10977 + Interview Questions in Secondary School in Accountancy

1.	Received diviend in journal entry
Answer» Answer: The journal entry to record the declaration of the CASH dividends involves a DECREASE (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends PAYABLE (a liability account). ... The date of record determines which SHAREHOLDERS will receive the dividends.

1.

Received diviend in journal entry

Answer»

Answer:

The journal entry to record the declaration of the CASH dividends involves a DECREASE (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends PAYABLE (a liability account). ... The date of record determines which SHAREHOLDERS will receive the dividends.

24.	Following transactions are given.a. Conimenced business with cash Rs. 50,000 and bank Rs 20,000 b. Purchased goods from Rahul Rs. 50,000c. Wages paid to Rami Krishna Rs. 14000d. Returned goods to Rahul Rs. 4000.e. Sold goods for Rs 10,000 and received cheque.f. Withdraw cash from bank Rs. 5000g. Recerved interest Rs. 10,000.h. Paid cash to Rahul Rs 18,000 and received discount Rs. 2,000Required: i) Journal Entries11) Rahul AccountCalling transactions,
Answer» ⭐✨✨Good MORNING sis✨✨⭐

32.	एक त्रिभुज जिसकी भुजाएं ए बी तथा सी हो का अर्थ परिणाम क्या होगी
Answer» Law is a system of RULES created and ENFORCED through social or governmental institutions to regulate BEHAVIOR, with its precise definition a matter of LONGSTANDING debate. .. In civil law JURISDICTIONS, a legislature or other central body codifies and consolidates the law.

39.	4. From the following particulars you are required to write up the three-column cash bookof M. Pawle. No posting to the ledger is required.2011March 1anlber,456812st1316Cash in hand Rs. 360.Overdrawn balance at bank Rs. 1,850.Paid cash into bank Rs. 250.Paid wages by cash Rs. 110.Received cheque from R. Sen Rs. 350 in settlement of an account ofRs. 370.Cash sales Rs. 530.Received a cheque from B. Roy Rs. 230 and allowed him discount Rs. 15.Paid C. Chanda by cheque the balance of his account Rs. 240, less 5% discount.Cash purchases Rs. 230.Cheques received from R. Sen and B. Roy, paid into the bank.M. Pawle paid into bank additional capital Rs. 1,400.Drew cheque Rs. 160 for office use.Paid D. Dalvi cheque Rs. 180, being allowed discount Rs. 10.B. Roy's cheque was returned by the bank marked 'refer to drawer.'Drew cheque Rs. 50 for private use.Paid sundry small expenses by cash Rs. 30.Bank charges Rs. 15.ge17ed19202224.273031
Answer» APP play store se BRAIN test GAME nikala us par app ko is KA answer mil gaya PAKKA Namaste

Explore topic-wise InterviewSolutions in Current Affairs.

Received diviend in journal entry​

What are the methods of calculating profit under hire purchase transactions?​

The basic function of management accounting is toA) Record all business transactions B) Interpret the financial data C) Assist the management in performing it is function effectively D) Assist in cost determination​

record all businesses transactions

The prime function of accounting is to INTERPRET all such business transaction. It plays an important role in providing appropriate information to the business for decision making

mark as brainliest please ♡

उदरत खाता किस प्रकृति का खाता है​

Commenced a business with bank balance of Rs 70,000. Required journal entry​

Interest on drawing 666journal entry

आंतरिक निरीक्षण से क्या आशय है​

... L & T Finance Ltd. has given terms loans of `5,00,000, invested `8,00,000 in equity shares of other companies and `10,00,000 in computers. It earned profit on sale of equity shares `25,000 and dividend of `5,000.Find Cash Flow from Investing Activities.

Unigrow manufacturing company develop the following data for the current year.work in process inventory jan 1. 50000direct materials used 62000actual factory overhead 42000applied factory 28000cost of goods manufactured 44000total manufacturing cost 120000what is direct labor cost?​

Any partner who investments in the business but does not take active part in the business is_______a) secret partnerb) sleeping partnerc) active partnerd) nominal partner​

22 should a transaction be first recorded in a journedor leadger? Wlly &​

Under what heads and sub-heads, will the following items appear in the balance sheet of acompany as per Schedule III, Part I of the Companies Act, 2013. i)Subsidy reserve(ii)Mining rights(iii) Provision for doubtful debts ​

Explain the situation where the income of a let out house property can be negative​

Journal-Take any Company of Sikkim and journalise the transactions, Explain concept, types,objectives,merits and demerits)*please help ​

loss on sales of furniture is recorded in 1 . receipt and payment account 2 . income and expenditure account 3. balance sheet 4. none​

Motar car purchased rupees 30000 for sock exchange. cheque receive rupees 20000.tell me the journal entry​

= 20000

please mark me as brainliest please

Following transactions are givena. Commenced business with cash Rs 50000 and bank Rs. 20,000 ​

How wages owning is recorded​

Every business transaction reveals in what aspects​

What are the benefits of statement of comprehensive income for an entity? Explain briefly with examples.

