Question
A 320 litres mixture contains milk and water in the
ratio 3:1 respectively. If 30% of the mixture is replaced with the same quantity of water, then find the quantity of water in the new mixture.Solution
Quantity of water in the mixture initially = 320 × (1/4) = 80 litres Quantity of water removed = 80 × 0.3 = 24 litres Quantity of water added = 320 × 0.3 = 96 litres Quantity of water in the new mixture = 80 – 24 + 96 = 152 litres
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: