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Goodwill is a?
Goodwill is a Fixed intangible asset
Goodwill is a Fixed intangible asset
See lessWhile calculating operating profit, which is not taken into account?
Expenses of a purely financial nature
Expenses of a purely financial nature
See lessWhat is accommodation bill?
Accommodation bills is a bill, draft, or note made, drawn, acknowledged, or endorsed by one individual for one more without consideration to empower that other to fund-raise or get credit subsequently.
Accommodation bills is a bill, draft, or note made, drawn, acknowledged, or endorsed by one individual for one more without consideration to empower that other to fund-raise or get credit subsequently.
See lessThe act for signing by the drawer on the book of the instruments for the purpose of the transfer is called ?
The act for signing by the drawer on the book of the instruments for the purpose of the transfer is called Endorsement
The act for signing by the drawer on the book of the instruments for the purpose of the transfer is called Endorsement
See lessFormula of Discounting Charges is?
Amount of Bill Discounted + Rate × Unexpired Period
Amount of Bill Discounted + Rate × Unexpired Period
See lessAccording to the Negotiable Instrument Act, 1881, which refers to ‘an instrument in writing (not being a banknote or a currency note) containing unconditional undertaking, signed by the maker to pay on demand or at a fixed or determinable future time a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument’?
The instrument is bill of exchange
The instrument is bill of exchange
See lessFee paid in cash to Notary Public is charged by?
By Holder of a bill of exchange
By Holder of a bill of exchange
See lessNoting charges are recordable from ?
Noting charges are recordable from The drawer
Noting charges are recordable from The drawer
See lessNoting charges are paid by?
Noting charges are paid by Drawee
Noting charges are paid by Drawee
See lessThe purpose of the accommodation bill is ?
When both parties are in need of funds
When both parties are in need of funds
See less