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Explanation: As per Section 37- Where in any accounting year,— (a) an employer has paid any puja bonus or other customary bonus to employee; or (b) an employer has paid a part of the bonus payable under this Code to an employee before the date on which such bonus becomes payable, then, the employer shall be entitled to deduct the amount of bonus so paid from the amount of bonus payable by him to the employee under this Code in respect of that accounting year and the employee shall be entitled to receive only the balance.
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
Which one of the following is not a purpose of "credit monitoring"?
……………….. is the order size that minimizes the sum of ordering and holding costs related to raw material inventories
...ABC Inc’s Income statement shows a sale of Rs 2000, COGS of Rs 800, Pre-Interest Operating Expenses of Rs 600 and Interest expenses of Rs 200. Int...
As per Schedule III, which of the following is not a current liability?
The Investor and Education Fund is established by the Central Government under ______ of the Companies Act, 2013. The Chairman of this fund is __________.
Calculate the valuation of closing stock using simple average method from the following information:
· 100 units purchased for 2...
If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
What is the difference between GVA and GDP?
What does cash flow means in accounting parlance?