Question
The average daily income of a daily wage worker, in the
month of March is Rs. 200. If his average income on 1st 13 days of the month is Rs. 80 and on last 15 days of the month is Rs. 120, then find his average income on remaining three days of the month.Solution
Transactions are posted into Ledger Account from
A bill discounted or purchased (with recourse) by a bank becomes a Non-Performing Asset (NPA) if the bill remains overdue for more than how many days?
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
An uncovered cost at the start of a year is Rs. 20,000. Full cash flow during the recovery year is Rs. 40,000, and years prior to full recovery are 3. T...
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it
Interest received on Bonds will come in which of the following activities in the Cash Flow Statement?
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What is the journal entry for charging Depreciation under Cost Method?
The SARFAESI Act also provides for the establishment of ARCs regulated by RBI. What is the full form of ARC?
The parties to a promissory note are:
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated in...
