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ATQ, Let the cost price of the article be Rs. 'C'. So, 1,800 − C = C−1,000 Or,2C = 2,800 So, C = 1,400 Therefore, selling price of the article at a profit of 35% = 1.35×1,400 = Rs.1,890
Goods worth Rs.100,000 taken by the owner for his personal use should be credited to:
While calculating the claim outstanding at the end, which claims are considered?
What types of products and services can be procured through GeM?
GOODS DESTROYED IN FIRE . THE JOURNAL ENTRY WILL BE
A. PURCHASE DR.
TO LOSS ON FIRE A/C
B. LOSS IN FIRE A/C D...
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
If the MOS = 40000 units and BE units are 35000 and PV ratio is 60%. Calculate profit if revenue per unit is 8.
Which of the following statements is true for cash basis accounting?
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
No prospectus shall be valid if it is issued more than ______ days after the date on which a copy thereof is delivered to the Registrar under 26(4) of T...