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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 851. |
Commision received in advance. In accounting equation how we show |
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Answer» Add in cash and add in liability In accounting equation, plus in assets and plus in liabilities.. Commission. Dr To commission advance Dr |
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| 852. |
Nama ka matlab |
| Answer» Cash | |
| 853. |
40transactions with their journal enteries ledger and trial balance |
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| 854. |
Accounting principles |
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Answer» Short form of mine :-AFPCMMAMDRV1.Accounting period principal2.Full disclosure principle 3.Prudence or conservatism principal 4.Cost concept principal5.Materiality principal6.Matching7.Accounting entity or business entity8.Money measurement principal9.Dual aspect principal10.Revenue recognition concept11.Verifiable what do you want to know |
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| 855. |
Where is NCERT solution |
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| 856. |
chapter 6 numerical questions 20 and 21 |
| Answer» Which book | |
| 857. |
What is balance method |
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| 858. |
What is total balance |
| Answer» Subtract all expenses and tex in income and last balace is a total balance | |
| 859. |
Ts grewal journal solution |
| Answer» Download ts grewal and take a all salution of journal entry | |
| 860. |
Everything a firm own is own to someone which concept apply to this |
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| 861. |
Ncert chapter bills of exchange Q no.20 |
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| 862. |
Anyone has worksheets of accounting equations |
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| 863. |
,10000 due from rohit are now a bad debts journalise the following transactions |
| Answer» Bad Debts Ac 10,000 To rohit A/c 10,000 | |
| 864. |
What is a two objectives of accounting and what is the full form of GAAP |
| Answer» Generally accepted accounting principles | |
| 865. |
What is contingent liabilities ? |
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| 866. |
How to make entry in JOURNAL |
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| 867. |
Cach in hand 4500 |
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| 868. |
BRS1)Cheques entered in cash book but not banked |
| Answer» Cheque issued or paid | |
| 869. |
Name s transaction that increases one liability and other one decrease |
| Answer» Creditors accepted bill of exchange. Loan repaid by issuing share capital | |
| 870. |
What is double column cashbook? |
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Answer» In a double column casebook , there are two colume -- first is cash and Second is bank column In which there is 2 columns called cash and bank Cash Book having two amount columns: Cash & Bank column, Cash & Discount column or Bank & Discount column I dont know |
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| 871. |
Why notes of GST are not given ? |
| Answer» I can send you notes but I don\'t know how to send it as we cannot disclose our personal information here. | |
| 872. |
Ques. No. 12 of chapter cash book of ts grewal |
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| 873. |
how to calculate the amount of Goodwill |
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Answer» Bit this is related with class 12 1. Average profit method2. Super prolific method 3. Capitalization method |
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| 874. |
page no. 87 of ncert textbook question no. 18 |
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| 875. |
sold goods to Ganesh of Bengaluru for 150000 |
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Answer» Ganesh. Dr. 150000To sales A/c. 150000 Journal btana h kya ya kuch or |
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| 876. |
sale of goods for cash can be the example of increase in asset and decrease in another asset |
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Answer» Machinery purchased for cash. Bills Receivable issued to Debtors Yes Cash is a asset and it increasesGoods is also a asset and it decreases Its journal would be Cash A/c. Dr. To .sales a/c To output GST |
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| 877. |
Explain 2 chapter |
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| 878. |
Dk goel chapter no 14 question _2 |
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| 879. |
Journal entryRamesh& co. Paid on account 2500 |
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Answer» Ramesh a/c debit To bank a/c credit Ramesh a/c db. To bank a/c |
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| 880. |
Open bank account with ICICI Bank Pass journal entry |
| Answer» BANK A/c. Dr. TO CASH A/c | |
| 881. |
What is fixtures |
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Answer» Fixtures are furniture which are fixed on wall or roof Hi |
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| 882. |
What is accoutancy |
| Answer» Systematic knowladge of accounting is called accountancy | |
| 883. |
Journalise the following transications post to the ledger 2005 |
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| 884. |
Commenced business with cash Rs.50000 ,chequr Rs.100000 goods Rs.30000 furniture Rs.20000 |
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Answer» Cash A/c Dr. Bamk A/c. Dr. Purchases. A/c dr. Furniture. A/c. To Capital A/c Cash A/c Dr. Bank a/c. Dr.Stock a/c Dr.Furniture a/c. Dr. To Capital a/c |
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| 885. |
Can we start the business with creditors |
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Answer» Yes..of course Yes |
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| 886. |
Paid commision is capital or asset |
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Answer» Asset asset |
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| 887. |
All subject ka chapter ka video chahie |
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| 888. |
What is rebate???? |
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Answer» when creditors agree to pay their due bill before due date then a discount is provide by debtor which is called rebate Pls Ans..☺? |
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| 889. |
What is fixatore |
| Answer» You mean fixtures? Fixtures are those furniture which are mounted on wall or roof . Showcases, blackboard in classroom , fans,tube lights etc. These are fixed assets | |
| 890. |
What is outstanding expense? |
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Answer» Expense which we have to pay but we haven\'t oaid yet. It is liability Those expenses which are due but not paid.... Expwnses which are due this year but we\'re not paid. This is an example of personal account . It is a liability for the firm. As per accrual basis of accountancy it is to. Be added to paid expenses for calculating profit or loss of this year Due but not paied |
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| 891. |
Name the branch of commerce which keep a record of monetary transaction in a set of book |
| Answer» Financial accounting | |
| 892. |
Do we |
| Answer» What do we | |
| 893. |
Meaning of business entity concept |
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Answer» business is separate from its ownership it has its own identity apart from the ownership the accounts are recorded with the point of view of business and not that of the business owner business and proprietor are two different entity. if proprietor invest in his own business that should be treated as a liability in the books of accounts. same way if proprietor withdraws money from business for his personal use that also to be recorded (asset) and also interest is to be charged. This entity differentiate personal transaction with business transaction to give a fair picture of profit and loss of business |
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| 894. |
What is the simple form to know the right trial balance of which is debit or credit |
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| 895. |
In which case assets is increases and liability is decreases ??? |
| Answer» Debit | |
| 896. |
Chaper no.7 voucher with GST of class 11th ka solution |
| Answer» | |
| 897. |
Explain in detail the process and bases of Accounting |
| Answer» | |
| 898. |
Amount of 50000 was transferred from his savings account to the firm\'s bank account |
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Answer» Bank a/c.......Dr To capital a/c .........Cr BANK A/c. Dr. TO CAPITAL A/c |
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| 899. |
Cash book is a subsidiary book as well as principal book. How |
| Answer» Cash book is a subsidiary book because cash transactions are first recorded in it but the format of cash book is like ledger. It serves the purpose of Cash account (principal book)as well. So no need to post in separate cash account | |
| 900. |
pass jounal entry paid for petty cash |
| Answer» Petty cash a/c dr. To cash a/c | |