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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.
| 3551. |
Guys can u help me out |
| Answer» | |
| 3552. |
Explain the factors which necessitated systematic accounting |
| Answer» Ch 1 | |
| 3553. |
Goods of ₹5000 were used by him for domestic purpose journalise |
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Answer» Drawings A/c. 5000 To purchases A/c. 5000 Drawing AC To purchase AC |
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| 3554. |
sold goods at 1000 |
| Answer» Cash AC To sales AC | |
| 3555. |
Introduction to accounting |
| Answer» | |
| 3556. |
Tranjaction |
| Answer» | |
| 3557. |
Discuss the external and internal users of accounting. |
| Answer» | |
| 3558. |
What are two bases of accountig |
| Answer» Cash basis of accounting and accrual basis of accounting. | |
| 3559. |
Drew cash from bank for office use rupees 10,000 .Journlise them? |
| Answer» | |
| 3560. |
"Meeting requiredment" what does it mean¿ |
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| 3561. |
Differences between double antry system and single antry system |
| Answer» In double entry system both debit and credit side of a transaction are noted where as in single entry system only one side is noted i.e.either debit side or credit side. | |
| 3562. |
What is the golden rule of Dr. andCr.?? |
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| 3563. |
entry the following transection in a two column cash book having cash and discount column |
| Answer» | |
| 3564. |
what is Depreciation ?????? |
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Answer» Depriciation means ( kisi bhi cheez ka thore time baad price less hona) for example u bought a machine cost rs.10000 and if u are selling it after 2years then its cost is 7000...then 3000 is the cost depriciated... please explian It is type of tax or charge. |
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| 3565. |
What is fictitious assert |
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| 3566. |
Pass the journal entryBank charges were ₹200 |
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Answer» This is wrong entry It should beBank charges. Ac. Dr. 200 To bank ac. 2000 Cash ac dr 200 To bank ac 200 |
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| 3567. |
going concern assumption |
| Answer» | |
| 3568. |
How to write bought good for cheque book in journal entries |
| Answer» It will be\xa0Purchase A/c... DrTo Bank A/c ... Cr | |
| 3569. |
Sir mera ko cbse notes mile ge kya |
| Answer» | |
| 3570. |
What is mean account |
| Answer» | |
| 3571. |
What is meant by owner\'s capita? |
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Answer» The money invested by owner is called owner capital Owner\'s capital |
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| 3572. |
revenue |
| Answer» | |
| 3573. |
Moisturhas beende |
| Answer» | |
| 3574. |
Recording transaction 1 18 journal and ledger |
| Answer» | |
| 3575. |
What is accuntancy with example??? |
| Answer» accountancy refers to professional practice of accounting | |
| 3576. |
What is debot |
| Answer» | |
| 3577. |
Owner sold goods for cash - 10,000 and on credit costing - 15,000 both at a profit of 20% |
| Answer» | |
| 3578. |
Which type of accounts are never balance but are totalled |
| Answer» | |
| 3579. |
concept of discount in journal entry explination |
| Answer» | |
| 3580. |
What\'s revenue &capital receipts |
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Answer» Revenue means income in a business ,business should be recarring in natureCapital receipt means selling the goods not its original price more than its original price then along with in net price the other price we take that is income ex -goods sold rs 500 and recipt a money 200 along with his net price that is income is 700 . 500 is for goods price and 200 is "capital" the owner incom Revenue recipts:It is the amount received in the normal course of business say against sale of goods or rendering of services in fixed deposit Hy Hy tisha |
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| 3581. |
Simple define of accountancy. |
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| 3582. |
Plz sir tell me basic concept of accounting equation |
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Answer» A=l+C L=A-CC=A-l A=C+L A=assetC=capitalL=liabilities All the assests in equation will add on and every expense subtract from it.Profit will add in capital Loss will subtracted from capital. Creditors bank loan depreciation will add liabilities .Assets =capital+liabilities May it will help u.Thanks |
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| 3583. |
Prudence principal |
| Answer» all anticipated losses are shown in balance sheet but anticipated profits are not shown | |
| 3584. |
Assets kya hai libality |
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Answer» Assets are used for business operation to run the business Liability means obligation they are creditor who invested money in business the owner have to pay thir money within one year that is curren liability or mpre than one year that is non current liability Assets =They are the properties owned by an entity or enterprise. Example land, building, machinery, cash etc.Liabilities= It means amount owned by the business. Nahi both terms are different No |
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| 3585. |
What is an accout? |
| Answer» It is a book which contain seperate account name | |
| 3586. |
Cheque given to aashu on account what is journal entry |
| Answer» Aashu a/c. Dr To bank a/c | |
| 3587. |
Recording of transition |
| Answer» Done in Journal... You can\'t get process here | |
| 3588. |
Any one here |
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Answer» Hello Yes . |
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| 3589. |
Pass journal entry for1)goods sold on credit |
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Answer» Purchase and sale never come together in any jornal entry Debtor ac Dr To sales Purchase ac dp To shale |
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| 3590. |
Accrued interest is Rs 500 where it wil in accounting equation |
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| 3591. |
મુખ્ય કેશિયર પાસેથી રોકડા મળ્યા 5000 |
| Answer» | |
| 3592. |
What do you understand by accounting vouchers ? Give specimen of accounting voucher. |
| Answer» | |
| 3593. |
Remitted to dharamvir cash book entry |
| Answer» | |
| 3594. |
Explain two limitations of accounting |
| Answer» hii i am sunil read in class 11 in green bells public school live in shahdol.my answerincomplete unformation:- acconts statement provide only the incomplete information because the actual profit or loss oof a business can be know only when the business is closed down.(2):- Affected by window dressing :- window dressing refer to the practice of manipulting accounts, so that the financial statements may disclose a more favorable position than the actual position.ok. | |
| 3595. |
Characteristic of accounting |
| Answer» | |
| 3596. |
PlZz help me. What is the Going Concern Concept. |
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Answer» Ohh thankyou so much anupriya ji According to this concept business is said to continue for a Foreseeble future and there is no intention for its closure or to scale down it\'s Operations significantly. |
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| 3597. |
Simple methord of journeral with gst |
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| 3598. |
What is petty cash book? PlZ friends explain it for me. |
| Answer» The petty cash book is a formal summarization of petty cash expenditures, sorted by date. In most cases, the petty cash book is an actual ledger book, rather than a computer record. Thus, the book is part of a manual record-keeping system. There are two primary types of entries in the petty cash book, which are a debit to record cash received by the petty cash clerk (usually in a single block of cash at infrequent intervals), and a large number of credits to reflect cash withdrawals from the petty cash fund. These credits can be for such transactions as payments for meals, flowers, office supplies, stamps, and so forth. | |
| 3599. |
Definition of accounts |
| Answer» | |
| 3600. |
Difference btw capital receipt and capital expenditure |
| Answer» Capital receipt--Capital receipts refer to those receipts which either create a liability or cause a reduction in the assets. Ex- Disinvestment, loan etc. Capital expenditure--It is a fund or amount spend by company to get, maintain and upgrade their assets. Ex- Machinery, Buildings, Land etc. | |