Question
Select the option that can replace the question mark (?)
in the following series. VO39, TM35, RK31, PI27, ?Solution
39 β 35 β 31 β 27 β ? Each number decreases by 4: 39, 35, 31, 27 β next: 23 1. First letters: V β T β R β P β ? Each step goes backward by 2 in the alphabet: V (22nd) β T (20th) β R (18th) β P (16th) So, next: P β N (14th letter) Second letters O β M β K β I β ? Same pattern: Back by 2 each time O (15th) β M (13th) β K (11th) β I (9th) So, next: I β G (7th letter)
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of βΉ50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of βΉ1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the: