Question
Owners’ equity is shown as the liability in the
balance sheet. This is based on the accounting concept:Solution
Business entity concept is one of the accounting concepts that states that business and the owner are two separate entities and therefore, should be considered separate from each other. As per this concept, the financial transactions pertaining to the business entity should be recorded separately from the business owners transactions.
12 children and 18 men complete an artwork in 9 days. Each child takes twice as long as a man to finish the artwork. How many days will it take for 18 m...
'C' can complete a work in 18 days whereas 'D' can do the same work in 30 days.They started working together but 'C' worked with 60% of his efficiency w...
A can complete a task 40% more efficiently in 25 days, whereas B, with a 25% efficiency boost, can finish the same task in 21 days. They collaborated at...
- If a group of 15 boys and 10 girls can finish a task in 36 days, and a team of 5 girls alone can complete the same task in 72 days, how long will it take f...
‘A’ is 40% more efficient than ‘B’. ‘A’ and ‘B’ work together for 8 days after which ‘A’ is replaced by ‘C’. ‘B’ and ‘C�...
Alice can build one section of a wooden fence with a base length of 18 meter and a height of 25 meter in 18 days. Bob can construct 80% of one side of a...
'Preeti' can complete a piece of work in 70 days, while 'Bhanumati' can complete it in 90 days. They both started the work together, but 'Preeti' left a...
A can complete a piece of work in 10 days , and B can complete the same work in 15 days . They start working together, and after some days A leaves....
Pooja can complete a task in 45 days and Kavita in 30 days. A third person, Mehul, is 20% more efficient than both of them combined. How many days will ...
P can do a piece of work in 15 days, Q can complete double the work in 30 days and R can do the work in 25 days. If all of them together earn Rs. 2600, ...
