Question :
A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these
Answer : A
In general the financial year from shall be from
A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these
Answer : A
Description :
The Balance Sheet and Income statement of companies across the Globe are usually prepared for a period of 1 year. However, the date from which this period starts varies from country to country.
In India, this 1 year period starts from 1st April and ends on 31st March.
Related Questions - 1
eTCS means
A) Enable Tax Collected at Source
B) Electronic Tax Collected at Source
C) Electric Tax Collected at Source
D) None of these
Related Questions - 2
Which option is used to view Trial Balance from Gateway of Tally?
A) Gateway of Tally > Reports > Trial Balance
B) Gateway of Tally > Trial Balance
C) Gateway of Tally > Display > Trial Balance
D) None of these
Related Questions - 3
Which of the following shows daily balance for a selected voucher type
A) Day book
B) Trial Balance
C) Balance Sheet
D) None of the above
Related Questions - 4
Related Questions - 5
Branch / Division is a group defined under
A) Liabilities
B) Assets
C) Income
D) Expenditure