Asked/Added Questions From NCERT: Accountancy

-Answered by Anjali Kumari On 23 October 2020:06:31:13 PM

-Answered by Anjali Kumari On 23 October 2020:06:40:32 PM

-Answered by Anjali Kumari On 23 October 2020:06:38:03 PM

-Answered by Anjali Kumari On 23 October 2020:06:41:56 PM

Tangible Real Account – Those assets which can be touched and have a physical existence are defined as tangible real accounts.

Example – Machinery A/c, Vehicle A/c, Building A/c

Journal Entry –

• Debit what comes in
• Credit what goes out

Intangible real account – Those assets which have some monetary values but can’t be touched are referred to as intangible real accounts.

Example – Goodwill, Patents, Copyrights

Journal Entry –

• Debit what comes in
• Credit what goes ou

-Answered by nisha sheikh On 22 October 2020:07:01:47 PM

Section 209(4A) in The Companies Act, 1956 states that:

Every company must preserve the books of accounts, together with the vouchers relevant to any entry in such books of account, in good order, relating to a period of not less than 8 years immediately preceding the current year.

So of the Current Year Ending is – March 2020 then, the company needs to store the accounts and vouchers for the following years:

March 2019, 2018, 2017,……, to 2012

-Answered by nisha sheikh On 22 October 2020:06:59:30 PM

Tangible Real Account – Those assets which can be touched and have a physical existence are defined as tangible real accounts.

Example – Machinery A/c, Vehicle A/c, Building A/c

Intangible real account – Those assets which have some monetary values but can’t be touched are referred to as intangible real accounts.

Example – Goodwill, Patents, Copyrights

-Answered by nisha sheikh On 06 October 2020:03:51:23 PM

-Answered by nisha sheikh On 06 October 2020:03:48:52 PM

1. Current ratios 
2. Net-Working Capital Ratio
3. Quick Ratio
4. Super Quick Ratio
5. The Operating cash flow Ratio

-Answered by nisha sheikh On 06 October 2020:03:32:24 PM

-Answered by nisha sheikh On 06 October 2020:03:29:37 PM

1. Regular Drawings

2. Irregular Drawings

-Answered by nisha sheikh On 06 October 2020:12:26:48 PM

-Answered by nisha sheikh On 06 October 2020:12:51:21 PM

Drawings against capital means withdrawal by a Partner out of his or her capital. Interest on capital is allowed on the capital for the period it is used.Therefore, interest is not allowed ,i.e., paid on the amount of capital withdrawn.

-Answered by nisha sheikh On 06 October 2020:12:33:59 PM

-Answered by nisha sheikh On 06 October 2020:12:39:58 PM

Drawings means the amount withdrawn, in cash or in kind, by partners for their personal use.

-Answered by nisha sheikh On 06 October 2020:12:41:06 PM

(i) Fixed capital method and

(ii) Fluctuating capital method.

-Answered by nisha sheikh On 06 October 2020:03:23:05 PM

-Answered by nisha sheikh On 06 October 2020:03:06:40 PM

1. It is an extension of the Profit and Loss Account.
2. It is prepared only by the partnership Firms.
3. It shows the appropriation of Net Profit or Loss for the Accounting period.
4. Entries in this account are passed giving effect to the Partnership Deed.

-Answered by nisha sheikh On 07 October 2020:11:08:32 AM

Interest on Partner's loan is a charge against Profit. 

-Answered by nisha sheikh On 07 October 2020:11:14:05 AM

Disadvantages of LLP:

• Any act of the partner without the knowledge of other partners may bind the LLP.
• LLP cannot raise money from the public.
• Venture capital firms generally prefer not to invest in LLPs. Private Limited is preferred over LLP.

-Answered by nisha sheikh On 07 October 2020:11:16:27 AM

Benefits of LLP:

• It is more flexible as compared to a company to organise internal structure.
• There is no maximum limit for the number of partners in LLP. In a private limited company, number of shareholders is limited to 200 shareholders excluding past and present employee shareholders.
• Raising and utilisation of funds depends on the partner' will as against norms precribed in the Companies Act, 2013 as applicable to companies.

-Answered by nisha sheikh On 07 October 2020:11:23:49 AM

• Separate Legal Entity
• Minimum Capital
• Minimum number of Members
• Audit is not Mandatory.

-Answered by nisha sheikh On 07 October 2020:11:31:45 AM

Limited Liability Partnership.

-Answered by nisha sheikh On 07 October 2020:11:34:12 AM

Some other Important Provisions of the Indian Partnership Act, 1932: 

1. If all the partners agree, a minor may be admitted for the benefit of partnership.                           [Sec. 30]
2. A person may be admitted as a partner either with the contest of all the existing partners or in accordance with an express agreement among the partners.   [Sec. 31]
3. Registration of the firm is optional and not compulsory.[Sec. 69]

-Answered by nisha sheikh On 07 October 2020:11:35:11 AM

No, It is not essential but desirable to have a Partnership Deed. In case Partnership Deed does not exist, Provisions of the Indian Partnership Act, 1932 will apply. 

-Answered by nisha sheikh On 07 October 2020:11:44:50 AM

1. It governs the rights, duties and liabilities of each partner.
2. Disputes arising, if any, among the partners are settled on the basis of Partnership Deed, it being a written contract.

-Answered by nisha sheikh On 07 October 2020:12:17:55 PM

1. Right to take part in the Conduct of the Business.
2. Right to be Consulted.
3. Right to have Access to Books.
4. Right to Share Profits.
5. Right to Interest on Capital.

-Answered by nisha sheikh On 07 October 2020:12:21:13 PM

1. Two or more Persons: There must be atleast two persons to form a Partnership.
2. Agreement: Partnership comes into existence by an agreement, either written or oral.
3. Lawful Business: A Partnership is established for a Lawful Business.

-Answered by nisha sheikh On 07 October 2020:12:10:39 PM

-Answered by nisha sheikh On 07 October 2020:12:07:25 PM

A firm is a for-profit business organization.

-Answered by nisha sheikh On 07 October 2020:12:01:22 PM

-Answered by nisha sheikh On 07 October 2020:11:57:49 AM

Partnership is the relation between persons who have agreed to share profits of a business carried on by all or any of them acting for all. 

-Answered by nisha sheikh On 07 October 2020:11:51:51 AM

Amortization is an accounting concept that is used to gradually write off the cost. Through amortization, over a period of time, one can allocate the cost of any intangible asset. Also, it can be done to repay any loan principal. However, those assets which have an indefinite life like Goodwill can not be amortized.

-Answered by nisha sheikh On 03 October 2020:11:54:21 AM

 I believe that accounting standards contribute to high quality and accurate reporting and ensure reliable financial statements.

-Answered by nisha sheikh On 03 October 2020:11:56:15 AM

There are six steps involved in project implementation, which are –

1. Identifying need

2. Generating and screening ideas

3. Conducting a feasibility study

-Answered by nisha sheikh On 03 October 2020:11:57:22 AM

-Answered by nisha sheikh On 03 October 2020:11:58:55 AM

Some common accounting errors are –

1. Error of omission

2. Error of commission

3. Error of original entry

4. Error of accounting principle

5. Compensating error

6. Error of entry reversal

-Answered by nisha sheikh On 03 October 2020:12:01:01 PM

-Answered by nisha sheikh On 03 October 2020:12:03:17 PM

-Answered by nisha sheikh On 03 October 2020:12:04:25 PM

-Answered by nisha sheikh On 03 October 2020:12:05:00 PM

-Answered by nisha sheikh On 03 October 2020:12:05:31 PM

-Answered by nisha sheikh On 03 October 2020:12:05:53 PM

The most popular accounting concepts are –

1. Accounting Period Concept

2. Business Entity Concept

3. Cost Concept

4. Dual Aspect Concept

5. Going Concern Concept

6. Matching Concept

7. Money Measurement Concept

-Answered by nisha sheikh On 03 October 2020:12:08:18 PM

Revenue Recognition Principle – This principle suggests that the revenue should be recognized and recorded when it is realized and earned, no matter when the amount has been paid.

Matching Principle – This principle dictates the companies to report an expense on its income statement the time the related revenues are earned. It is associated with the accrual basis of accounting.

-Answered by nisha sheikh On 03 October 2020:12:07:56 PM

-Answered by nisha sheikh On 03 October 2020:12:07:34 PM

-Answered by nisha sheikh On 03 October 2020:12:07:15 PM

-Answered by nisha sheikh On 03 October 2020:12:06:54 PM

Intangible assets include –

1. Patents

2. Copyrights

3. Trademarks

4. Brand names

5. Domain names

-Answered by nisha sheikh On 01 October 2020:12:30:56 PM

-Answered by nisha sheikh On 01 October 2020:12:29:44 PM

-Answered by nisha sheikh On 01 October 2020:12:28:26 PM

Provisions – This refers to keeping the money for a given liability. In short, EXPENSES.

Reserves – Refers to retaining some amount from the profit for future use. In short, PROFITS.

-Answered by nisha sheikh On 01 October 2020:12:26:38 PM

-Answered by nisha sheikh On 01 October 2020:12:20:43 PM

Consignor – S/he is the shipper of the goods

Consignee – S/he is the recipient of the goods.

-Answered by nisha sheikh On 01 October 2020:12:21:15 PM

Depreciation is of two types –

1. Straight Line Method

2. Written Down Value Method

-Answered by nisha sheikh On 01 October 2020:12:21:55 PM

-Answered by nisha sheikh On 01 October 2020:12:22:33 PM

-Answered by nisha sheikh On 01 October 2020:12:09:34 PM

-Answered by nisha sheikh On 01 October 2020:12:10:50 PM

-Answered by nisha sheikh On 01 October 2020:12:13:42 PM

-Answered by nisha sheikh On 01 October 2020:11:59:34 AM

Some popular examples of liability accounts are 

1. Accounts Payable

2. Accrued Expenses

3. Bonds Payable

4. Customer Deposits

5. Income Taxes Payable

-Answered by nisha sheikh On 01 October 2020:11:57:49 AM

-Answered by nisha sheikh On 01 October 2020:11:57:26 AM

-Answered by nisha sheikh On 01 October 2020:11:57:00 AM

• Difficult to find the errors, especially when transactions are recorded in the books
• In case of any error, extensive clerical labour is required
• You can’t disclose all the information of a transaction, which is not properly recorded in the journal

-Answered by nisha sheikh On 01 October 2020:11:55:07 AM

There are three different stages of the double-entry system, which are –

• Recording transactions in the accounting systems
• Preparing a trial balance in respective ledger accounts
• Preparing final documents and closing the books of accounts

-Answered by nisha sheikh On 01 October 2020:11:54:26 AM

-Answered by nisha sheikh On 01 October 2020:11:26:11 AM

-Answered by nisha sheikh On 01 October 2020:11:22:05 AM

-Answered by nisha sheikh On 01 October 2020:11:19:42 AM

-Answered by nisha sheikh On 30 September 2020:06:38:51 PM

Bills receivable are the proceeds or payments, which a merchant or a company will be receiving from its customers.

When replying to accounting interview questions, be very specific and don’t speak up generic stuff.

