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If B’s age be x years, then A’s age be (x - 3) years. According to question, => (x – 3)/x = 7/10 => 10x – 30 = 7x => x = 10 Therefore A's age = 10 – 3 = 7 years
A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
Securities Premium can be used by the company:
GAAP stands for:
If the policy is without average clause, a claim for loss of profit will be?
Fixed cost per unit increases when:
Calls in arrear is shown in Balance Sheet as?
Under written down value method of Depreciation, the WDV of the asset is always:
There are three types of single entry systems. Which of the following is not a type of single entry systems?
A long contract requires that the investor
_______ Ratio is the indicator of firm’s financial leverage.