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Profit as per cash accounting will take into account all cash related transactions, irrespective of the year it relates to. Revenues on account means credit sale therefore, will be ignored since we are taking Cash basis of Accounting. As such cash profit = Cash sales – salaries paid in cash – tickets purchased = 70,000 – 50,000 – 11,500 = Rs.8500
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Insolen...
In each of the following questions, one word is highlighted in bold. There are four sentences given in the option. Out of the four sentences, three wil...
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The king was known for his generosity , but h...
In the following questions, choose the word opposite in meaning to the given word.
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What is the antonym of the word "ephemeral"?
A place where weapons and military equipment are stored
An independent person or body officially appointed to settle a dispute
Hygrometer : Humidity :: Sphygmomanometer : ?
A person who believes that nothing is known or can be known of the existence or nature of God.
The science of colours.