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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A summary of Receipts and Payments of Medical Aid Society for the year ended 31st March, 2018 isgiven below:Receipts PaymentsTo Cash in hand 7,000 By Payment for medicines 30,000To Subscription 50,000 By Honorarium to Doctors 10, 000To Special Donation 14,500 By Salaries 27,500To Interest on By Sundry Expenses 500Investment @ 7% P.a. 7,000 By Equipment purchased 15,000To Charity Show Proceeds 10,000 By Charity Show Expenses 1,000By Cash in hand 4,50088,500 88,500Additional Information: 1-4-2017( ) 31-3-2018 ( )Subscription due 500 1,000Subscription Received in Advance 1,000 500Stock of Medicines 10, 000 15,000Amount due to Medicine Suppliers 8,000 12,000Value of Equipment 21,000 30,000Value of Building 40,000 40,000You are required to prepare Income and Expenditure account for the year ended 31st March, 2018 and the balance sheets as on that date. |
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Answer» Answer: I don't KNOW sorry E aap dusre jaan se DEKH lijiye humko nahin aata please sorry Explanation: aap aap agale Kuchh Kasam bhejiye ham uska jawab de denge EASY wala hard wala nahin sorry |
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| 2. |
Bikaneri Products Ltd. registered with capital of 90,00,000 divided into 90,000 equity shares of 100each. The company issued prospectus inviting applications for 50,000 equity shares of 100 each payable as 30 on application, 30 on allotment 20 on first call and balance on second call. Applications were received for 48,000 shares. Raman to whom 1600 shares were allotted, failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to Suman, credited as fully paid for 90 per share. Present the Share Capital as per Schedule III of Companies Act, 2013. |
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Answer» this is too HARD. i can. not answer it |
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| 3. |
जयराम फर्नीचर शॉप ने कार्यालय स्टॉफ का वेतन दिया5000 रू.। प्रमाणक तैयार करें। iska solve bataye |
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Answer» cfuygouuytsu pjgdtfgkjrru |
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| 4. |
Sold goods costing 225000 at 33 1/3% profit less trade discount 10%against cheque which was deposited into bank .CGST and SGST 6% each .Calculate the amount to be credited to output CGST A/c |
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Answer» Explanation: Quick-Print Limited is a clothing manufacturing company that specializes in producing commemorative shirts immediately following major sporting events like the World Cup, Asian Games etc. The company has been contracted to produce garments for the winning cricket team in the coming World Cup. The items produced include two types of sweatshirts, one with silk screen printing on the front (F) and one with print on both back and front sides (B/F), and two types of T-shirts of the same configuration (F and B/F). The company has to complete all production within 48 hours after the game, at which time a trailer truck will pick up the shirts. The company will work AROUND the clock. The truck has enough capacity to accommodate 1,400 standard-size boxes. A standard-size box holds 12 garments. The company has BUDGETED Rs. 125,000 for the production run. The resource requirements, unit costs, and profit for each type of shirt are shown in the following table. Processing Time (hr) Cost (Rs) Profit (Rs) Sweatshirt–F 0.22 36 90 Sweatshirt–B/F 0.36 48 126 T-shirt–F 0.06 26 44 T-shirt–B/F 0.32 38 62 The company wants to know how many UNITS of each type of shirt to produce in ORDER to maximize the total profit. Formulate the above problem as a Linear Program. NOTE: Clearly define the variables and label each constraint. |
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| 5. |
Journal entry for interest due but not recieved |
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Answer» Answer: Interest receivable is the amount of interest that has been EARNED, but which has not YET been RECEIVED in cash. The USUAL journal ENTRY used to record this transaction is a debit to the interest receivable account and a credit to the interest income account.
