Let, monthly income and monthly expenditure of A is Rs. 15x and Rs. 7x respectively. So, monthly savings of A = 15x – 7x = Rs. 8x And, 8x = 2880 Or, x = 360 So, monthly income of A = 15 × 360 = Rs. 5400
Which of the following statements are required to verify trade creditors?
Statement 1: Obtain the schedule of creditors and examine it with refer...
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: 12 per...
Which of the following is not an accounting equation?
What does Miscellaneous Insurance encompass?
The main object of the audit of the cash book may be ________.
In case of companies depreciation on assets are provided on the basis of -……
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...
Who among the following can issue Certificate of Deposits to raise short term resources?
How many parties are involved in a Bill of Exchange?
The person responsible for paying any income by way of winnings from lottery an amount exceeding ₹ 10,000, shall deduct
