Mr. Vikram took a loan of ₹6,00,000 carrying interest @ 10% p.a. on 1st August, 2023 to purchase raw material. He purchased 4000 units of raw material
Kay Ltd. sold goods of ₹22,00,000 to Mr. Ravi Kumar on 1st February, 2024 but at the request of the buyer, these goods were delivered on 10th April 20
P Ltd. has 60% voting right in Q Ltd. Q Ltd. has 20% voting right in R Ltd. Also, P Ltd. directly enjoys voting right of 14% in R Ltd. R Ltd. is a Lis
A Machinery was giver on 3 years lease by a dealer of the machinery for equal annual lease rentals to yield 20% profit margin on cost of the machinery
A Ltd. had 1,50,000 shares of common stock outstanding on 1 April, 2023. Additional 50,000 shares were issued on 1 November, 2023 and 32,000 shares we
Jay Ltd. submits the following data extracted from the Final Accounts as on 31 March, 2023: Equity Share Capital 50,000 Equity shares of ₹10 each Prof
"Fixed Asset held for sale" will be classified in the Balance Sheet as per Schedule III of the Companies Act as: