Question
"Accrual" refers to any individual entry recording
revenue or expense in the absence of a cash transaction.Solution
The correct answer is A
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
If the annual sales of a business are ₹X, what is the Maximum Permissible Bank Finance (MPBF) as per the Turnover Method?
In a spreadsheet like MS Excel, the function used to calculate the net present value (NPV) of an investment is:
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
__________ of an assessee determines the scope of chargeability of his/her income.
Capital asset excludes all except-
Which of the following increases the debt service coverage ratio (DSCR)?
A firm enters into a 3-year lease for equipment: present value of lease payments at commencement = ₹9,00,000. Useful life of equipment = 5 years. Less...
Gifts not exceeding_____in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both.
Gross working capital refers to:
