If goods worth Rs 2,000 returned to a supplier are not recorded at all, this error is called: MCQ with Answer and Explanation

Explanation:
AS 22 deals with deferred tax and current tax.

Explanation:
IRR = Lower Rate + (NPV at Lower Rate / (NPV at Lower Rate - NPV at Higher Rate)) x Difference in Rates. IRR = 10 + (50,000 / (50,000 - (-20,000))) x 5 = 10 + (50,000 / 70,000) x 5 = 10 + 3.57 = 13.57%. Wait, 10 + (50/70)*5 = 10 + 3.57 = 13.57%. Let me adjust the options to match 13.5%.

Explanation:
Prepaid rent is a current asset representing a right to services, but it is not classified as an intangible fixed asset under AS-26.