Question
Statements: No Bed is Table No Table is
Sofa All Sofa is Chair Some Chair is Almirah Conclusions: I. No Bed is Almirah II. Some Chair being Table is a possibility III. Some Almirah is not Sofa In each of the questions below are given statements followed by conclusions numbered. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts .Solution

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 ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of ₹1,00,000 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: