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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.
| 951. |
Question 17 of chapter 3 page no 86 |
| Answer» Answer | |
| 952. |
Show the accounting equation |
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Answer» Liabilities =assets -capital Assets = Capital + Liability Accoubting equation |
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| 953. |
defination of accountancy |
| Answer» Accounting is the art of recording, classifying and summarising in a significant manner and in terms of money, transections and events, which are in part atleast, of a financial character , and interpreting the results thereof.\'\' | |
| 954. |
What o you mean by accounting vouchers? |
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Answer» Voucher is an evidence for our day to day transactions ? Voucher is a source document and just like a proof |
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| 955. |
how accountacy helps to success |
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| 956. |
Name the Transaction changes from ledger to general entry |
| Answer» | |
| 957. |
Ch5 ka 15 |
| Answer» Which 15 question? Illustration, follow up,practical back question Which one | |
| 958. |
what is the journal entry of building Rs.1,00,000 |
| Answer» Building account dr 100000To capital account cr 100000If ttansaction is in starting and introduced in business. Building account dr 100000To cash account cr 100000If simple transaction that building for 100000 | |
| 959. |
What is accrual basis and cash basis of accounting with example |
| Answer» In accural basis both cash as well as credit transaction are recorded wheather money is recorded or notAnd in cash basis cash transaction are recorded only | |
| 960. |
What is accounting year? define |
| Answer» Accounting year is a year in which total financial result of a firm/concern. Incom or expanses are calculated out.it olso tell us the business financial condition for comparesion with other businessAccounting year is 31may to 30 april for accountant | |
| 961. |
accountancy part 1 page 85 question 14 |
| Answer» | |
| 962. |
Plz give me all the books which are required for commerce in class 11 |
| Answer» Accountancy (Acct)Economics (Eco)Business studies(B.st) | |
| 963. |
Full form of IFRS |
| Answer» International financial reporting standards | |
| 964. |
Meaning of wages outstanding |
| Answer» Outstanding wages is that amount which is due but not paid yet. Means we have taken services from Labour but we didn\'t pay wages it\'s still due to us. So it is our liability\xa0 | |
| 965. |
Transfer from caapital to loan solve by using recording of transaction 1 |
| Answer» Capital A/c Dr. To loan A/c | |
| 966. |
Any formula to solve accounting equation question |
| Answer» Assets =capital + liabilities | |
| 967. |
What is accrued income? |
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Answer» Accrued income show always debit nature.Accrued income are add in accrued and also add in capital.Accrued income are assets Accrued income is that income which has been earned but not received during the current accounting period. Accrued income is the income which is recievable by us un future. The income is yet to be recieved |
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| 968. |
Purchase good from rohan 90000 in 7 dec. Make journal entry |
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Answer» Purchase A\\C debit 90000To ROHAN A\\C. 90000OKK Purchase DrTo. Rohan. |
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| 969. |
Difference between profit n gain |
| Answer» Profit is included in every sale but gain is casually earned income. | |
| 970. |
First term me account me kaun2 se chapter ayenge |
| Answer» depend on school | |
| 971. |
Easy definition of liability |
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Answer» The loan and obligation which is payble by the business concern is called liabilities Liabilities mean amount paid by the business a person who is liable to pay back the debts |
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| 972. |
How to download pdf of accounts chapter? |
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Answer» Download MY CBSE GUIDE Eysiekit |
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| 973. |
What is accrual concepl |
| Answer» The accrual concept in accounting means that expenses and revenues are recorded in the period they occur, whether or not cash is involved. The benefit of the accrual approach is that financial statements reflect all the expenses associated with the reported revenues for an accounting period. | |
| 974. |
Manohar Lal started business with cash |
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Answer» Credited* Cash A/C is debited and capital a/c is crediter |
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| 975. |
Please give me all chapter\'s notes of account |
| Answer» | |
| 976. |
What journal entries Will be passed for following? 20171 Jan. 3 paurchased furniture. 19,000 |
| Answer» Date. Particulars. Lf. Amount dr. Amount cr.2017Jan.3 Furniture A Dr. 19,000 To cash A/c. 19,000 | |
| 977. |
Ques no.28 of ts grewal ch 5 accounting eq....all parts |
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| 978. |
Give some questions with their solutions of accounting equation |
| Answer» | |
| 979. |
Drew from bank to pay salary to staff transaction effect in cash book |
| Answer» | |
| 980. |
What is contigent reserve and where it should be tranfer to |
| Answer» | |
| 981. |
Whr is solution of class xi. G.S.T. entries. |
| Answer» | |
| 982. |
What is the purpose of business |
| Answer» Earning profit | |
| 983. |
Difference between profit and gain |
| Answer» The excess of revenues of a period over its related expenses durning an accounting year is profit it increase the investment of the owner is called profit and a profit that arise from event or transaction which are incidental to business such as sale of fixed assets ,minning a court case ,appreciation in the value of an asset is called gain | |
| 984. |
What will be the Journal entry for deposited cheque from savings account to firm\'s account ? |
| Answer» | |
| 985. |
Explain liabilities |
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Answer» Liabilities are the obligations to pay Liabilities are the claim against those resources which a business owes to outsiders or creditors. Liabilities are the financial obligations of a firmthat the owner have to pay in future |
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| 986. |
Prepare bank reconciliation statement with cash book and pass book in twenty transactions. |
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| 987. |
Journalise the following transaction sold good of RS 9000 at 5% TD to Ajay |
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Answer» your answer is 8550 at 5 percent trade discount Ajay Dr.\t8550 To Sales A/c 8550(being goods sold to ajay @ 10% trade discount) |
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| 988. |
Five |
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Answer» complete question plz Six |
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| 989. |
where do we record miscellaneous expenses or income ? |
| Answer» Profit and loss AC | |
| 990. |
is premises credited or debited in trial balance ? |
| Answer» Debited | |
| 991. |
Analyse the effect of each transaction and prove that the accounting( A=L+C) always remained balance |
| Answer» Capital= Assets -- liabilties | |
| 992. |
Received a cheque from naresh of 1000 |
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Answer» Cheque in hand ac dr 1000To Naresh 1000 Bank A/C Dr 1000 To naresh 1000(Being : Received cheque from Naresh) |
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| 993. |
30 transaction with jornal entries , ledger,trial balance |
| Answer» | |
| 994. |
30 transactions journal,ledger,trial balance and balance sheet |
| Answer» 30 transaction | |
| 995. |
Class 11 accounts project 30 transactions. |
| Answer» see on youtube | |
| 996. |
30 transactions which include journal, ledger,trail balance, profit and loss acc and balance sheet |
| Answer» | |
| 997. |
Case study (project) on account |
| Answer» | |
| 998. |
Deference between book keeping and accounting ? |
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Answer» Book Keeping is concerned with identifying financial transactions and events; measuring them in money terms; recording them in the books of account and classifying them. While Accounting is concerned with summarizing the recorded transactions and events , interpreting them and communicating the results thereof. Bookkeeping include identify ,record , summarising the transaction where as they also include interpersonal of result and communicate to user abou the business |
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| 999. |
which is the last step of accountancy as a process of information |
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| 1000. |
Purchase of pen is treated as expense, is based on ………concept/convention/principle.1 |
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