Question
Which of the following statements are not a part of the
financial statements as per Companies Act?Solution
Section 2(40) of the Companies Act 2013 say that the financial statement in relation to the company includes – a.   A Balance sheet at the end of the financial year b.   A Profit and Loss Account and in case of non-profit organizations, income and expenditure account for the financial year c.   Cash flow statement for the financial year (not mandatory for one person company, small company, dormant company or private start-up company) d.   A statement of changes in equity , if applicable e.   Explanatory notes Â
A certain sum invested at compound interest of 10% p. a compounded annually, returns Rs. 6292 after 2 years. If a 20% greater sum is invested at a simpl...
A person borrows ₹80,000 at a rate of 10% per annum compound interest. What is the amount after 3 years?
At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
Neena invested Rs.15000 in a fixed deposit scheme for 2 yrs at CI of 9% p.a. How much will Neena get on maturity of the fixed deposit?Â
What is the rate of compound interest annually?
I. An amount doubles itself in 5 years on
simple interest
II. Difference between th...
Divide Rs. 53,285 into two parts such that the amount received from first part after 12 years is equal to the amount received from second part after 8 y...
A man invests ₹30,000 in a scheme offering compound interest at 15% per annum, compounded half-yearly. Another man invests ₹35,000 in a scheme offer...
What will be the amount payable on Maturity of ₹2,250 invested for three years 20% p.a. interest compounded yearly?
A principal amount is invested at an annual compound interest rate of y%. After 2 years, the investment grows to Rs. 7200, and after 4 years, it reaches...
