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As per Article 110 of the Indian Constitution, the Money Bill pertains to certain specified matters. These include provisions related to the imposition, abolition, or remission of taxes, borrowing by the government, and matters related to the consolidated and contingency funds of India. However, the provision related to penalty and fine is not included in the provisions of the Money Bill.
If the inventory turnover is divided by 365, it becomes a measure of
To go to the journal vouchers present in gateway of tally > accounting vouchers through function key in Tally, ERP 9 press:
______ is a system that focuses on activities as the fundamental cost objects and uses the cost of these activities for compiling the costs of product...
Which of the following account has a Credit Balance?
The profit is 50% on sales. What is its percentage on cost?
When the financial statements "give a true and fair view" and the organization under audit has gone in accordance with all requirements, the auditor wil...
Product X requires 10 Kg of material at the rate of Rs. 5 per Kg. The actual consumption of material for the manufacturing of product X came to 12 Kg of...
Share Options Outstanding Account is shown on the liabilities side in the Balance Sheet under the head:
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
Under which section of the Income Tax Act, 1961, is the term "person" defined?
