Home / MCQ Bank / Commerce

Commerce Income Tax And Corporate Tax Difficulty: Medium

A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget? X and Y were sharing profit and loss of the business in the ratio of 3 : 2. They decided to admit Z, who will get $$\frac{1}{3}$$ of X share of profit form X and $$\frac{1}{2}$$ of Y share of profit from Y. New profit sharing ratio will be Depreciable amount + Residual value of a fixed asset = ? "Marketing as the creation and delivery of a standard of living to society". Who gave this definition? The assessment of national income is prepared by