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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. |
Purchase good from hari for rs.30000 and paid rs.20000 by cheque partially |
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Answer» Answer: you have to GIVE him again 10000 RS because 30000-20000 is 10000 OK please mark as BRAINLEST and like my answer |
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| 2. |
A sale of 2000 to singh and company was wrongly credited to their account |
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Answer» Answer: I don't UNDERSTAND your question? could you EXPLAIN your question CORRECTLY ? |
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| 3. |
Enter the following transactions in a double column cash book/two column cash book |
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| 4. |
PROBLEMS:1. Bharat invested Rs.265000 to start a business---receipt 2. Deposited cash into bank of India Rs.25000 3. Open an account with canara bank Rs.50000 4. Paid for repairs Rs.500 5. Paid salaries Rs.2000 6. Paid rent Rs.10000 7. Incurred trading expenses Rs.250 8. Bank charges incurred Rs.100 9. Paid for stationeries Rs.300 10. Office rent paid by canara bank cheque Rs.2000 11. Received commission Rs.10000 12. Received dividend income Rs.5000 13. Made transfer from canara bank to bank of India Rs.25000 14. Paid interest Rs.150 15. Rent received Rs.400 16. Withdrawn cash from bank of India Rs.2500 17. Paid wages Rs.500 18. Paid cash to Ram Rs.1000 19. Travelling expenses Rs.500 20. Interest received Rs.1000 prepare profit and loss,balance,trail balance |
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| 5. |
Debit balance in the cash book means |
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Answer» The debit BALANCE as per the cash BOOK means the balance of deposits held at the bank. Such a balance will be a credit balance as per the PASSBOOK. Such a balance exists when the deposits made by the FIRM are more than its withdrawals. ... On the other hand, the credit balance as per the cash book indicates bank overdraft. |
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| 6. |
Drawer is debtor or creditor? |
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| 7. |
All of the following provide intranet security except:- A. Data encryptionB.FirewallC.Data compressionD.User authentication |
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Answer» please mark me as BRAINLIST and follow ALSO please but I NEED brainlist marks so please... |
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| 8. |
The drawer of a bill of exchange is called as |
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Answer» The drawee is the PARTY that PAYS the sum specified by the BILL of exchange. The PAYEE is the one who receives that sum. The DRAWER is the party that obliges the drawee to pay the payee. |
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| 9. |
. A partnership firm earned divisible profit of Rs. 5,00,000, interest on capital is to beprovided to partner is Rs. 3,00,000, interest on loan taken from partner is Rs. 50,000 andprofit sharing ratio of partners is 5:3 sequence the following in correct way |
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Answer» ☺️$$$$$$$ 10000000$$$ |
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| 10. |
The equal area criteria is used to capability of whichcompensator |
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Answer» Answer: The equal AREA criterion is a simple GRAPHICAL METHOD for CONCLUDING the transient stability of two-machine systems or a single machine against an infinite bus. This principle does not require the swing equation for the determination of stability conditions. Explanation: here is your answers |
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| 11. |
Define subscription?Give a suitable example? |
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Answer» Answer: The definition of a subscription is an agreement you make in advance to receive something for a specific period of TIME. Example ...When you make an arrangement to have a MAGAZINE delivered every month, this is an example of a subscription. noun |
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| 12. |
What is Accountancy? Explain it with example? |
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Answer» Answer: Accounting is the process of recording financial transactions pertaining to a business. The accounting process INCLUDES summarizing, analyzing and reporting these transactions to oversight AGENCIES, REGULATORS and TAX collection entities. Explanation: pls MARK me as brainliest |
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| 13. |
