CAT Questions

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The financial statements should be prepared in the following order:

Income statement - Statement of retained earnings - Balance sheet

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

Judaism is the world's oldest monotheistic religion with the belief in one God. The followers of Judaism are called Jews.

Oxygen in our blood is transported by a protein named Haemoglobin.

In computer technology, a coding error in a computer program is called a bug.

The mesosphere lies above the stratosphere and extends to an altitude of about 85 km. This is layer is often referred to as the cold layer, as the lowest readings in the atmosphere are found here.

Temperature decreases with height, reaching a minimum average value of -90 ºC at the top of the layer.

Educated females in city P = 25 lakhs

Uneducated females in city P = 30 - 25 = 5 lakhs

Educated males city S = 21 lakhs

Educated males in city S = 35 - 21= 14 lakhs

Required difference = 14 - 5 = 9 lakhs

The acid used in lead storage cells is Sulphuric acid. They are used car batteries. Lead-acid batteries are capable of being recharged, which is important for their use in cars.