While doing the yearly accounting for a company, an accountant notices that an important calculation has some digits missing. K÷( )7=42( ) If the missing digits in both fractions are the same, help the accountant find the value of "K".
The Air conditioner of a company was not working properly. An electrician was called to check the same. He was paid a sum of Rs 500 for his visit. The transaction was identified by the accountant & the same was communicated to the Finance Head that there has been an expenditure of Rs 500 on repairs & maintenance. The accountant feels that he has completed his job properly. Is he correct? If no, which step of the process of accounting has he missed out?
Mr. Raj works as an accountant of a company. He always ensures that his accounts are correct and checks them regularly. What value is followed?