Question
If a man earns Rs. 3000 for his first 50 hours of work
in a week and is then paid one and half times his regular hourly rate for additional hours, then the additional hours he must work to make Rs. 3450 in a week isSolution
Rate of Regular hours = 3000/50 = Rs. 60 Rate of Additional hours = 60 ×3/2 = Rs.90 Number of additional hours = (3450-3000)/90 = 450/90 = 5 hours
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires:
Relevant for Exams: