Question
In a certain code language, 'MENIAL' is coded as
'NIEAML' and 'INCOME' is coded as 'CONMIE'. What is the code for 'FOREGO' in the given code language?Solution
The correct answer is D
The term 'Days of Grace' in relation to a bill of exchange refers to:
A bill of exchange drawn on 15th March for 2 months will mature on:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
Noting charges are recoverable from:
Which of the following is an example of transaction in money under GST laws
Noting charges are ultimately borne by the:
Accounts relating to income, revenue, gain expenses, and losses are termed as:
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...
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fa...
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?