Question
A man invests ₹15,000 in a business. In the second
year, he increases his investment by 20%, and in the third year, he reduces it by 25% of the second year’s investment. Calculate the total investment made by the man over three years.Solution
Investment in the first year = ₹15,000. Investment in the second year = ₹15,000 + 20% of ₹15,000 = ₹15,000 + ₹3,000 = ₹18,000. Investment in the third year = ₹18,000 - 25% of ₹18,000 = ₹18,000 - ₹4,500 = ₹13,500. Total investment over three years = ₹15,000 + ₹18,000 + ₹13,500 = ₹46,500.
Money received against share warrant is shown under which head?
To go to the journal vouchers present in gateway of tally > accounting vouchers through function key in Tally, ERP 9 press:
Balance as per pass book is Rs. 50,000/-. Rs 5,000/- were directly deposited by a customer into the bank. Then the balance as per cash book is:
A manufacturing company prepares a flexible budget for its production costs. At 60% capacity, its total cost is ₹6,00,000, including ₹2,40,000 fixed...
The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
...
A company incurred ₹1 lakh as preliminary expenses. How should it treat the amount under current Ind AS?
Which of the following are an auditor’s objectives with regard to verification of assets?
(i) Assets exist
(ii) Assets belong to the c...
While determining the Material Cost, _______ is not deducted from the purchase price.
It is treated as interest and finance charges. It is ignored.
Under Priority Sector Lending (PSL) guidelines, which category of banks is permitted a specific exemption to allocate up to 32% of their PSL target towa...
A director is appointed in _______
Relevant for Exams:
