Question
A village having a population of 8000 requires 200
litres of water per head per day. It has a tank measuring 40 m `xx` 30 m `xx` 12 m. The water of this tank will last forSolution
Daily need of water = 8000 × 200 Amount of water in the tank = 40m × 30 m × 12 m. Number of days = Amount of water in the tank/daily need of water = (40 × 30 × 12 × 1000)/(8000 × 200) (1litre = 1000m³) Number of days = 9 days
IND AS 115 prescribes a 5-step model for recognition of revenue, identify the correct sequence of the following steps given below:
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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...
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