-Answered by nisha sheikh On 30 September 2020:06:36:44 PM

-Answered by nisha sheikh On 30 September 2020:11:35:16 AM

-Answered by nisha sheikh On 30 September 2020:11:33:24 AM

-Answered by nisha sheikh On 30 September 2020:11:31:11 AM

-Answered by nisha sheikh On 30 September 2020:11:28:21 AM

-Answered by nisha sheikh On 21 September 2020:10:09:23 AM

-Answered by nisha sheikh On 21 September 2020:10:09:49 AM

-Answered by nisha sheikh On 21 September 2020:10:10:51 AM

-Answered by nisha sheikh On 21 September 2020:10:11:25 AM

-Answered by nisha sheikh On 21 September 2020:09:58:40 AM

-Answered by nisha sheikh On 21 September 2020:10:00:02 AM

-Answered by nisha sheikh On 21 September 2020:10:00:37 AM

-Answered by nisha sheikh On 21 September 2020:10:01:03 AM

-Answered by nisha sheikh On 21 September 2020:10:01:35 AM

-Answered by nisha sheikh On 21 September 2020:10:01:59 AM

 There are three branches of accounting –

• Financial Accounting
• Management Accounting
• Cost Accounting

-Answered by nisha sheikh On 21 September 2020:10:02:31 AM

-Answered by nisha sheikh On 20 September 2020:07:51:25 PM

-Answered by nisha sheikh On 20 September 2020:07:51:51 PM

-Answered by nisha sheikh On 20 September 2020:07:52:22 PM

-Answered by nisha sheikh On 20 September 2020:07:52:45 PM

-Answered by nisha sheikh On 20 September 2020:07:53:31 PM

-Answered by nisha sheikh On 20 September 2020:07:36:25 PM

-Answered by nisha sheikh On 20 September 2020:07:37:04 PM

-Answered by nisha sheikh On 20 September 2020:07:37:39 PM

-Answered by nisha sheikh On 20 September 2020:07:38:09 PM

-Answered by nisha sheikh On 20 September 2020:07:38:45 PM

-Answered by nisha sheikh On 20 September 2020:07:42:08 PM

-Answered by nisha sheikh On 20 September 2020:07:42:47 PM

-Answered by nisha sheikh On 20 September 2020:07:43:16 PM

-Answered by nisha sheikh On 20 September 2020:07:43:41 PM

-Answered by nisha sheikh On 20 September 2020:07:44:08 PM

 A real account is an account of assets and liabilities. E.g. land account, building account, etc.

A nominal account is an account of income and expenses. E.g. salary account, wages account, etc.

-Answered by nisha sheikh On 20 September 2020:07:44:52 PM

-Answered by nisha sheikh On 20 September 2020:07:45:23 PM

1. Incorporated association

2. Separate legal entity

3. perpetual existence 

4. Limited liability 

5. Transerability of shares

6. Artificial legal person

-Answered by nisha sheikh On 23 August 2020:10:36:02 AM

 1. It is a systematic examination of books of accounts by an independent person.

2. Time, extent and nature of audit depends on the effectiveness of internal control system.

3. Auditing may be on test basis or in depth checking of books and accounts.

-Answered by nisha sheikh On 23 August 2020:10:24:28 AM

 1. The main objective of audit shifted to ascertaining whether the documents are true and fair rather than true and correct.

2. The emphasis was not on arithmetical accuracy but on a fair representation of financial efforts.

-Answered by nisha sheikh On 23 August 2020:10:14:05 AM

(ii) Voluntary audit.  

-Answered by Shruti Srivastva On 29 August 2020:05:34:44 PM

-Answered by Shruti Srivastva On 29 August 2020:05:35:46 PM

 Audit Evidence refers to any information , verbal or written , obtained by the auditor during the course of audit to arrive at the conclusion on which he bases his opinion on financial statements.

-Answered by nisha sheikh On 22 August 2020:10:29:10 AM

1. An audit programme is rigid i.e., not flexible . One audit programme may not suite all organisations.

2. Independent judgement and initiative of the audit staff may be restricted.It may frustrate the talented and efficient audit staff.

