Question
It is a special account that a firm prepares to show the
distribution of profits/losses among the partners or shareholders. Name of such account is:Solution
The P & L Appropriation Account is typically used in partnership firms and limited companies to distribute the profits or losses among the partners or shareholders. It is used to record the appropriation of profits, such as dividends, interest on capital, and other profits or losses allocated to partners or shareholders.
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
‘F + R’ means ‘F is the mother of R’
‘F – R’ means ‘F is the father of R’
‘F ÷ R’ means ‘F is the husband of R’...
Which letter-cluster will replace the question mark (?) to complete the given series?
PJVG, VBZB, BTDW, HLHR,?
In accordance with the logic used in the first pair, replace the question mark with the appropriate option given to
4441 : 13 :: 3136 : ??
What should come in place of the question mark (?) in the following series?
-553, -532, -511, -490, -469, ?
Statements:
Some plants are trees.
All herbs are plants.
Conclusions:
I. Some plants are herbs.
II. All herbs a...
Three statements in this question and three related conclusions have been given to them, assuming that the statements given in the statements to be true...
If A denotes ‘+’, B denotes ‘×’, C denotes ‘−’, and D denotes ‘÷’, then what will come in place of ‘?’ in the following equation...
Which figure should replace the question mark (?) if the following series were to be continued?
One morning Kumar and Vikram were talking to each other face to face at a crossing. If Vikram’s shadow was exactly to the left of Kumar, in which dire...
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