Question
When was the Right of Children to Free and Compulsory
Education Act passed by Parliament?Solution
The correct answer is C
With respect to Marginal Costing, which of the following statement is incorrect?
An entry with more than one debit or credit is known asÂ
A company purchases machinery for ₹10 lakhs and incurs ₹1 lakh on its installation. The accountant records the total ₹11 lakhs under the fixed ass...
Which portal monitors outstanding dues to MSEs?
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it
Under the simplified procedure for working capital finance to Micro and Small Enterprises (MSEs) with working capital limits of up to Rupees five crore,...
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?
As per AS 10 (Revised) ‘Property, Plant and Equipment’, an enterprise holding investment properties should value Investment property:
An insurer has Net Profit before tax ₹50 lakh, depreciation ₹8 lakh, increase in trade payables ₹5 lakh, decrease in inventory ₹2 lakh, and gain...
A trader opts for GST Composition Scheme and has total turnover of ₹1.2 crore. What is the GST rate applicable?
