Question : Which educational level accounts for the major share of India's total education spending? (A) Elementary (B) Secondary (C) And Higher
Option 1: Only A correct
Option 2: Only A and B are correct
Option 3: Only B and C are correct
Option 4: All of the above
Correct Answer: Only A correct
Solution : Higher education accounts for the least amount of the total budget and elementary education for the most. The government places more focus on elementary education because it is the foundational or first level of schooling. Hence option a is the correct answer.
Question : Which of the following claims concerning the cost of education is true?
Question : A, B, C and D are partners sharing profits in the ratio of 1:4:3:2. D died on 15th December 2021 and the goodwill is valued at Rs.2,00,000. D's share of goodwill is to be adjusted into the capital accounts of A, B and C who decide to share future profits in the ratio
Question : When interpreting travel accounts from the medieval period, it is important to consider:
Question : There was an old computer which was written-off in the books of accounts in the pervious year. The same has been taken over by a partner Nitin for Rs.3,000 when the firm has been dissolved. Choose the Correct Journal entry :
Question : Assertion (A): Hari and Mohan are equal partners. They admit Kunal as a partner for 1/4th share. The value of assets was increased by Rs 1,00,000 and an unrecorded liability of Rs 40,000 was brought into books, The gain (profit) of Rs 60,000 will be credited in the capital
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