3. New areas will be overlooked as the audit will be carried out based on traditional audit programme only.

-Answered by nisha sheikh On 22 August 2020:10:18:24 AM

1. Ensures that all areas have been covered during audit.

2. Acts as an evidence against charge of negligence .

3. Helps in fixing responsibilities .

-Answered by nisha sheikh On 22 August 2020:10:13:55 AM

-Answered by Shruti Srivastva On 29 August 2020:05:36:22 PM

(ii) Unqualified.

(iii) Disclamer of.

(iv) Adverse. 

-Answered by Shruti Srivastva On 29 August 2020:05:37:38 PM

Importance of Audit Report:

1. Audit Report helps an auditor to express his opinion on financial statements.

2. It shows the scope of work done and the responsibility assumed by the auditor while conducting audit.

3. The conclusions drawn by the auditor are communicated to the management through audit report.

4. It helps the shareholders of the company to know the state of affairs of the company.

-Answered by nisha sheikh On 22 August 2020:09:58:11 AM

Rights of Auditor:

1. Right to access the books of account

2. Right to obtain information and explanation from officers

3. Right to receive notice of and attend general meetings 

4. Right to visit branch offices and access books

5. Right to receive notice for removal

6. Right to make a representation on removal 

7. Right to receive remuneration 

8. Right to sign the audit report.

-Answered by nisha sheikh On 20 August 2020:10:27:10 AM

-Answered by Shruti Srivastva On 29 August 2020:05:38:57 PM

-Answered by Shruti Srivastva On 29 August 2020:05:39:19 PM

-Answered by Shruti Srivastva On 29 August 2020:05:40:00 PM

-Answered by Shruti Srivastva On 29 August 2020:05:41:12 PM

(ii) Super profit method 

-Answered by Shruti Srivastva On 17 August 2020:05:11:47 PM

2. Quality of goods sold/ services given

3. Reputation of owners of the firm 

4. Risk involved in business

5. Trends of profits etc.

-Answered by nisha sheikh On 17 August 2020:10:23:30 AM

1. On admission of new partner.

2. On retirement or death of a partner.

3. When there is a change in profit sharing ratio.

4. When the business is sold.

5. When a firm is amalgamated with another firm.

-Answered by nisha sheikh On 17 August 2020:10:18:18 AM

1. It is an intangible asset.

2. The value of Goodwill fluctuates from time to time.

3. It is a valuable asset and placed on the asset side of Balance sheet.

-Answered by nisha sheikh On 17 August 2020:10:11:06 AM

-Answered by Shruti Srivastva On 29 August 2020:05:42:07 PM

Partnership Accounts:

1. Partner's capital accounts

2. Partner's loan account

3. Profit and loss appropriation

-Answered by nisha sheikh On 17 August 2020:09:59:50 AM

-Answered by Anjali Kumari On 13 October 2020:07:27:42 PM

-Answered by Shruti Srivastva On 29 August 2020:05:42:43 PM

-Answered by Shruti Srivastva On 29 August 2020:05:43:15 PM

-Answered by Shruti Srivastva On 29 August 2020:05:44:02 PM

-Answered by Shruti Srivastva On 29 August 2020:05:44:44 PM

Cost of the Asset refers to the cost at which asset is purchased. It includes all expenses incurred upto the point the asset is ready for use.

-Answered by nisha sheikh On 16 August 2020:10:54:34 AM

1. To ascertain correct profit/loss

2. To show a true and fair view of financial statements

3. To show assets at their proper value

4. To make provision for replacement of assets.

-Answered by nisha sheikh On 16 August 2020:10:50:39 AM

1. Physical wear and tear  due to continuous use.

2. Efflux ( passage of time)

3. Physical deterioration

4. Obsolescence (asset becoming redundant due to technological changes)

5. Accidents (fire etc.)

6. Depletion

-Answered by nisha sheikh On 16 August 2020:10:45:09 AM

Depreciation means a fall in the value of asset due to usage, efflux of time or due to obsolescence.

