The economic life of an enterprise is split into periodic intervals as per the periodicity concept. This concept states that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon. The periodicity concept is important because it allows businesses to track their financial performance over time. By splitting the economic life of an enterprise into periodic intervals, businesses can identify trends, patterns, and areas for improvement
The notice period for termination of lease for residential purpose is_______, in absence of contract or usage to the contrary.
Anamika makes an agreement with her advocate for filing case for defect in goods in Consumer Court. But, she makes a condition that she will pay fees of...
What is the meaning of maxim ‘salus populi suprema lex’?
The court may compel attendance of any person to whom a summons has been issued, for this purpose a maximum fine can be imposed to the tune of-
Which of the following offences are NOT triable summarily as per Criminal Procedure Code?
Under which Article the definition of state include the government and parliament of India, Government and Legislature of State and all local authoriti...
As per section 3 of the Prevention of Corruption Act, 1988, who has the power to appoint special Judges?
Which Schedule of the Constitution of India prescribe Forms of Oaths and Affirmations?
Which of the following amendment is known as the Mini-Constitution?
A petty food manufacturer is someone who has a tiny food business with an annual turnover not exceeding
