Question
A purchased an article for Rs 3500. She sold the
article at 12% profit. She then added Rs 500 to the amount received and purchased a purse such that the seller of purse gained 25%. Find the cost price of purse for the seller.Solution
When will a person, who opted Composition Levy, have to pay tax in GST?
A company has current liabilities of â‚ą5 lakh and current assets of â‚ą6 lakh. Inventory is â‚ą2 lakh. What is the quick ratio?
A not-for-profit organisation receives a donation of â‚ą1,00,000 for constructing a new building. How should this be treated in the financial statements?
As per RBI’s KYC/AML guidelines on wire transfers, the term “Beneficiary” refers to:
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
A key difference between an Internal Audit and a Statutory Audit is that the scope of an Internal Audit is:
H Ltd owns 80% of S Ltd. S Ltd made a profit of â‚ą10 lakh this year. There are unrealized profits in closing stock of â‚ą1 lakh due to inter-company sa...
Which of the following is not a mandatory financial statement of a General Insurance Company as per IRDA regulations?
Which among the following would be classified as a part of Internal Liability?
Which of the following are the components that are required to be estimated for credit risk quantification?
1. Probability of default
2. E...
Relevant for Exams:
