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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.
| 2901. |
Why closing stock Debited in trial balance |
| Answer» Because it is assets | |
| 2902. |
Ncert solution of not for profit organization |
| Answer» Which question | |
| 2903. |
How to calculate subscriptions |
| Answer» | |
| 2904. |
Why goods is not included in incomplete records |
| Answer» | |
| 2905. |
Explain going concern assumption |
| Answer» Going concern concept says that the owner should think the business will last for long periods of time | |
| 2906. |
Can you gave they video lecterfor account in this aap |
| Answer» | |
| 2907. |
Trial balance debtors items |
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Answer» All the assets will be DrAll the loss or exp ll be DrAll the liabilities ll be crAll the income or profit ll b cr Cash a/c , captal a/c , purchase a/c , name , furniture a/c , sales a/c , machinery a/c , drawing a/c , rent a/c , wages a/c, salary a/c , commission a/c (Question ma jitna bhe name hoga vo sab ayaga) For ex-subhash\'s a/c , Ravi\'s a/c , etc |
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| 2908. |
Salary of$1000 for March 2018 is outstanding. |
| Answer» Add 1000 in Rent as O/S rent in P/L ac and it ll b shown in the liabilities side as O/S Rent 1000Every adjustment ll ve 2 effect One in Trading then other ll b in BsIf in PL ac then other ll b in BS | |
| 2909. |
Give the journal entry on-depreciation on furniture @10% per annum? |
|
Answer» Depreciation on furniture a/c Dr To furniture a/c Furniture a/c dr to depreciation a/c |
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| 2910. |
Question 7 ch. 17 |
| Answer» In the books of A Date particular lf. (Dr) amount (Cr) amount 2017 15 Jan(1) b/R account a/c dr. 5000 Dis allowed a/c dr 100 To B 510018 Jan (2) A dr. 5000 To B/R a/c 5000In the books of B Date particular. Lf (Dr) amount (Cr) amount 2017 15 Jan (1) A. Dr. 5100 To B/p a/c 5000 To discount rec a/c 100 18 Jan (2) B/P a/c Dr 5100. To cash a/c 5100 In the books of C Date. Particular. Lf. (Cr) amount. (Dr) amount 2017 18 Jan (1). B/R a/c dr 5100 To. A 5100 18 Jan (2) cash a/c. Dr 5100 To B/R a/c 5100 | |
| 2911. |
What is the term used for written off patents? |
| Answer» | |
| 2912. |
easy concept to learn it |
| Answer» | |
| 2913. |
Increase in liability nd decrease in capital |
| Answer» | |
| 2914. |
Guyzz plzz help me solving this..A cheque of ₹1000 was taken in cash columnFrom BRS chapter |
| Answer» 1000 rupees will be added on the bank column of cash book. | |
| 2915. |
Define promissory note |
| Answer» Promissory note refers to as a note payable,is a legal instrument in which one party promises in writing to pay a determinate sum of money to the other. | |
| 2916. |
Define provision for doubtful debt |
| Answer» This provision is kept aside for our future bad debts which we don\'t know. | |
| 2917. |
How to solve BRS |
| Answer» Reallly ? | |
| 2918. |
How to solve |
| Answer» | |
| 2919. |
Why we didn\'t write appreciation |
| Answer» | |
| 2920. |
What the mean of net sale? |
| Answer» Total sales - sales returns =net sales.... | |
| 2921. |
Furniture sold |
| Answer» | |
| 2922. |
Opening stock was overvalued by 1000 |
| Answer» | |
| 2923. |
Most important chapter for sa2 |
| Answer» Not for profit, bill of exchange, depreciation, financial statements | |
| 2924. |
Credit sale of 5000 to ram omitted to be recorded in the book |
| Answer» Now jst put up the entry.... | |
| 2925. |
What is Bill |
| Answer» A bill is an invoice that one of your suppliers will give you, and which, sooner or later, you will have to pay. | |
| 2926. |
What is real nominal or petsonal account |
| Answer» | |
| 2927. |
Difference between income and gains ; expense and losses |
| Answer» Please give | |
| 2928. |
I have a doubt in Accountancy |
|
Answer» ☺???????☺☺☺☺☺ Difference between income and gains; expense and losses Then just ask☺ |
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| 2929. |
What is the meaning of receipt |
| Answer» | |
| 2930. |
What is BRS. |
| Answer» Bank reconciliation statement is a statement which is prepared on a particular date to reconcile(match) the difference of cash book with pass book. | |
| 2931. |
Started business with cash |
| Answer» Cash a/c Dr. To capital a/c | |
| 2932. |
2015 unsolved sample papers Dr Vinod Kumar |
| Answer» | |
| 2933. |
The trial balance is usually prepared with the_____ account |
| Answer» | |
| 2934. |
Class 11 eco project? |
| Answer» | |
| 2935. |
Bill of exchange illustration 14 |
| Answer» | |
| 2936. |
what is mean by accounting information system |
| Answer» Accounting information refers to the financial statements generated through the process of book keeping use of which helps the users to arrive at decisions | |
| 2937. |
What is accumulated depriciation? |
| Answer» The Provision for Depreciation and accumulated Depreciation are one and the same.PFD account is also known as Accumulated Depreciation account. | |
| 2938. |
Accounting equation problem -interest on loan 20000 and installement in 200000 |
| Answer» | |
| 2939. |
What is the difference between business and firm? |
| Answer» | |
| 2940. |
Give there example of transcation processing system |
| Answer» | |
| 2941. |
A receives an order from B for 250000. Will it be recorded in accounts of the firm |
|
Answer» Because it is not related to financial transactions It is not recorded because it is not related to Cash transactions... No |
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| 2942. |
Why we need dr & Cr rule in double entry system |
| Answer» Becoz with this only v get to know about what is income and expenses.of our business..... | |
| 2943. |
Going concern concept |
| Answer» This concept assumes that the business firm will continue to carry out its operations indefinitely ie.for a fairly long period and will not be liquidated. | |
| 2944. |
What is the main purpose of depreciation |
|
Answer» To know the real and fair value of that asset while selling it. To show correct financial position of abusiness. To find the current value of fixed assets. |
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| 2945. |
What is difference b/w doble and single coloum cash book |
| Answer» In double coloum cash book, bank coloum is also included.. which is not there in single coloumn.. | |
| 2946. |
Debit |
| Answer» What do u want to ask plz clear | |
| 2947. |
Which of the following is not business transaction |
| Answer» sign a contract for future services | |
| 2948. |
Wt is the full form of mouse |
| Answer» ManuallyOperated Utility for Selecting Equipment | |
| 2949. |
Chapter N P O |
|
Answer» Really interesting.....? You mean Not for Profit Organizations... |
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| 2950. |
What is wdv &slm |
| Answer» Wdv - written down value : depreciation on deducted amount every year , slm- straight line method : depreciation is the same amout as 1st yr. | |