1. Stella, widow of Mr. Aaryan, supplies the following information for the Assessment Year 2018-19. Computeher tax liability for the year.She has 2 house properties. 1st is self-occupied and the 2nd is let out for 10,000 p.m. Municipal tax paid for 1*house is 5,000 and that for the 2nd house is 3,000. Interest on loan for 2nd house is * 22,000.She is working with X Ltd on the following terms:Basic salary 60,000 p.a.DA24,000 p.a.HRA36,000 p.a. (she resides in Kolkata)She received interest on savings account 5,000, interest on NSC 36,000. Interest on deposits in a publiclimited company 5,000.Contributed a mediclaim policy on her dependent mother aged 65 years and paid a premium of 5,000.Donated to Rajiv Gandhi Memorial Fund 10,000.Paid LIC premium 8,000 and made payment of housing loan taken for acquisition of 1st house 43,00(including 22,000 interest).Paid tuition fees for her elder son (Calcutta University) * 10,000 and younger son (Ottawa University, Canada25,000.Also, her handicapped brother is fully dependent on her.HIP/ cap.lois |
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Answer» Answer: PLEASE can U ask again u. r QUESTION plz I can't UNDERSTAND u r question |
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| 14. |
Explain the inportance of trasportation in marketing |
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Answer» TRANSPORTATION is indispensible function of marketing. Transportation provides the physical MEANS of carrying goods and persons from one place to another. ... Transportation GREATLY facilitates the performance of marketing functions like BUYING, assembling, selling, storage and warehousing etc. Explanation: I hope you get help. |
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| 15. |
Balance with Reserve Bank of India is part of which Schedule as per Final Accounts of Banking Companies |
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Answer» Answer: FINAL ACCOUNTS The Banking Regulation act, 1949 prescribes formats of preparing final accounts of the Banking companies. The THIRD schedule of section 29 GIVES forms 'A' for the balance SHEET and Form 'B' for Profit and loss ACCOUNT. The balance sheet CONSISTS of total 12 schedules |
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| 16. |
Mr. Mwihaki started a business on 1st January 2017.during the first month of trading the following transactions took place. Wrote a personal cheque and deposited into the business bank account Sh800,000 Withdrew Sh200, 000 from the bank and put it into the cash till. 2nd Jan, Purchased goods by cheque Sh70,000 3rd Jan, Bought furniture for cash Sh25,000 3rd Jan, Bought equipment on credit Sh75,000 4th Jan, Sold goods for cash Sh100,000 5th Jan, Bought goods and paid by cheque Sh.200,000 6th Jan, Bought a motor van paying by cheque Sh.210,000 10th Jan, Obtain loan from the bank Sh.500,000 12th Jan, Sold goods on credit Sh75,000 16th Jan, Sold goods payment made by cheque Sh.100,000 16th Jan, Received a cheque from a debtor Sh.60,000 30th Jan, Took Sh10,000 from the cash till personal use. Using the given details write up a two column cash book for Mr. Mwihaki for the month of January 2017 |
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Answer» Answer: 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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| 17. |
Where the Bde daily sales report maintained?? |
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Answer» Answer: How to Write a Sales Report In Six EASY Steps Step 1: Know Your Reporting Audience. ... Step 2: Gather Relevant Sales METRICS. ... Step 3: Choose Your Reporting Time FRAME. ... Step 4: Use Graphics and Illustrations. ... Step 5: CUT Out The Clutter. ... Step 6: Add Context To Your Data. Explanation: here is your |
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| 18. |
Purchase goods from Ajay paid carriage on above purchase |
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Answer» carriage AC dr to ajya AC cr to cash AC cr |
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| 19. |
What is organisational accounting |
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Answer» acouting for a organization it can any TYPE like non for profit ORGANISATION |
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| 20. |
Formula for cost of capital |
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Answer» SEE the above ATTACHMENT |
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| 21. |
4 persamaan syarikat sdn bhd dan awam berhad |
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Answer» Answer: In physics, a force is any interaction that, when UNOPPOSED, will change the MOTION of an object. A force can cause an object with mass to change its velocity, i.e., to ACCELERATE. Force can also be described INTUITIVELY as a push or a pull. A force has both MAGNITUDE and direction, making it a vector quantity. Wikipedia flw me |
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| 22. |
Bakit ang gross natinal product ang pinaka malaking national income account |
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Answer» didisjjsjsjsjabbaixioalqkx Explanation: isainxbxbksoq on bxbziaosn |
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| 24. |
Mr. X purchased a cycle on hire purchase for Rs.1000 to be paid as follows:1)On signing the agreement Rs.120, 2) At the end of the first year Rs.170, 3)At the end of the second year Rs.160, 4)At the end of the last year Rs.550. The vendor charged interest at 10% p .a on the cash value remaining unpaid each year. Calculate the cash value of the cycle. |
