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Salary paid in advance is a prepaid expense. Its impact on current assets will be that cash will go down and Prepaid Assets will go up, therefore not effecting the total Current Assets. As such, the current ratio will not be impacted as no change in current assets due to this transaction. Debt Equity will also not be impacted as it does not take into account the current assets. Quick ratio, takes into account current assets less any inventory or prepaid assets. As such, the quick ratio will be impacted by this transaction.
The per unit expenses of the ____(1) ___ portion of factory overhead varies with the volume of production while ___ (2)___ portion remains the same with...
Who has propounded the Theory Z?
What is the significance of GeM Analytics in the Government e-Marketplace?
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
In the context of GeM, what is the full form of ‘PAC’?
Internal auditor is removed and appointed by which among the following?
Current years’ proposed dividend will be:
The section of the companies Act, 2013 which contains provisions regarding remuneration of the auditor is:
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
Which section deals with TDS on cash withdrawals?