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| 6. |
From the following balance taken from the books of khizra a & co and adjustments prepare tarading and profit loss account for year ending 31st March 2020 and balance sheet |
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Answer» Hagan an she BAND DVD NDBS Hagan ANNABA ban Explanation: bsjsjssbbsbdjdbdhdb dhdhdbhdhdbsbss |
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| 7. |
80.000I 12000E 13000E o 480001) Chantecent capifon All) chantrat drawings All52stoccaopening:)cash at е Banta2 cash in handrocear from BuddhaI mossionaryFurnituree coooE 40000166000025000Surdry debitarsSurdry ereditarsI goooE1000007000 |
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Answer» vxfadsddqfed23 htswrDscdecswhjd Explanation: decaff gtbsjuevfwvydacyvydrh1 |
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| 8. |
ChinaPayable there onLoanReceipts and Payments Account(for the year ended 31st March, 2019)AmountPaymentsnetAmount7To Balance bdTo Tuition FeesTo FinesTo Interest onPrepare Income & Expenditure Account for the year ended 31st March, 2018 and BalancePrepare an Income and Expenditure Account for the year ended on 31st March, 2019 andAns. Deficit 26,963, B/S Total * 83,850, Capital Fund (31.3.2017) * 92,500)sheet of that Dateche Balance Sheet as on that date of Modern College from the following:To Grant from State GovernmentTo Rent from Use of HallThe college had the following assets as on 31st March, 2019:Furniture * 35,000, Land & Buildings * 1,60,000; Library Books * 24,000; Investments* 10,000and Outstanding Tuition Fee * 2,200.Provide for depreciation on the closing balances of the following assets :Land and Buildings @ 5%, Furniture @ 15% and Library Books @ 20%.ReceiptsSecuritiesore Equipment is capital expenditure,20,000 By Pay & Allowances59,000 By P/F Contribution1,000 By Printing & Stationery30,000 By Books for Library300 By Postage & Telegrams1,000 By Newspapers etc.By Science EquipmentsBy Laboratory ExpensesBy Construction of New BuildingBy Repairs and MaintenanceBy Audit FeesBy General ChargesBy Balance c/a1,11,30070,5005,5407004,6005003004805004,70060030058022,0001,11,300Continue |
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Answer» Answer: 700,900352,0000000 00000000000pp000000 |
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| 10. |
क्या साझेदारी फर्म पावर ऑफ अटॉनी दे सकती है? |
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Answer» पावर ऑफ अटॉर्नी क्या होता है अटॉर्नी की एक शक्ति (POA) या अटॉर्नी का पत्र निजी मामलों व्यवसाय या किसी दुसरे कानूनी मामले में किसी अन्य की ओर से प्रतिनिधित्व या कार्य करने के लिए एक लिखित अनुमति है. ... और एजेंट का पेशे से वकील होना ही जरूरी नहीं है. लेकिन एजेंट पावर ऑफ अटॉर्नी के दायरे से बाहर नहीं जा सकता है. Explanation: |
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| 11. |
2. Removal of poverty was stronglyemphasized during |
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Answer» Explanation: The FIFTH Five-Year PLAN (1974–1979) laid STRESS on employment, POVERTY alleviation, and justice. |
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| 12. |
Swame dwara lagae Gaye puji ke Karan use rendata Mana jata hai |
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Answer» Explanation: I hope this help you please mark me as the BRAINLIEST... |
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| 13. |
(C) 18,000(d) 30,000At the time of dissolution, when a creditor amounting to 80,000 accepted 20,000 incash and investments of the book value of 65,000 in full settlement of his claim:(a) Realisation A/c is credited with 20,000(b) Realisation A/c is debited with 20,000(c) Bank A/c is debited with 20,000(d) Bank A/c is credited with 80,000 |
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Answer» it's easy bro just TRY once please |
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| 14. |
Enter the following transcation in a single column cash book 1.balance cash in hand ₹8000 2.received cash from anand on account₹20003.paid to kumar on account₹15005.purchased goods for cash₹2400"received interest₹1506.received commission₹2507.paid wages₹15009.sold goods for cash₹180011.paid cash to madan₹210014.received cash from jaya&co₹105015.paid salaries₹550 |
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| 15. |
(ब) व्यय5. खुदरा रोकड़वही का शेष होता है-(ओ दायित्व(रा) लाग(द) सम्पत्ति |
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| 16. |
म सकाई नहीं3. स्वामी द्वारा व्यवसाय में लगाई गई पूंजी के कारण उसे ऋणदाता माना जाता है-(अ) पृथक वैधानिक अस्तित्व की मान्यता(स) मौद्रिक मापन की मान्यता(ब) लागत अवधारणा(द) पूर्ण प्रकटीकरण की मान्यता |
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Answer» Answer: A) option pruthak vegyanik ASTITVA ki manyata...Explanation: I HOPE this HELP you please MARK me as the brainliest... |
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| 17. |
Goods purchase to aagam Jain for RS. 38000 on term of 15% trade discount and 10.5% cash discount .he paid half the amount in cash |
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Answer» Answer: |
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| 18. |
Which isancient system of math |
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Answer» I don't KNOW I don't know |
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| 19. |
Khayati ganna ki gatividhiyo ko udharn sahit samjhaiye |
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Answer» Answer: khayati ganna ki gatividhiyo KO udharn SAHIT SAMJHAIYE Explanation: khayati ganna ki gatividhiyo ko udharn sahit samjhaiye THANK YOU |
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| 20. |
