Question
The ratio of ages of A and B is 4:3. If A is 5 years
older than B, find the age of B.Solution
Let A’s age be 4x and B’s age be 3x. 4x - 3x = 5; x = 5. Therefore, B’s age = 3x = 3 × 5 = 15 years. Answer: b) 15 years
ICDS III deals with which of the following:Â
In which situation flow of funds does not happen?
With reference to the service sector in India, which of the following statements is/are incorrect?
     I.       The share of Se...
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Which section of the Income Tax Act, 1961, defines the term ‘Assessee’?
If a long-term investment suffers a permanent decline in value, how should it be accounted for under AS 13?
Under the Expected Credit Loss (ECL) model, how are trade receivables without a significant financing component measured for impairment?
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
GOODS DESTROYED IN FIRE . THE JOURNAL ENTRY WILL BE
A. PURCHASE DR.
     TO LOSS ON FIRE A/C
B. LOSS IN FIRE A/C D...
A company has the following capital structure:
• Equity: ₹60,00,000 (Cost of Equity = 15%)
• Debt: ₹40,00,000 (Pre-tax cost = 10%)...