Question
Which of the following is the longest dam in India in
2022?Solution
Hirakud Dam is the longest dam in India with a total length of 25.79 km. It is also in the list of the longest dams in the world. The Hirakud Dam is situated on the river Mahanadi.
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
Which Schedule of the Companies Act, 2013 deals with the general instructions for preparation and presentation of the final accounts of a company?
Calculate the Quick ratio based on above information?
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
____________ = (sales value – variable cost)/ Sales value
Which of the following cost are not excluded from the cost of inventories as per AS 2:
A construction company signs a ₹50 crore contract for building a bridge over 5 years. It recognizes revenue based on the percentage-of-completion meth...
A company has a paid-up share capital of ₹80 lakh and free reserves of ₹120 lakh. It plans to buy back 25% of its paid-up equity shares. The face va...
Which of the following is NOT an example of an intangible asset under AS 26?
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