Question
Select the number-pair in which the numbers are
similarly related as in the given pair. 345: 144Solution
The pattern is: 3 + 4 + 5 = 12 => 12² = 144 Similarly, 2 + 7 + 2 = 11 => 11² = 121
Which accounting standard governs the treatment of inventories in India?
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Accounts relating to income, revenue, gain expenses, and losses are termed as:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
The party who is entitled to receive the payment of a bill of exchange is called the:
Noting charges are recoverable from:
CSR stands for
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...