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More Commerce Questions
The money received by owner in business is known as-
Match List-I with List-II and choose correct answer: List-I List-II P. Partner's loan 1. Debit balance of profit and loss Q. Death of a partner 2. 6% interest R. Loss in business 3. Joint life insurance policy S. Revolution account 4. Profit and loss adjustment account
A dealer in Gujarat sells goods to a consumer in Gujarat worth Rs. 50,000. Rs. 3,000 will go to the Central Government and Rs. 3,000 will go to the Gujarat government since the sale is within the state. What is GST rate on goods?
The main objective of Accountancy is to know about the:
Which of the following is not true of the cash budget?