Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Following balances are taken from the books of Param, a merchant on 31st March, 2023 Furniture and Fittings 6,400 Motor Vehicles 62,500 4.25K viewsAnurag Pathak Changed status to publish December 11, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans On 31st March, 2023, the Cash Book of a Merchant showed a bank overdraft of ₹ 1,72,985. On comparing the Cash Book with the Bank Pass Book the following discrepancies were noted 4.11K viewsAnurag Pathak Changed status to publish December 11, 2023BRS 0 Votes 1 Ans Journalise the following transactions in the books of Gupta Bros., Lucknow (UP): Started business with cash ₹ 30,000; goods of ₹ 15,000 and furniture of ₹ 20,000 9.01K viewsAnurag Pathak Changed status to publish December 11, 2023GSTTS Grewal Class 11 0 Votes 1 Ans Subsidies to the producers should be treated as transfer payments. Defend or refute the given statement with valid reason. 3.11K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Payment of fees to a lawyer engaged by a firm included/excluded in National Income. 2.39K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Increase in Real GDP always indicates that welfare of people is rising 2.48K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans National Income is sum of all the transfer income generated in an economy. 2.39K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Expenditure on electricity by factory is an intermediate cost for the factory 2.57K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans A farmer keeps a part of crops grown on his farms for consumption by his family. Expenditure on such crops will be included in National Income. 2.36K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Double Counting can be avoided by summing up total output of all firms 2.41K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Gross domestic capital formation is always greater than gross fixed capital formation 2.37K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Goods produced for self-consumption will be included in the National Income. 2.66K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free Services provided by the government will not be included in national income 2.06K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Purchase of Air Conditioner by a household is a part of gross domestic capital formation 2.26K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans NDP at factor cost is equal to NDP at markets in a two-sector economy 2.23K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Real gross domestic products can be equal to nominal gross domestic product 3.02K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Value addition can also take place even when the commodity does not go through any transformation. 2.44K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Production of services for self-consumption are not included in national income. 2.73K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Bharat is living in his own house. So, rent of his house should not be included in national income 3.21K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Gross domestic capital formation is always greater than gross fixed capital formation 2.39K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans An amount of ₹ 2,500 contributed by Harish (employee of M/s Nanda Enterprises) towards his own provident fund is a part of compensation of employees 2.14K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free samples distributed by a business enterprise for advertisement will not be included in national income 2.15K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Free services provided by the government will not be included in national income. 2.38K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Increase in stock of goods held by a consumer will contribute to capital formation 2.51K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates 0 Votes 1 Ans Teaching by a teacher to his son will be included in national income 2.73K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates « Previous 1 2 … 104 105 106 107 108 … 188 189 Next » Question and answer is powered by anspress.net