-Answered by nisha sheikh On 16 August 2020:10:40:29 AM

1. Highlights causes of difference , necessary adjustment can therefore be carried out at early date.

2. Reduce chances of fraud.

3. Act as a moral check.

4. Actual position of bank balance can be found.

-Answered by nisha sheikh On 16 August 2020:10:35:31 AM

 A bank reconciliation statement is a statement which is prepared to reconcile the balance as per cash book with the balance as per pass book.

-Answered by nisha sheikh On 16 August 2020:10:32:03 AM

1. Pass book is maintained by a bank whereas Cash book is maintained by a customer.

2. In pass book, transactions are recorded from the point of view of bank whereas in Cash book they are recorded from point o view of client.

3. Entries done in the Cash book are exactly opposite to that posted in pass book.

-Answered by nisha sheikh On 16 August 2020:10:26:34 AM

 Overdraft is a facility where by a customer is allowed to draw more than the amount deposited in his account.

-Answered by nisha sheikh On 16 August 2020:10:23:05 AM

1. Current Account 

2. Savings Account

3. Fixed Deposit Account

4. Recurring Deposit Account

-Answered by nisha sheikh On 16 August 2020:10:20:03 AM

-Answered by Shruti Srivastva On 29 August 2020:05:45:58 PM

-Answered by Shruti Srivastva On 29 August 2020:05:46:23 PM

-Answered by Shruti Srivastva On 29 August 2020:05:46:47 PM

-Answered by Anjali Kumari On 18 October 2020:07:04:53 PM

-Answered by Shruti Srivastva On 24 August 2020:05:26:17 PM

-Answered by Anjali Kumari On 13 October 2020:07:28:54 PM

-Answered by Shruti Srivastva On 29 August 2020:05:47:27 PM

 A Trial balance is a statement prepared with the debit and credit balances of the ledger accounts including cash and bank balances to test the arithmetical accuracy of books.

-Answered by nisha sheikh On 14 August 2020:10:49:12 AM

-Answered by Anjali Kumari On 13 October 2020:07:22:41 PM

-Answered by Shruti Srivastva On 29 August 2020:05:47:50 PM

 Petty means small . A book which is used to record petty cash expenses of the business is called a Petty cash book.

-Answered by nisha sheikh On 14 August 2020:10:41:36 AM

 It is known as single column cash book because it contains only one amount column of cash .

-Answered by nisha sheikh On 14 August 2020:10:39:08 AM

 CAsh Book is a book of prime entry in which cash and bank transactions of a business are recorded in a choronological order.

-Answered by nisha sheikh On 14 August 2020:10:35:45 AM

 1. Journal is book of original entry while ledger is book of second entry .

2. Journal book is choronological while ledger is analytical .

3. Process of recording in journal is " journlising " while the process of recording in ledger is known as " posting".

-Answered by nisha sheikh On 14 August 2020:10:05:56 AM

 Rules for posting:

1. The name of the account in the journal and ledger should exactly be the same .

2. The account debited in journal will be debited in ledger and the account credited in ledger will be credited.

3. The word "To" will be added in the name of the accounts on the debit side and "By" will be added in the accounts on the credit side e.g., "To sales" , "By purchases" etc.

4. The page number of the jornal from where the entry is transferred is to be writeen in the Folio Column.

5. The date of transactions is to be written in the date column.

-Answered by nisha sheikh On 12 August 2020:10:29:14 AM

-Answered by Shruti Srivastva On 29 August 2020:05:48:40 PM

 A kledger may be deined as a " book or register which contains in a summarized and classified form, a permanent record of all transactions".

-Answered by nisha sheikh On 12 August 2020:10:21:04 AM

Process of journalising:

Step 1. Ascertain what accounts are affected  in the transaction .

Step 2 .Ascertain the nature of the account .

