Question
Select the options that correctly indicate a 25% profit
and a 15% lossSolution
Explanation: This option correctly indicates a 25% profit and a 15% loss.
Which of the following best describes a journal in accounting?
Which of the following is true about sales tax and VAT?
Under the simplified procedure for working capital finance to Micro and Small Enterprises (MSEs) with working capital limits of up to Rupees five crore,...
When a transaction of supply of goods/services is made between two persons who are not related to each other and price is the sole consideration for the...
A company manufactures two products, A and B. The contribution per unit for A is ₹50 and for B is ₹60. Each unit of A requires 4 machine hours, and ...
Once the Prospectus is filed with the Registrar of Companies, it is valid for how many days?
Under Ind AS, impairment of an asset requires:
SA 700 deals with:
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
Given: Total Assets ₹250 lakh; Equity ₹100 lakh; Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Deb...