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Explanation: A contra account is an account that is used to offset another account. Accumulated depreciation is a contra account to the asset account, as it reduces the value of the asset.
What can be the maximum tenor of takeout finance by IIFCL, as a percentage of the economic life of the project?
Which Theory focuses on outcome rather than on needs?
Which among the following funds of the mutual fund invests primarily in other schemes of the same mutual fund or other mutual funds?
Which of the following services is typically offered by merchant banks but not by traditional commercial banks?
Which of the following statements is/are correct about Gift City's International Financial Services Centre (IFSC)?
1) It is a global financ...
Calculate Operating Ratio:
Under the IBC, which of the following is NOT a condition for MSMEs to qualify for insolvency resolution?
For a company, Bank Overdrafts and Outstanding Expenses will be termed as
As per Union Budget 2024-25, how much amount has been allocated for the micro, small, and medium-scale enterprises (MSMEs) sector in India?
If Current Ratio of N Ltd. is 2.5: 1 and its Current Liabilities are Rs.800, 000. Working Capital will be?