Step 3 . Apply the rules of debit and credit to each type of account.

Step 4 . Pass the entry.

-Answered by nisha sheikh On 12 August 2020:10:16:11 AM

An entry done in a journal. 

-Answered by Shruti Srivastva On 29 August 2020:05:49:32 PM

-Answered by Shruti Srivastva On 29 August 2020:05:50:20 PM

A chronological order. 

-Answered by Shruti Srivastva On 29 August 2020:05:51:02 PM

 A journal is a book of original entry / prime entry  wherein transactions are first recorded beore being posted to the ledger .

-Answered by nisha sheikh On 12 August 2020:10:01:30 AM

 1. Capital budgeting decision largely depends on the cost of capital of each source.

2. Cost of capital helps to take decision regarding capital sturcture. 

3. It helps to evaluate the financial perormance of the firm .

-Answered by Sehnaaz Sheikh On 12 August 2020:09:53:23 AM

-Answered by Shruti Srivastva On 29 August 2020:05:51:45 PM

 Capital Rationing is the term usually coined to denote such a condition in which the business enterprises are not able to accept all the projects on account of external or internal fund constraints 

-Answered by Sehnaaz Sheikh On 12 August 2020:09:45:37 AM

(ii) Wealth maximisation. 

-Answered by Shruti Srivastva On 29 August 2020:05:52:17 PM

 Financial management is concerned with investment , financing and dividend decisions in relation to objectives of the company . financial management is concerned with the eficient procurement and utilization of the funds.

-Answered by Sehnaaz Sheikh On 12 August 2020:09:26:10 AM

 According to the Consistency Assumption accounting practice once selected and adopted should be applied consistency year after year . The concept helps in better understanding of accounting information and makes it comparable with that of previous years .

-Answered by anjali thakur On 21 August 2019:08:01:18 PM

-Answered by Master Purushottam On 22 August 2019:09:17:18 PM

 Creditor is a person to whom an amount is owned an account of credit purchase of goods and service n the normal course of business.

-Answered by Master Purushottam On 21 August 2019:11:05:48 PM

 Drawing is the amount of money or value of goods which the proprietor or partner withdraws for personal use. for example, withdrawal of cash by the proprietor for personal use

-Answered by Master Purushottam On 21 August 2019:11:07:50 PM

(i) As transactions in journal are entered as and when they take place the possibility of omission of a transaction in the book of accounts.

(ii) As transaction in journal are recorded in chronological order, it is very easy locate a particular transaction when required.  

-Answered by Akki chauhan On 21 August 2019:11:07:26 AM

 A discount on the retail price of something allowed or agreed between traders or to a retailer by a wholesaler .

-Answered by anjali thakur On 20 August 2019:08:26:34 PM

-Answered by Shruti Srivastva On 29 August 2020:05:53:35 PM

 According to this assumption, it is assumed that business shall continue for a foreseeable period and there is no intention to close the business scale down its operation significantly .

-Answered by anjali thakur On 20 August 2019:07:42:46 PM

-Answered by Shruti Srivastva On 29 August 2020:05:54:21 PM

provides accounting datain chronological order. 

-Answered by Shruti Srivastva On 29 August 2020:05:54:40 PM

 समझती? पर इसका कारण रंग भेदी हथियाकरण है, समाज में जिसकी जड़े गहरी पैंसी. हुईं हैं। लेखिका को इस भोगे हुए यथार्थ का गहरा अभास था। जिसका प्रभाव ... क्या डॉ. सर्राफ स्वयं उन्हें सामाजिक रूप से. स्वीकार कर पायेगें? इन सभी बातों से दूर 'प्रभा खेतान' का भावविभोर हृदय केवल. डॉ. ... कड़वी-मीठी यादों के इर्द-गिर्द बुना गया आत्मचरित्र अपने आप में स्त्री जीवन की विशेष.

-Answered by sonu kumar On 06 May 2019:10:41:46 AM