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More Commerce Questions
Low price for earning ratio is result of
Consumers show . . . . . . . . while buying their products on regular basis.
Statement (A): It is necessary to tally current costs with current income in order to find out the correct profit. Reason (R): LIFO ensures matching of current costs with current income.
For the subsequent premiums received by the insurance company after the first premium, the company will issue _________.
On 31 st March, 1995 the following balances of accounts appeared in the books of a firm Capital Account Rs. 2,00,000 General Reserve Rs. 50,000; Sundry Creditors Rs. 50,000 and Cash in hand Rs. 10,000. The firm is dissolved, and the assets realised Rs. 1,25,000. The loss on realisation is: