Questions

The single-step income statement emphasizes

1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

Create a new MCC account linked to the original MCC account. Move the specified number of accounts into that MCC and grant the user access to the sub-MCC account.

Civil Services Day is celebrated in India every year on 21st April. The Union Home Minister Shri Rajnath Singh inaugurated the two-day 11th Civil Services Day program (20-21 April) in New Delhi.

Surekha Marandi has been appointed as the new Executive Director (ED) of Reserve Bank of India (RBI). She succeeded U S Paliwal, who retired on December 31, 2016.