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Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month. Also, as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
Seven people, A, B, C, D, E, F and G, are sitting in a straight row, facing north (not necessarily in the same order). Only 2 people sit to the right of...
The ratio of the ages of a child, his father and grandfather is 1 : 5 : 9. Three years hence, the child will be 10 years old. What is the present age of...
Statements:
Some seeds are fruits.
Some fruits are jams.
All jams are desserts.
Conclusions:
I. Some jams are see...
Select the Venn diagram that best illustrates the relationship between the following classes.
Engineers, Players, Poets
Choose the one which is different from the rest.
Which option represents the correct order of the given words as they would appear in the English dictionary?
1. Sailboat
2. Saint
3...
Select T the option figure that will replace the question mark (?) in the figure given below to complete the pattern.
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
DI, GO, LU, OA, TG, ?
‘A # B’ means ‘A is the brother of B’
‘A @ B’ means ‘A is the daughter of B’.
‘A & B’ means ‘A is the husband of Bâ€...
If 'L' means '×', 'M' means '-', 'N' means '+', and 'O' means '÷', then what will be the value of the following expression?
6 L 25 M 15 N 45 O ...