Question
The All England Championship, an international
championship of badminton, was first held in:Solution
The correct answer is A
The investments which by their nature are readily realizable and are intended to be held for less than a year from the date when such investment is done...
Calculate the valuation of closing stock using simple average method from the following information:
·        100 units purchased for 2...
A company issues 5,00,000 shares in the market. The face value of each share is Rs.2, the book value is Rs.10 and the market value is Rs.15. What is th...
Which of the following accounting concept is the same as the accrual concept?
A company initiated the process of raising money by issue of equity shares. It received the share application money, but the allotment is pending. The m...
What is the primary purpose of the money market?
As per accounting standards, inventory is to be valued at cost or net realizable value. Which of the accounting principle forms the basis of this standa...
Income limit for rebate of income tax increased from ₹5 lakh to ____ lakh in the new regime of Budget of 2023-24.
MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of R...
The Union Budget for 2018-19 announced that farmers in India would be given an MSP of at least one and a half times the cost of production. Accordingly,...
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