The 'Trial Balance' is a: MCQ with Answer and Explanation

Explanation:
All these technologies (cloud, AI, blockchain) are transforming accounting by automating tasks, improving accuracy, and enabling real-time reporting.

Explanation:
If drawings are made in the beginning of every month, average period = (12+1)/2 = 6.5 months. Total drawings = 5000*12 = 60,000. Interest = 60,000 * 12% * 6.5/12 = 60000 * 0.12 * 0.54167 = ₹3,900.

Explanation:
HSN is an internationally accepted system of naming, classifying, and coding goods, widely used for calculating GST and Customs duties.