Question
In a certain code language “given words are
arranged” is written as “lo so pa na”, “letters are similar” is written as “ch fa so”, “second words arranged” is written as “ma pa na”. What is the code for “given”?Solution
Words/arranged = pa/na Second = ma Are = so Letters/similar = ch/fa Given = lo
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
When is a Suspense Account opened?
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
Which of the following is true about sales tax and VAT?
If the policy is without average clause, a claim for loss of profit will be?
Company A sold machinery having a WDV of ₹ 40 lakh to Company B for ₹ 50 lakh (FV ₹ 50 lakh) and the same machinery was leased back by Company B T...
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
Every supplier shall be liable to be registered under Central Goods & Services Act, 2017 in the State or Union Territory, other than special category St...
What is the journal entry for charging Depreciation under Cost Method?
