Question
Statements: Some lipsticks are foundation. All
foundation is brown. Some brown are highlighters. Conclusion I: Some lipsticks are brown. Read the given statements and conclusions carefully. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. You have to decide which conclusion's logically follow/s from the given statements.Solution
The correct answer is D
XYZ Ltd. classifies bank overdraft under 'Cash and Cash Equivalents' in the balance sheet. The overdraft is repayable on demand and regularly fluctuates...
Select the most appropriate ANTONYM of the given word.
Perilous
As per Schedule III of the Companies Act, where should 'Unpaid Dividend' and 'Unclaimed Matured Deposits' be shown in the balance sheet?
Which of the following best explains the purpose of notes to accounts in financial statements?
While preparing the statement of profit and loss, ABC Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance ...
ABC Ltd. follows Ind AS and presents its balance sheet as per Schedule III of the Companies Act. The company receives ₹5 crore from the issue of deben...
ABC Ltd. follows Ind AS and presents its balance sheet as per Schedule III of the Companies Act. The company receives ₹5 crore from the issue of deben...
XYZ Ltd. changed the format of its Statement of Profit and Loss from ‘nature of expense’ method to ‘function of expense’ method in accordance wi...
In preparing financial statements as per Schedule III of the Companies Act, ABC Ltd. classifies ‘Share Application Money Pending Allotment’ under cu...
While preparing the statement of profit and loss, ABC Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance ...
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