​If an accounting information is free from errors, then which qualitative characteristic is reflected ?​

Which of the following transaction will affect the current ratio ?

​Depreciation is appearing in the 'Trial Balance' of a firm. At the time of preparing 'Annual Accounts', it should be shown in :

​Ajay draws a bill on Vinay for ? 60,000 Vinay accepts it. Ajay endorses it to Chintu in settlement of ₹ 70,000 at 2% discount and the balance in cash. The bill is dishonoured on due date. Calculate the amount by which Ajay is to be debited in the books of Chintu.​

​Under Section 146 of the Companies Act 2013, an auditor has a right to attend any general meeting :

​If an accounting information is free from errors, then which qualitative characteristic is reflected ?​

​As per General Financial Rules, 2017 who has been given full powers to make their own arrangements for procurement of goods and services, that are not available on GeM ?​

​The manager of a firm is entitled to a commission of 5% of Net profit after charging such commission. Net profit before charging commission is ₹ 42,000. Calculate the Commission of Manager.

Which of the following is not considered as a Current Liability ?

​The primary function of Audit is :
(i) to verify the accuracy and completeness of accounts.
(ii) to secure that all revenue and receipts collected are brought to accounts under proper head.
(iii) to ensure that all expenditure and disbursements are authorised, vouched and correctly classified.
Which of the above statements are correctly given in the codes below ?

​A sole proprietor withdrew ₹ 1,00,000 on January 31, 2023 for his personal use from his business. Calculate interest on Drawings @ 12% p.a. for the year 2022-23.