Saved Bookmarks
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.
| 1751. |
All those entry which does not record in cash book |
| Answer» All credit purchases and credit sales entries does not record in cash book. | |
| 1752. |
Sample paper 11 gurukul |
| Answer» | |
| 1753. |
In final accounts-2 what we will do for purchase include stationary for rs 200 |
|
Answer» 200 minus from purchase A/C and a new A/C opened in profit nd loss A/c ( stationery A/c) What\'s the qus number |
|
| 1754. |
Define tps |
| Answer» Transaction processing is a way of computing that divides work into individual, indivisible operations, called transactions. A transaction processing system is a software system, or software/hardware combination, that supports transaction processing | |
| 1755. |
Bad debts will be recorded in debit or credit |
|
Answer» Debit Bad debts recorded in debit side because it is loss in nature |
|
| 1756. |
Can we attempt computerized accounting in accountancy paper rather than financial one |
| Answer» | |
| 1757. |
Where does rebate come in final accounts???Plsss answer fast.... |
|
Answer» Butt if we have allowed then it will come on dr. Side na?? Rebate is an income received in advance nature so rebate come cr side of p/L Account |
|
| 1758. |
Lighting comes in which statement Trading and profit and loss or balance sheet |
|
Answer» Lighting will come in trading a/c if it is related to lighting of factory otherwise it\'ll be posted to P/L A/C. P/ L A/C In Trading A/c , buddy Profit /loss account |
|
| 1759. |
What is a account |
| Answer» Account is a process of identifying and measuring recording and summarising and analysing to other communication | |
| 1760. |
Capital is a _ |
|
Answer» Internal liability Liabilities |
|
| 1761. |
What is accomodation bill ? |
| Answer» A bill, draft, or note made, drawn, accepted, or endorsed by one person for another without consideration to enable that other to raise money or obtain credit thereby. | |
| 1762. |
Rectify question |
| Answer» | |
| 1763. |
Shots question account chapter now rectify entry |
| Answer» | |
| 1764. |
Purchase book records only |
|
Answer» It only recorded credit purchase transaction It record only credit purchases Purchase book records only Credit purchase of goods |
|
| 1765. |
Journal entry cash discount receive from creditor |
|
Answer» Creditor A/C Dr. To discount received Creditor A/c Dr To discount received A/c To cash A/c |
|
| 1766. |
Rebate |
| Answer» When a promisee makes a payment before due date and then the promisor give discount to the customer called rebate | |
| 1767. |
Depriciation |
|
Answer» Depreciation is a wear&tear of the assets . And reduce the value of the asset . Depreciation refers to permanent and continuing diminution and quality quantity or value of an asset Depreciation is the fall in the value of an fixed tangible asset due to efflux of time, accidents, obsolescence etc. Depreciation is a non cash expenditure which reduces the value of assets e.g machinery bike etc |
|
| 1768. |
What should we calculate first provision for doubtful debts or provision for discount on debtors |
| Answer» First provision for doubtful debt is calculated. | |
| 1769. |
Why Ledger is known as book of final entry? |
| Answer» Because they classified the all accounts in a systematically manner. | |
| 1770. |
What is mean by purchase book |
|
Answer» Purchase book is subsidiary book which record all credit purchase transaction Purchase book is the subsidiary book which record all credit transaction Recording of credit purchase of goods in which a firm deals is done under purchase book.Simply, It is a book in which we record credit purchase of goods. It is a book which record credit purchase |
|
| 1771. |
Credit purchase to raghav not posted to his account |
| Answer» Suspense account debit and raghav account credit | |
| 1772. |
Is anyone having most difficult question of Bills of exchange??? |
|
Answer» Drawee A/c Dr To bill sent for collection A/c To cash ( noting charges) A/c Collection* X retains a B/R ($1000) till due date and on due date he sends the bill to the banker for collectio ;the bill was Dishonored,noting charges $5. Pass necessary journal entries. |
|
| 1773. |
A firm purchased on jan 1, 2015 a machinery for 170000 |
|
Answer» Machinery account debit and cash account credit Machinery A/c Dr 170000 To cash Ac 170000 Then .......Where is the complete question? |
|
| 1774. |
Question paper blue print |
| Answer» | |
| 1775. |
Good costing 60000 sold for 80000 on credit |
|
Answer» Stock less 60000 debtors add 80000 and capital 20000 add acc. Eq. Of this Debtor a/c Dr 80000 To sales a/c 80000 Dr.:- +80000Goods:-. -60000 |
|
| 1776. |
Machiney disposal |
| Answer» When the account on time to Sale | |
| 1777. |
What is deffered revenue expenditure |
| Answer» Deferred Revenue Expenditure is an expenditure which is revenue in nature and incurred during an accounting period, but its benefits are to be derived in multiple future accounting periods.e.g. advertisement expenses. | |
| 1778. |
weightage |
| Answer» | |
| 1779. |
If debtors 10 000 and closing stock are given 2000 calculated opening stock |
| Answer» Complete this question plz | |
| 1780. |
Is it correct to say purchase book is a record prepared from the invoices received from suppliers |
|
Answer» Yes it is true Yes, it is a true statement. Purchase book is the credit purchase of our company which is recorded by noting from the invoices received from the suppliers. |
|
| 1781. |
What is subsidary books |
| Answer» Subsidiary books are the book for recording the credit and debit transactions taken place. Some important books are Purchase book,Sales book and cash book. Firstly our transaction are recorded in these book from the invoices and then posted into our books of original entry. | |
| 1782. |
Iasb upon coming into existence has adopted all. And. |
| Answer» What do you want to say?? | |
| 1783. |
What journal entry is passed in case of purchase of goods outside and within the state |
| Answer» Purchase a/c - dr. Input CGST a/c - dr. Input SGST a/c - dr. To cash a/c | |
| 1784. |
Any student have any hard sample paper for accountancy than they can send the sample paper. Please |
| Answer» You must find it from this app. Previous year sample papers are tooo much beneficial.? | |
| 1785. |
Salary paid to factory manage controlling from office |
| Answer» | |
| 1786. |
30 journal entries with ledgers and trail balance |
| Answer» | |
| 1787. |
P and l Ac |
| Answer» ?? | |
| 1788. |
Sar first sample paper |
| Answer» | |
| 1789. |
Project file contain journal,ledger,trail balance,final statements ,bar diagrams n pie chart |
| Answer» | |
| 1790. |
Biils of exchange |
| Answer» | |
| 1791. |
Arun is a trader while preparing his final account he made a provision for doubtful debts @4% |
| Answer» Please tell amount | |
| 1792. |
Answer of Q.7 of financial statement with adjustment of sc sharma |
|
Answer» U are from jps Hlo |
|
| 1793. |
How to solve Bank reconciliation statement |
| Answer» | |
| 1794. |
Adjustments of gst |
| Answer» Pehlan input igst nu output nal settle karna fer je input reh gea ta input cgst nal settle karnaMean that igst close hona chahiye | |
| 1795. |
Accountancy question is very difficult |
| Answer» | |
| 1796. |
How to set off gst pe koi youTube lecture bta do koi |
| Answer» | |
| 1797. |
Deposited in bank, balance of cash in excess of rs. 425 |
| Answer» | |
| 1798. |
Depreciation total amount (including gst) pe lagata hai ya sirf purchase amount (without gst) par? |
| Answer» Total amount including GST pr | |
| 1799. |
Machine n dep acctount |
| Answer» | |
| 1800. |
What is royalty |
| Answer» Royalty is an assets of a person who have a copyright franchise trademarks nd he (lessor) give his /her right to a person (leessee )for use of rights | |