Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Trial Balance of a bookkeeper shows an excess of debits over credits by ₹ 261. This difference is placed in a Suspense Account to facilitate books closure 3.07K viewsAnurag Pathak Changed status to publish December 11, 2023RectificationTS Grewal Class 11 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 3.29K 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 3.09K 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 7.31K 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. 2.17K 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. 1.77K 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 1.95K 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. 1.72K 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 2.06K 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. 1.80K 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 1.86K 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 1.73K 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. 2.13K 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 1.52K 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 1.75K 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 1.69K 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 2.51K 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. 1.80K 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. 2.10K 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 2.69K 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 1.72K 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 1.64K 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 1.61K 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. 1.83K 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 2.00K viewsAnurag Pathak Changed status to publish December 11, 2023National Income and related aggregates « Previous 1 2 … 92 93 94 95 96 … 176 177 Next » Question and answer is powered by anspress.net
