Accounting - Study Mode

[#2286] The Accounting Standard No. 2 of the International Accounting Standards Committee is on the subject of
Correct Answer

(A) Valuation and presentation of inventories

[#2287] Long term solvency is indicated by
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(B) Debt Equity Ratio

[#2288] Automation and Computerization make an office:
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(C) Paperless

[#2289] Mr. Ashok Kumar has taken a mine on lease whose minimum rent is Rs. 1,00,000. The rate of royalty is Rs. 1 per ton. The production in a particular year is Rs. 80,000 tonnes. What will be the amount to be paid by Mr. Ashok?
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(B) Rs. 1,00,000

[#2290] After admission of a new partner the capital of all the partner must be in
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(D) Mutually agreed ratio