Six boys, A, B, C, D, E and F, are sitting around a rectangular table facing towards the centre (not necessarily in the same order). 4 boys are sitting in the corners, and 1 boy is sitting in the middle of each shorter side of the table. E is second to the right of B and second to the left of A. D is exactly opposite to E, and D is not sitting in the corner. Which of the following statements is definitely correct?
I. C and F are both next to E.
II. B is diagonally opposite to C.
From the following information calculate the amount of sales to earn a desired profit of Rs.12,000
Fixed Cost: 24,000
Selling Price: ...
IND AS 115 prescribes a 5-step model for recognition of revenue, identify the correct sequence of the following steps given below:
...
A sole proprietor withdrew ₹ 1,00,000 on January 31, 2023 for his personal use from his business. Calculate interest on Drawings @ 12% p.a. for the ye...
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
Classify the following under the respective head in balance sheet:
Items:
I. Current maturities of long-term debt
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it.
Calculate the Quick ratio based on above information?
If the company earned revenue from operations of Rs.18 lakh, what is the trade receivables turnover ratio of the company?
Under Section 205-A, unpaid dividends shall be transferred to Special Dividend's Account after the expiry period of declaration of such dividend. What i...
While calculating the claim outstanding at the end, which claims are considered?
