priority sector lending and sub-sector targets.
Tritium is an isotope of:
Famous Mukheshawar Temple & Ananta Basudeva temple is located in which state?
Great Bear' is the name of a:
Euro is not the currency of which of the following country?
Which organization launched a joint initiative with IASST Guwahati for the commercialization of probiotics derived from traditional Northeast Indian foods?
Which of the following bank had been recently penalized by RBI to an amount of three crore
As per a recent report by Reserve Bank of India, which of the following is the largest source of FDI into India?
Which of the following is the state of origin of the Odissi dance form?
Where is the National Metallurgical Laboratory located?
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