Question
Read the given statements and conclusions carefully.
Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements: All hyenas are pandas Some deer are buffaloes Some hyenas are scorpions Conclusions: (I) Some pandas are deer (II) Some hyenas are buffaloes (III) Some pandas are scorpionsSolution
The correct answer is B
A company manufactures two products, A and B. The contribution per unit for A is ₹50 and for B is ₹60. Each unit of A requires 4 machine hours, and ...
Which form is required for preparing the Revenue account in insurance company engaged in general insurance business?
X and Y are partners in 3:2 ratio. Z is admitted and brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. O...
The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.
A firm reports:
• Net sales: ₹500 lakh
• Gross profit: ₹125 lakh
• Operating expenses: ₹50 lakh
• Interest: �...
Interest payable u/s 234C is computed at
What is the limit of deduction allowed under section 80TTA of the Income Tax Act?
Customer acquisition costs (agent commissions) for one-year policies are paid upfront. Can they be capitalized as intangible assets?
What types of products and services can be procured through GeM?
The 'Goods and Service Tax Act came into force on :
Relevant for Exams:
