Laspeyre's formula has ___________ bias and Paasche's formula has _________ bias.
Laspeyre's formula has an upward bias and Paasche's formula has a downward bias. This is because Laspeyre’s formula takes base year variables as weights whereas Paasche’s formula takes current year variables as weights.
Advance amount received from customers is not considered as sale. It is based on which concept?
Second hand stocks/shares are traded with: (Common platform for trading)
Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in:
GAAP stands for:
The first Annual General Meeting of the company shall be held ______________
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
Premature withdrawal from EPF comes under which section?
…………… allowance deduction is allowed only to Government employees.
At the balance sheet date, the balance on the Accumulated Provision for Depreciation Account is
Which IND AS governs accounting for insurance transactions in India?
