Question
The ratio of age of βBβ after 3 years from now and
age of βCβ 6 years ago from now is 7:4, respectively. The present age of βCβ is 30% of the present age of βAβ. If present age of βAβ is 60 years then find the present age of βBβ.Solution
Present age of βCβ = 0.3 Γ 60 = 18 years 6 years ago from now, age of βCβ = 18 β 6 = 12 years 3 years hence from now, age of βBβ = 12 Γ (7/4) = 21 years Present age of βBβ = 21 β 3 = 18 years
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 = βΉ1,00,000
Purchases = βΉ2,50,000
Sales = βΉ3,00,000
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 βΉ10 each on 1 July and 200 units at βΉ12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for βΉ12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of οΏ½...
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: