What is the main advantage that ABC Corporation has derived from adopting accounting standards?
Implementing accounting standards typically leads to enhanced comparability of financial statements.
A started a business with an investment of Rs.12000. After few months B joined him with an investment of Rs.15000. If at the end of the year, they share...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 18,000. If out of a total profit of Rs. 1200, A gets Rs. 500 a...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 26000 and after 3 months ‘Q’ joined h...
Makhan Lal started a business with the capital investing Rs 18,400. After 6 months Arvind Lal invested Rs 16200. At the end of one year they made a prof...
‘A’ and ‘B’ started a business by investing Rs. 12000 and Rs. 18000, respectively. 6 months later, ‘C’ joined them with an investment equal ...
‘A’ invested Rs. 2400 for ‘x’ months while ‘B’ invested Rs. 400 less amount than ‘A’ for (x + 4) months....
The contributions made by A and B are in the ratio of 4:5. If 10% of total profit is donated and A gets 8200 as his share of profit, what is the total p...
Three Partners Chintu, Pintu and Bittoo invested in the ratio of 2/3, 3/2, 3/4 in a business. After 4 months Chintu increased his capital by 25%. If...
P and Q started a business by investing Rs.8000 and Rs.6400 respectively. After 7 months, Q increased his investment by a certain percentage such that a...
Ram started a business with the capital investing Rs 6000. After 3 months Shyam also joined him, with the capital investing Rs 4000. They make a profit ...
