(i) SEBI office is in Mumbai or Dalal street is in London.
(ii) Neither 21 is a prime number not it is divisible by 3.
(iii) It is not true that 3-7i is a real number.
(iv) In a credit transaction, party’s name must be given and
single entry system is costly.
(v) If joint venture is a temporary partnership, then discount
on purchases is credited to supplier.
(vi) Every accountant is free to apply his own accounting
rules if and only if machinery is an asset.