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Practice Capital Budgeting Questions and Answers

Renting of immovable property is
The rule for nominal accounts is
Mr. Bhandari purchased a car for 50,000, making a down payment of 10,000 and signing a *40,000 bill payable due in 60 days. As a result of this transaction...
At the end of the accounting year, all the nominal accounts of the ledger book are:
Which of the following is/are examples of capital expenditure?
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
As per Schedule in of the Companies Act, 2013, a Company shall disclose by way of notes additional information regarding aggregate expenditure and income i...
A service shall be a continuous supply of service agreed to he provided continuously or on recurrent basis under a contract when the period of service exce...
In accordance with Ind AS 2, explain how the item should be measured: One of Company's product lines is beauty products, particularly cosmetics such as lip...
According to IND AS 115, when can revenue be recognized?
As per the Union Budget 2024-25, the Long-Term Capital Gains (LTCG) tax rate under sections 112A and 112 has been revised to _____
All of the following are capital receipts, except ________

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