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Q. If indemnity period is six months, Standard turnover Rs. 30000, Annual trunover Rs. 75000, Turnover during indemnity period Rs. 12000, then short sales will amount to -

Q. Which account is to be prepared to know Cash Purchase or Cash Sale?

Q. Which account is to be prepared to find out sales on credit?

Q. The Average Clause in a loss of profit policy prortects the -

Q. Consequential loss policy indemnifies -

Q. The interest on fixed dates are received only on following securities :

Q. Opening stock Rs. 25000, Purchases Rs. 125000, Sales Rs. 150000, Goods salvaged Rrs. 10000 and Gross Profit is 50% on cost, then the cost of the goods burnt by fire is -

Q. Cash price of asset + Interest = price

Q. By deducting cash price from the contract price of assets, the difference of the amount is called

Q. Capital value in case of cum-interest purchase means -