Question
A is 3 years older than B. After 5 years, ratio of the
age of B and that of her father will be 1:3. Present age of B’s father is 40 years and C is 5 years older than A. Find the respective ratio of the present ages of B and C.Solution
After 5 years, Age of B’s father = 40 + 5 = 45 years Age of B = 1/3 × 45 = 15 years Present ages, B = 15 – 5 = 10 years A = 10 + 3 = 13 years C = 13 + 5 = 18 years Required ratio = 10:18 = 5:9
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires: