Welcome to your COMMERCE
India participated in Olympics Hockey in
A person is entitled to take credit of input tax as self-assessed in the return and credited to Electronic credit ledger on
For capital goods, proportionate credit is allowed
The registered recipient must issue an invoice in the following cases:
An asset possesses which of the following?
Dr. Zakir Hussain was
If there is Mis-match of supplier’s outward supply and recipient’s claim for Input Tax credit on the same transaction
In which of the following years, the membership of the Security Council was increased from 11 to 15 (under Article 23)?
A low Return on Investment Ratio (ROI) indicates
ICAO stands for
The following is a statement of revenues and expenses for a specific period of time
A higher inventory ratio indicates
Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?
Which of the following is the internal user of financial statements?
The time limit beyond which if goods are not returned, the capital goods sent for job work shall be treated as supply
An invoice must be issued
GNLF stands for
In which year of First World War Germany declared war on Russia and France?
Input Tax credit as credited in Electronic Credit ledger can be utilized for
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
______ is a separate legal entity whose total capital can be divided into many shares
The measure of how efficiently the assets resources are employed by the firm is called
In which season do we need more fat?
How many Lok Sabha seats belong to Rajasthan?
Current ratio =
_______ is the gross inflow of economic benefits
Judicature (High Court) of Rajasthan is at
How much districts are there in Punjab?
For seeing objects at the surface of water from a submarine under water, the instrument used is
Tax invoice must be issued by________
Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said credit
The time limit to pay the value of supply with taxes
Which one of the following is printed on a commonly used fluorescent tubelight?
How many red blood cells does the bone marrow produce every second?
Provisional Input tax credit can be utilized against
Microphone is used to convert
Which state tops in the list with the maximum penetration and Assets Under Management (AUM)?
________ is the first phase of accounting cycle
Auditing refers to
In a normal human body, the total number of red blood cells is
A Master Budget consists of
A bill of supply can be issued in case of inter-State and intra-State:
The process of entering all transactions from the Journal to Ledger is called
Banking company or Financial Institution have an option of claiming ITC:
Excessive secretion from the pituitary gland in the children results in
Any return evidence in support of a business transaction is called
How many times has Brazil won the World Cup Football Championship?
Return on Investment Ratio (ROI) =
On August 1, 2003, the total strength of India's armed forces approximate to
Of the various non-conventional energy sources that are being tapped, which has the largest potential?
The debts which are to be repaid within a short period (year or less) are known as
Gujarat-based industrial groups are set to invest Rs.20,000 crore in which state?
The long term assets that have no physical existence but are rights that have value is known as
India has largest deposits of ____ in the world.
INS Venduruthy is located at
The time limit beyond which if goods are not returned, the input sent for job work shall be treated as supply
Nalanda is located at
Budgeting is difficult to apply in the following cases
India's first atomic reactor was
Which of the following is the external user of financial statements?
Gopal Krishna Gokhale
Liquid or Quick assets =
Headquarters of UNO are situated at
G-15 is an economic grouping of
Is the principal entitled for credit of goods though he has not received the goods and has been sent to job worker directly by vendor
India's first satellite is named after
If force is expressed in Newton and the distance in metre, then the work done is expressed in
First International Peace Congress was held in London in
Patents, Copyrights and Trademarks are
Can Mr. A avail credit on Input services or capital goods held in stock, in case of new registration/voluntary Registration
Kolleru Pelicanary situated at Elluru, Andhra Pradesh has reserves of
Bookkeeping mainly consists of which part of accounting process?
Liabilities are which of the following?
Lower the Debt Equity ratio
The accounting process involves recording
Nucleus, the genetic material containing rounded body in each cell, was first discovered in 1831 by
The first Indian state to offer a Wage Compensation Scheme for pregnant women working in the tea gardens of the state is:
The ratios that refer to the ability of the firm to meet the short term obligations out of its short term resources
Identify the correct sequence of accounting process
In accounting, an economic event is referred to as
Mother Teresa received the Magsaysay Award in 1962 in the area of
The following is (are) the current liability (ies)
The following is a statement showing the financial status of the comapany at any given time
India's first ocean wave's energy project was launched in
Is Input tax to be reversed in case of supply of capital goods
Balance sheets are prepared
In which year, terrorists crash two planes into New York's World Trade Centre on September 11 in a sequence of destruction?
How many teeth does a normal adult dog have?
The sales income (Credit and Cash) of a business during a given period is called
Matching of Input Tax credit on inward supply by recipient is undertaken with
Jeevan Rekha (Life line) express is
India's first Technicolor film ____ in the early 1950s was produced by ____
Sales expenditure budget is prepared by estimating the expense(s) of
An acknowledgement must be given on receipt of advance payment in respect of supply of goods or services:
Balance sheet is a statement of
Whether depreciation on tax component of capital goods and Plant and Machinery and whether input tax credit (ITC) is Permissible?
Accounting provides information on
A continuous supply of goods requires one of the following as a must:
In case of goods sent on sale on approval basis, invoice has to be issued:
Time is Up!