Question
Which one of the following is offered by the Election
Commission to a recognized political party?Solution
The correct answer is B
Stock on 1st Jan = â‚ą1,00,000
Purchases = â‚ą2,50,000
Sales = â‚ą3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
Business applications classified as "Custom-built" are:Â
A company has a net profit of â‚ą5,00,000 and 1,00,000 equity shares outstanding at the beginning of the year. During the year, it issued 50,000 additio...
The liability of a sole proprietor is:
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000
Long-term debt of Rs.1,000,000 at 10% ...
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was established jointly by the Government of India (through the Ministry of MSM...
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
This kind of audit is conducted generally between two annual audits is known as which among the following?
For which of the following goods, the manufacturer is not allowed to opt for composition scheme:
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