Amazon has the following balance sheet for years 2012 (incomplete) and 2011. Use the financial data information provided to construct the financial statements of the firm for year 2012, calculate, and analyze financial measures of the firm.Balance sheet figures are in thousands of dollars.CashAccounts receivableInventoriesTotal current assets Net fixed assetsTotal assetsAccounts payableAccrualsNotes payableTotal current liabilitiesLong-term debtTotal liabilitiesCommon stockRetained earningsTotal common equityTotal liabilities and equity2012 (000s)103,36538,444$244,65967,165$311.82430,76130,477 16,717$ 77,95576,264 $154,2197$157,6055311,8242011 (000s)$ 89,72585,52734,982$210,23442.436$252,670$ 23,10922,65614,217$ 59,98263,914$123,896 90,00038,774$128,774$252670a) Key input values to construct Income Statement are following.. Insert the key input datain the excel sheet and link the cells in calculations. Given this information, constructthe firm's 2012 income statement (round the final answer to 000s).• Sales for 2012 were $455,150,000EBITDA was 15% of sales.Depreciation and amortization were 11% of net fixed assets.Interest was $8,575,000.Corporate tax rate was 40%Amazon pays 40% of its net income in dividends.b) Construct the statement of R/E for the year ending December 31, 2012.c) Construct the statement of stockholder's equity for the year ending Decemberd) Construct the statement of cash flows for the year 2012.e) Complete and construct the balance sheet as of December 31, 2012.f) Calculate the following financial measures for the year 2012: • NOPATNOWCTotal Operating CapitalFCF• MVA EVAg) Interpret and analyze the above measures for the firm.31, 2012.Additional information:• Market stock price of Amazon share on December 31, 2012 is $65.Cost of capital (WACC) is 10%.Par value per share is $10.New shares issued in 2012@ a par value of $10 are 10 million. |
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Answer» Answer: GIVEN: √5 We need to prove that √5 is irrational Proof: Let us assume that √5 is a rational number. So it can be EXPRESSED in the form p/q where p,q are co-prime integers and q≠0 ⇒ √5 = p/q On squaring both the SIDES we GET, ⇒5 = p²/q² ⇒5q² = p² —————–(i) p²/5 = q² So 5 divides p p is a multiple of 5 ⇒ p = 5m ⇒ p² = 25m² ————-(ii) From equations (i) and (ii), we get, 5q² = 25m² ⇒ q² = 5m² ⇒ q² is a multiple of 5 ⇒ q is a multiple of 5 Hence, p,q have a common factor 5. This contradicts our assumption that they are co-primes. Therefore, p/q is not a rational number √5 is an irrational number. Hence proved please MAKE me brainlylist |
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| 21. |
A company purchased a second hand plant was put to use on 1-1-90. After having used it for six years,it was sold for RS.15,000 . Your are required to prepare the plant A/C for 6 years, providing depreciation at 10% on original cost. |
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Answer» depreciation= 10 per cent 6 years use sp+ depreciation rs 15000+ 10 per cent 15000 rs 16500
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| 22. |
How can we decrease alpha and beta ?? |
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Answer» Answer: Alpha and beta levels are connected: you can't LOWER one without raising the level of the other. For EXAMPLE, a Bonferroni correction reduces the alpha level (i.e. the probability of MAKING a type II error) but inflates the beta level (the probability of making a type II error). |
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| 23. |
How can we decrease alpha and beta ??( type 1 and type 2 errors) |
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| 24. |
Which of is non operating expenses |
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Answer» Answer: HIIIII Hello Explanation: |
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| 25. |
Sold goods to Mr. X for cash ₹30000 |
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Answer» Answer: where is the QUESTION? |
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| 26. |
(6) Ao supply with swtable examples(10)person wishes to have Rs 10,00,000 for his daughter's marooche layo fromnow. He plomy to deposit it a lump sum amount which will ferch himn an interest@ 107. compounded Semi-annually.Determine amount he should deposit now |
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Answer» Explanation: If we know the single amount (PV), the interest rate (i), and the number of periods of compounding (n), we can calculate the future value (FV) of the single amount. Calculations #1 through #5 illustrate how to determine the future value (FV) through the USE of future value factors. Calculation #1. You make a single deposit of $100 TODAY. It will remain INVESTED for 4 years at 8% per year compounded ANNUALLY. What will be the future value of your single deposit at the end of 4 years? The following timeline plots the variables that are KNOWN and unknown: 84X-timeline-04 |
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| 27. |
Corporate wealth maximization is the value maximization for___ |
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Answer» SHAREHOLDERS wealth maximization criterion PROPOSES that a BUSINESS concern should only consider the decisions that maximize the market value of the share or the shareholders' wealth. ... When the firm maximizes the shareholders' wealth, the individual shareholder can use this wealth to maximize his individual utility. Please mark me as brainlest |
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| 28. |
What do you mean by accounting from incomplete records? |
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Answer» Answer: Mark me as brainliest. Explanation: Incomplete records refers to a situation in which an organization is not USING double-entry BOOKKEEPING. Instead, it is using a more INFORMAL accounting system, such as a single-entry system, to maintain a reduced amount of information about its financial results. Under a single-entry system, it is possible to maintain a cash-basis INCOME statement, but not a balance SHEET. |
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| 30. |
Find net profit ratio please ans fast |