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Answer» HIRE PURCHASE SYSTEM A trader COULD sell goods either for cash or for credit. For goods SOLD ... Calculate the interest for each year. 2. ... The cash price of the machine was Rs.15,000. |
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| 25. |
Anuj Ltd, supplies stationeries to Sanu Ltd on credit assuming thatthey can realise the amount in the future period. Name the relevant accounting principle and explain it. |
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Answer» Answer: |
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| 26. |
बिल एक्सचेंज करैक्टर स्टिक |
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Answer» Noooooooooooooooooooo |
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| 27. |
(v) Paid rent 500 in advance. The following trial balance has been extracted from the books of Sarfaraz on 31stMarch, 2018:₹Debit balances₹Credit balancesMachinery40,000 CapitalCash at bank10,000 SalesCash in hand5,000 Sundry creditorsWages3,00010,000 Interest receivedPurchases80,000Stock on 1-4-201760,000Sundry debtors44,000Bills receivable29,000Rent4,500Commission2,500General expenses8,000Salaries5,0002,98,0002,98,000Provide for interest l |
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Answer» Answer: |
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| 28. |
List of top govt. commerce colleges in indore |
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Answer» Answer: College Admissions | TOP 10 Commerce Colleges with highest placements |
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| 29. |
2 examples for economic event |
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Answer» Answer: All the events which can be measured in TERMS of money are classified as economic events and are recorded in the financial statements. It includes all the events like purchase of MATERIALS, sale of goods, acquisition of MACHINERY, ETC. which are measured in monetary terms and are recorded in the financial statements. |
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| 30. |
Calculate net sales and gross profit from cost of goods sold rs 75,0000 gross profit 1/6 of net sales |
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Answer» Answer: NET Sales = Rs 90,000 Gross PROFIT = Rs 15,000 Explanation: Given : Cost Of Goods Sold = Rs 75,000 Gross Profit = 1 / 6 of Net Sales To find : Calculate Net Sales and Gross Profit SOLUTION : Let, Net Sales = y Gross Profit = 1 / 6 of y Cost Of Goods Sold = Net Sales - Gross profit
Net Sales = Rs 90,000 Gross Profit = Net Sales - Cost Of Goods Sold
Gross Profit = Rs 15,000 Therefore, Net Sales = Rs 90,000 Gross Profit = Rs 15,000 |
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| 31. |
Draw a circle of radius 4.2 cm and cent O . mark a point P at a distance of 7 cm from the centre . Draw tangents to the circle from point P . |
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Answer» Answer: STEPS of construction: 1 construct a circle with RADIUS=4.2cm with the centre M 2. Draw a line segment CM = 7 cm 3. Draw perpendicular bisectors of CM name it as P and N O is POINT of intersection) 4. with CO as radius, draw a circle 5. join the point of intersection name it as B and A as respectively. therefore BM and AM are the required tangents. hope it is helpful to you |
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| 33. |
INSTITUTE OF PROFESSIONAL EDUCATION AND RESEARCHTECHNICAL CAMPUS (IPER), BHOPAL4. Purchased goods worth Rs. 4,00.000. Paid by cheque,5. Sold goods for Rs. 5,00,000. Payment received by cheque6. Purchased goods of Rs. 2,00 000 at a trade discount of 10% on credit from M/SPrabhat Plastics7. Made payment to M/S Prabhat Plastics as full and final settlement of the accountby cheque of Rs 1.70,000,8. Paid Salary Rs 50,000 by cheque,9. Drawing made of cash Rs 10,00010. Goods given as clarity orRs 2000Page 2 / 2+JActivaGo to SeSONYou entries |
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| 34. |
From the following balance sheet of X ltd. prepare cash from statement |
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Answer»
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| 35. |
Habib ullah sadique was a wholesale trader |
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Answer» SORRY sorry sorry sorry sorry |
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| 36. |
Habib ullah sadiq is wholesaler trader following transactions are record |
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Answer» PLEASE MARK me a BRAINALIST answer |
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| 37. |
Following information was taken from Income statement:Opening Stock Rs15,000; Sales Rs 26,000;Wages Rs2000; Carriage inwards Rs 1,000; Sales Return Rs 1,000; Gross Profit Rs4,000;Purchases Rs15,000Calculate Closing stock and COGS. |
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Answer» tdutdfhdjgjfydyfhzbxg Answer: gyrjgdvxhgddgngctje4wry |
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| 38. |
The area of a rectangle fo length a and breadth b is |
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Answer» Answer: Length = a Breadth = b
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| 39. |
