‘Trivial transactions can be ignored’. Which of the following accounting convention is true in context of this statement?
All the material information must be recorded and what is material is subjective, and depends on the organization in the question. Materiality Convention states that only the material/ significant transactions should be recorded and trivial transactions can be ignored.
The simple interest on a sum of money is 4/25 of the sum. If the number of years is numerically half the rate per annum, then find the rate percent per ...
A sum of money, invested for 6 years on 5% per annum simple interest, amounted to ₹169 on maturity. What was the sun invested?
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If the ratio of the sum invested and simple interest received after 1 year is 25:16 respectively, then find the rate of interest.
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A sum of money doubles itself in 4 years in how many years it will be 5 times?
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The interest earned when a sum is invested at simple interest of 18% p.a., for 3 years, is Rs. 1350. What will be the total amount received after 2 year...
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The time required for a sum of money to amount to 4 times itself at 15% simple interest p.a. will be
