Interest receipt
Why is interest received classified as revenue receipt? Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the reduction in assets.
Why is interest received classified as revenue receipt?
Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the reduction in assets.
Hey friends i need your support for justify the problem that is given below: If the United Auto Workers Union acquires benefit package and a large wage from GM, Ford, and Chrysler which increases the cost of U.S. cars, it is a
Explain the term Shut Down Price? Illustrate it.
The Financial Account captures international fund flows due to
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
What are the strength and weakness of using per capital national income? give explained answer for query
The founder of utilitarianism be: (1) Adam Smith. (2) John Stuart Mill. (3) Jeremy Bentham. (4) Feodor Dostoyevsky. (5) Thorstein Veblen. (6) Alfred Marshall. Can someone help me in getting through this problem.
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax? Answer: These are indirect taxes like sales
In market economies, what are the signals which guide economic decisions?
Bank rate: This is the rate at which the central bank loans money to commercial bank.
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