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By using the given conditions, Y lives in an even numbered floor but above 4th floor. From this there can be two possible cases. Case-1: Y lives on 6th floor and Case-2: Y lives on 8th floor. P likes Asus and lives on an odd numbered floor. P doesn’t live at the lowermost floor and at the floor just below or above Y. In case-1, P lives on 3rd floor and in case-2, P lives either on 5th floor or on 3rd floor. Four people lives between the one who likes Asus and the one who likes Acer. From this it is clear that P lives on 3rd floor. The one who likes Apple lives immediate below the floor on which the one who likes Acer lives. Two people live between Z and the one who likes Apple.
Z doesn’t like Dell and Sony. From this case-2 will be eliminated. Further C likes Lenovo and lives at one of the floor above O. So, C can live on 5th floor only. S likes Microsoft. So, S lives on ground floor and O lives on 2nd floor. The person who likes Sony and HP doesn’t live at the lowermost floor. So, Y likes Sony. W does not like Apple. So, Z likes HP and Q lives on 7th floor. So, the final arrangement is---
The liability of a sole proprietor is:
Which of the following account has a Credit Balance?
With respect to self-balancing ledgers, which of the statement is incorrect?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
Which of the following statements is INCORRECT?
A company announces a 1:4 rights issue at ₹50 per share when market price is ₹70. What is the value of right?
Ramesh draws a bill on Suresh. Ramesh endorsed the bill to Mukesh. The payee of the bill will be:
With respect to AS 12 (Accounting for Government grants), which of the following statement is incorrect?
Find the gross profit based on the following information.
Opening stock ₹10,000
Credit purchase ₹50,000
Cash purchase ₹60,000...
The amount of depreciation goes on declining every year, in case of: