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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.
| 3101. |
Mohan started business with cash? |
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Answer» Cash a/c ..dr to c apital a/c Cash a/c ....... dr To capital a/c |
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| 3102. |
Fdcvv |
| Answer» | |
| 3103. |
What are debtors |
| Answer» | |
| 3104. |
What are the weightage of half yealy in account in kvs school |
| Answer» More weightaged marks are important in Account | |
| 3105. |
Solution of all practice question of chapter 19 |
| Answer» | |
| 3106. |
What is undercasting in brs |
| Answer» | |
| 3107. |
What do you mean by written down value method? |
| Answer» | |
| 3108. |
What is the difference between Revenue, Gross Profit & Income ? |
| Answer» \tRevenue is the total amount of income generated by the sale of goods or services related to the company\'s primary operations.\tGross profit\xa0is the\xa0difference between\xa0the revenue earned and the cost of goods sold (COGS) for a given period of time.\tIncome is often considered a synonym for revenue, as both terms refer to positive cash flow. However, in a financial context, the term income almost always refers to the bottom line, or net income. Also referred to as net profit, this number represents the total amount of cash that remains from the original amount of revenue after accounting for all expenses and additional income. | |
| 3109. |
Solved depreciation questions ?? |
| Answer» | |
| 3110. |
Office expense comes in profit and loss ac |
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Answer» Yes on the debit side Yes |
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| 3111. |
postage and telegram rs 555 |
| Answer» | |
| 3112. |
Why depreciation? |
| Answer» | |
| 3113. |
Functions of accounting |
| Answer» | |
| 3114. |
What is convention of materiality |
| Answer» | |
| 3115. |
Define depreciation |
| Answer» Reduction in the value of an asset over time,due in particular to wear and tear. | |
| 3116. |
What is deprivation |
| Answer» | |
| 3117. |
What is depriceation |
| Answer» | |
| 3118. |
Rahul started business in journal entry what we write |
| Answer» If with cash;cash a/c dr To Capital a/c | |
| 3119. |
Merger |
| Answer» | |
| 3120. |
What do you mean by payee |
| Answer» Payee is the third party ir bank or the drawer eho receives the payment | |
| 3121. |
what is contigent liablity |
| Answer» | |
| 3122. |
disconting a bill of exchange journal entry |
| Answer» Bank(Dr.)Discount (Dr) To bill receivable | |
| 3123. |
B. Sen become bankrupt and he pays 25 Paise per rupees |
| Answer» This means that he paid 25 paise against 1 rupee,That if had taken 1 rupee than he gave only 25 paise. So,the amount he had taken divided by 4 is equal to the amount he paid | |
| 3124. |
Explain Accounting Standard |
| Answer» | |
| 3125. |
Straight line methods |
| Answer» In straight line method the depreciation of a machine is same every year. | |
| 3126. |
What is the difference between stock and inventory |
| Answer» Stock items are the goods you sell to customers. Inventory includes the products you sell, as well as the materials and equipment needed to make them. | |
| 3127. |
Deposited into bank the entire balance after retaining Rs. 15,000 as cash balance |
| Answer» It can\'t be solved like this ...We need the whole questions to solve itt. ........you need to clr your basics. ...friend | |
| 3128. |
Is half-yearly sample papers of 11th is available to download |
| Answer» | |
| 3129. |
Paid service 500 |
| Answer» | |
| 3130. |
Disposal account how to make |
| Answer» | |
| 3131. |
Goodwill |
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Answer» Purchased a/c. to cash a/c Reputation of a person. Reputation |
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| 3132. |
What is accrual concept |
| Answer» | |
| 3133. |
Buy Motorcycle for personal use Rs.5000 what is its accounting equation |
| Answer» Drawing a/c dr 5000To cash a/c 5000 | |
| 3134. |
What is transactions |
| Answer» | |
| 3135. |
What is trial bslance |
| Answer» trial balance is a statement prepared to show separately the debit and credit balance | |
| 3136. |
Asset (liability+ ??) |
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Answer» Assets invest by businessman in a firm Capital |
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| 3137. |
Meaning of provision and reserve |
| Answer» | |
| 3138. |
Fill in the blank.Q.Accounting is a language of .............................. |
| Answer» | |
| 3139. |
When is our full syllabus exam |
| Answer» Last term | |
| 3140. |
Why cash book does not have a credit balance? |
| Answer» Because it is a cash book it only shows the cash balance not credit balance | |
| 3141. |
depression pag no. 15.61 |
| Answer» | |
| 3142. |
How to show rent in advance in accounting equation |
| Answer» rent in advance is an asset for business so,we make a column of prepaid rent in asset side | |
| 3143. |
What is goodwill |
| Answer» Name and fame in the market | |
| 3144. |
what is the diffrence between assets and expeses? |
| Answer» Asset-those things which we owned for generating income in future. Expense-the money we spent on anythinG | |
| 3145. |
What is consistency assumption |
| Answer» | |
| 3146. |
Question paper of quaterly exam |
| Answer» | |
| 3147. |
What is three branches of accounting |
| Answer» Financial , cost and management accounting | |
| 3148. |
What is double entry system |
| Answer» Recording the business transactions in two side Dr and cr is double entry system | |
| 3149. |
What is revenue |
| Answer» Revenue :Total amount of cash generated by the sale of products or services associated with the company\'s primary operations,usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. | |
| 3150. |
Father of economic |
| Answer» Adam Smith is regarded as the father of modern economics. | |