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ATQ, Simple Interest = (Principal × Rate × Time) / 100 SI = (5000 × 8 × 3) / 100 = ₹1200
Which form is used for preparing the Profit and Loss Account of an General insurance company under the IRDA Regulations, 2002?
Under the Written Down Value (WDV) method, depreciation is:
Which of the following allowances is NOT taxable under Income under head Salaries?
Which of the following statements is INCORRECT?
How much amount of exemption is allowed for gratuity if received at the time of retirement?
Which term refers to the specific rate of interest carried by a bond?
A company has fixed costs of ₹80,000, variable cost per unit ₹40, and selling price per unit ₹60. What is the break-even sales (in units)?
Journal entry is not made for which of the following?
The capital brought into the business is recorded in the capital account. As per the accounting process, what type of a ledger account is Capital account?
Interest coverage ratio can be numerically expressed in the form of the following equation:-
