QnA - Dev Library Questions and Answers

Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

Explain three uses of financial statement.

1 Answer

Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

Write three distinctions between Fixed Capital Account and Fluctuating Capital Account.

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Asked by Kapil
Latest Answer: 17 days ago
In: Commerce

The new profit-sharing ratio is 2/5 for A, 3/10 for B, and 7/12 for C. This can also be expressed as 4:2:7.

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Asked by Kapil
Latest Answer: 17 days ago
In: Commerce

A and B are partners sharing profit and losses in the ratio 3:2 C is admitted into the partnership. A surrendered 1/3rd of his share and B surrendered 1/4th of his share in favour of C. Determine the new profit-sharing ratio.

1 Answer

Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

Mention any two rights of a partner.

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Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

Mention any two features of a debenture.

1 Answer

Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

What is the meaning of Cash Flow from Financing Activities?

1 Answer

Asked by Kapil
Latest Answer: 156 days ago
In: Commerce

Mention two features of a not-for-profit organisation.

1 Answer

Asked by Debita Singh
Latest Answer: 161 days ago
In: Commerce

Distinguish between book-keeping and accounting.

1 Answer

Asked by Anita Sahani
Latest Answer: 161 days ago
In: Commerce

‘No organisation can be successful unless it fills and keeps the various positions filled with the right kind of people for the right job.’ Elucidate.

1 Answer

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