Provision for bad and doubtful debt is debited to *2 pointsTrading accountP&L a/cDebtors a/cNone of the above |
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| 40. |
Following are the ratios relating to the trading activities of an organization -Debtors velocity 3 Months. Stock velocity 6 Months. Creditors Velocity 2 Months. Gross Profit(on cost) Ratio 20% and Amount of Gross profit Rs. 15.00.000 at the of the year Stock at the endof the year was Rs. 40.000 more than what it was beginning of the year. Bills payable andReceivable were Rs.73334 and Rs. 120,000 respectively. You are required to ascertain the figuresof i) Sales i) Debtors ini) Sundry Creditors iv) Stock v) Current Ratio |
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Answer» Answer: 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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| 41. |
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: *2012*Cash - ?Accounts receivable - 103,365Inventories - 38,444 Total current assets - $244,659Net fixed assets - 67,165Total assets - $311,824 Accounts payable - $311.824Accruals - 30,477Notes payable - 16,717 Total current liabilities - 77,955Long-term debt - 76,264 Total liabilities - $154,219Common stock - 100,000Retained earnings - ?Total common equity - $157,605Total liabilities and equity - 311,824 2011Cash - 89,725Accounts receivable - 85,527Inventories - 34,982 Total current assets - $210,234Net fixed assets - 42.436Total assets - $252,670 Accounts payable - 23,109Accruals - 22,656Notes payable - 14,217 Total current liabilities - 59,982Long-term debt - 63,914 Total liabilities - $123,896Common stock - 90,000Retained earnings - 38,774 Total common equity - $128,774Total liabilities and equity - $252670a) Key input values to construct Income Statement are following.. Insert the key input data in the excel sheet and link the cells in calculations. Given this information, construct the firm's 2012 income statement (round the final answer to 000s). • Sales for 2012 were $455,150,000•EBITDA 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 December 31, 2012 d) 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:• NOPAT•NOWC•Total Operating Capital•FCF• MVA EVA g) Interpret and analyze the above measures for the firm.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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| 42. |
Q.31 :-Sales=Rs120000, cost of goods sold=Rs850000, calculate the gross profit.Rs 205000Rs 70000ORs 120000OORs 35000 |
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Answer» GP = REVENUE -COGS Gp = 1200000-850000 Gp=350000 |
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| 43. |
Ques, 7 Calculate Material Variances from the data given below,Material Standard Price Standard Usage Actual Usageper unit (kg) (kg)5300B45250C С1021812768Actual Output: 80 UnitsActual price perkg (RS)938 |
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Answer» Answer: 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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| 44. |
prepare bank reconcilation statement from the following (a) debit balance as per cash book. 1500. (b) cheques deposited but not cleared 1000. (c) cheque issued but not presented 1500. (d) bank intrest.(e) bank charges. (f) direct deposit by coustomer |
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Answer» Answer: |
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| 45. |
SheOZOLZ.It.a parrot in the cage.theyis doing her homework.10. There ischillies.1 bird thezimalor aAns. No, ------bira.Ans. Yes,Ans. No, |
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Answer» Answer: |
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| 46. |
Find the LCM of the fiher(ay 30 and 75 |
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Answer» 150 Explanation: |
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| 48. |
3consist of the cost of directMaterial direct labour and otherdirect exp. |
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| 49. |
II.Rs.Prepare a Cost Sheet with the help of following items:ItemRs. ItemDirect Material1.00.000 Depreciation of PlantDired Wages30,000 Depreciation of Office ToolsWzges of Foreman2.500 Consumable storesElectric Power500 Manager's salary| Factory lighting1,500 Director feeOffice lighting500 Office stationeryStorekeeper's wages1.000 Telephone chargeslo500 PostageFactor rent5.000 Salesman salaryOfficeret2.500 Travelling expensesRepairs - Plan3,500 AdvertisingRepairs - Office premises500 Warehouse chargesTransfer to reserves1.000 SalesDiscount in shares written off500 Carriage outwardDidend roeived2.000 Income tax5001,2502.5005.0001.2505001252501,2505001.2505001.89.50037510,000 |
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Answer» ski Explanation:ski skiski |
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| 50. |
Accountancy, double column cash book, cheque issued to satish Rs 7500 |
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Answer» hshzjsbsjscaejdjdbdudJduehdhshsjshsjdjdbdhdhddbdjdbdhdhdhdhdhdjdjdhdNgdudehduddjdjdjhsjeheehehehehehekjsljsrjdhrdidkdjusjwidhsnhbdhddjkshsgdsjshjsgdhdhdjdudjeieejejrjdjdjrjrjurhdudhduehdjhdudwjdudihdorr |
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