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Answer» For 18-19, NPR = 14.18% For 17-18, NPR = 17.03% |
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| 31. |
Please answer fastfind debt equity ratio |
Answer» The debt-to-EQUITY (D/E) RATIO is CALCULATED by dividing a company's total liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is USED to evaluate a company's financial leverage. |
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| 32. |
Enumerate 5 ways to handle cash |
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Answer» don't spend invest don't BUY UNNECESSARY things deposit in BANK |
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| 33. |
Paid for Advertisement 9,000/ |
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Answer» Mark me as BRAINLIEST Advertisment A\c Dr. 9000 To CASH A\c 9000 |
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| 34. |
gross profit (20%of sales) =60000 shareholders equity = 50000 credit sales to total sale 80% total assets turnover = 3 times inventory turnover 8 times average collection period 18 days current ratio 1.6 long term debt to equity 40% |
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Answer» Explanation: From the following PREPARE Bank Reconciliation statement in the books of Rajath and co., as on 30.9.2020. a. Overdraft BALANCE as per cashbook Rs. 28,470. b. Interest allowed by bank of Rs.200 was entered twice in the cash book. c. It was found that TOTAL of one page on the payment side of the cash book which was Rs. 1,250 was written as Rs.1,520 on the next page. d. A cheque of Rs.32,000 ISSUED to Insurance company was not yet presented for payment e. Out of cheques issued for Rs.7,500 cheques of Rs.5,000 were presented for payment till the date. f. Out of the cheques presented for payment one cheque of Rs.700 was not honored due to some technical reasons. No entry was passed in the cash book for dishonor. |
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| 35. |
X Ltd made a profit of₹.6,00,000 before considering depreciation on Machinery₹.50,000 and Loss on sale of computer₹.10,000. The amount to be shown as Cash Flows of Operating activities is ____________________ |
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Answer» Operating profit is the income earned from the core OPERATIONS of a business, EXCLUDING any financing or tax-related ISSUES. The concept is USED to investigate the profit-making potential of a business, excluding all extraneous factors. |
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| 36. |
Goods of catalogue price of 24000 purchased at a trade account of 20% from ashok Aggarwal |
Answer» PTA CHALE toh hume BHI BTANA |
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| 37. |
Withdrew cash for the payment of tuition fee of owners children Rs.6000 |
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Answer» TO CASH A/c 6000 |
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| 38. |
Scope and function of accounting standard |
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Answer» Scope and Functions of Accounting Standards Board: The main function of ASB is to formulate accounting standards so that such standards may be ESTABLISHED by the Council of the INSTITUTE in India. While formulating the accounting standards, ASB will take into CONSIDERATION the applicable laws, customs, usages and BUSINESS environment. |
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| 39. |
Paid income tax Rs 4000 And sale tax ra 6000 |
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Answer» Explanation: The water cycle shows the continuous MOVEMENT of water within the Earth and atmosphere. ... Liquid water evaporates into water vapor, condenses to form clouds, and precipitates back to earth in the form of RAIN and snow. Water in DIFFERENT PHASES moves through the atmosphere (transportation). |
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| 40. |
S and t are partners in 2:1 ratio . U,a new partner is admitted for 1/5 share . New ratio among s ,t and u is 2:2:1. Find out sacrifice ratio and gaining ratio of old partners. |
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| 41. |
General entry of debtors |
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Answer» we can't able to UNDERSTAND your question my friend..... |
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| 42. |
Jounral entry debtors |
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Answer» DEBTORS can come in debit SIDE only Explanation: bro if you have any query you can ASK me about JOURNAL ENTRY ok. |
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| 43. |
Ratio analysis chapter Ratio formula's please answer |
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| 44. |
Ram commerce business which RS 70000 out of which rupees 50,000 were his own and he took loan from his brother Vijay rupees 20000 |
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Answer» Cash A/c DR. To VIJAY's loan To capital A/c |
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| 45. |
A cash sale of тВ╣1700 to meena was posted to the credit of meena |
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| 46. |
29. A Company's Current Assets are R$8,00,000 and its current liabilities are Rs4,00,000. Subsequently,it purchased goods for Rs1,00,000 on credit. Current ratio will be1MARK(A) 2:1(B) 2.25 : 1(C) 1.8:1(D) 1.6:1 |
Answer» (A) 2:1Explanation: I HOPE you GET HELP. |
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| 48. |
28. Redemption of Debentures/Preference shares results into: (a) Source of fund(b) Use Or application of fund(c) No flow of fund(d) No flow of cash |
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| 49. |
Which of the following are the functions of IRDAI: 1. to regulate the rates of premium offered by insurers 2. to regulate investment of funds by insurance companies |
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Answer» Answer: |
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