Question
Among A, B, C, D and E, which is the smallest? I.
D is greater or equal to E. B is equal to C, which is greater than D. II. E is smaller than A, which is smaller than B. C is equal to D and smaller than A. Each of the following questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give the answer.Solution
From I. B = C > D ≥ E There is no information about A. Hence statement I alone is not sufficient to answer the question. From II. B > A > E > C = D OR B > A > C = D > E. Hence statement II alone is not sufficient to answer the question.
For every debit there will be an equal credit according to
Which of the following is not true about capital reserves?
Which of the following statement is incorrect?
An annuity that starts at a predetermined date in the future is called as:
State which statement is correct:
As per AS 10 (Revised) ‘Property, Plant and Equipment’, an enterprise holding investment properties should value Investment property:
Interest coverage ratio can be numerically expressed in the form of the following equation:-
A company produces a single product with the following cost structure:
• Selling price per unit: ₹500
• Variable cost per unit: ₹3...
Under cash basis accounting, revenue is recorded when:
Which of the following is an example of an adjusting journal entry?