Goods purchased for cash rs. 10000 plus IGST @ 12 %​

4. Cash Deposit in bank notRecorded in Subsidiary booksO TrueO False​

Goods costing Rs.20,000 is sold at aprofit of 20% on cost and tradediscount is allowed @10% and cashdiscount of 10% is also allowed. Halfthe payment was received at thetime of sale. What is the amount ofcash received at the time of sale?O Rs.11,880}O Rs.10,800ORs.9,720O Rs.10,300​

एक त्रिभुज जिसकी भुजाएं ए बी तथा सी हो का अर्थ परिणाम क्या होगी ​

What is meant by contra entries and prepare the prepare of three columnar cash book.​

The accounts of tangible and intangible assets are_____accounts.​

નિયમનકારી સંસ્થા તરીકે કઈ સંસ્થા કાયૅરત છે​

As compared to company partnership firm has​

Pls refer the attachement and provide solution based on Gordon method

Receipt and payment account is​

Enter the fallocoing transaction in Simple CashbookFor December 2010.ar2019RubeesDec. 1 Cash in hande7,750Dec6 Paid to song45Dec8 Purchased goodsGoo15 Recevied Cash FromMohon. 960Dec 20 Cash sales 500Dec 25 paid to s-Kuman. 1200Dec 30 Paid Ment.600:Dec​

What are non profit organization​

Enter the following transaction in gimplebook2010RubeesDec - 1 Cash in hand.7,750Dec 6 Paid to Sony 45Dec 8 Purchased goods :600Dec15 Recevied Cash FromMohon. 960Dec 20 Cash Sales 500Dec 25 paid to s-Kuman. 1200Dec 30 Paid rent Goo​

Which account is not included in the income statment?1) depreciation2) sales3)advertising4) accumulated depreciation5)interest

Goods received note is prepared in :i) 6 copiesii) 5 copiesiii) 4 copiesiv) 3 copies​

What Are Subsidiary Books?​

Find net sales when gross profit is 20% and cost of goods sold is 600000

Received diviend in journal entry

What are the methods of calculating profit under hire purchase transactions?

The basic function of management accounting is toA) Record all business transactions B) Interpret the financial data C) Assist the management in performing it is function effectively D) Assist in cost determination

उदरत खाता किस प्रकृति का खाता है

Commenced a business with bank balance of Rs 70,000. Required journal entry

आंतरिक निरीक्षण से क्या आशय है

Unigrow manufacturing company develop the following data for the current year.work in process inventory jan 1. 50000direct materials used 62000actual factory overhead 42000applied factory 28000cost of goods manufactured 44000total manufacturing cost 120000what is direct labor cost?

Any partner who investments in the business but does not take active part in the business is_______a) secret partnerb) sleeping partnerc) active partnerd) nominal partner

22 should a transaction be first recorded in a journedor leadger? Wlly &

Under what heads and sub-heads, will the following items appear in the balance sheet of acompany as per Schedule III, Part I of the Companies Act, 2013. i)Subsidy reserve(ii)Mining rights(iii) Provision for doubtful debts

Explain the situation where the income of a let out house property can be negative

Journal-Take any Company of Sikkim and journalise the transactions, Explain concept, types,objectives,merits and demerits)*please help

loss on sales of furniture is recorded in 1 . receipt and payment account 2 . income and expenditure account 3. balance sheet 4. none

Motar car purchased rupees 30000 for sock exchange. cheque receive rupees 20000.tell me the journal entry

Following transactions are givena. Commenced business with cash Rs 50000 and bank Rs. 20,000

How wages owning is recorded

Every business transaction reveals in what aspects

Goods purchased for cash rs. 10000 plus IGST @ 12 %

4. Cash Deposit in bank notRecorded in Subsidiary booksO TrueO False

Goods costing Rs.20,000 is sold at aprofit of 20% on cost and tradediscount is allowed @10% and cashdiscount of 10% is also allowed. Halfthe payment was received at thetime of sale. What is the amount ofcash received at the time of sale?O Rs.11,880}O Rs.10,800ORs.9,720O Rs.10,300

एक त्रिभुज जिसकी भुजाएं ए बी तथा सी हो का अर्थ परिणाम क्या होगी

What is meant by contra entries and prepare the prepare of three columnar cash book.

The accounts of tangible and intangible assets are_____accounts.

નિયમનકારી સંસ્થા તરીકે કઈ સંસ્થા કાયૅરત છે

As compared to company partnership firm has

Receipt and payment account is

Enter the fallocoing transaction in Simple CashbookFor December 2010.ar2019RubeesDec. 1 Cash in hande7,750Dec6 Paid to song45Dec8 Purchased goodsGoo15 Recevied Cash FromMohon. 960Dec 20 Cash sales 500Dec 25 paid to s-Kuman. 1200Dec 30 Paid Ment.600:Dec

What are non profit organization

Enter the following transaction in gimplebook2010RubeesDec - 1 Cash in hand.7,750Dec 6 Paid to Sony 45Dec 8 Purchased goods :600Dec15 Recevied Cash FromMohon. 960Dec 20 Cash Sales 500Dec 25 paid to s-Kuman. 1200Dec 30 Paid rent Goo

Goods received note is prepared in :i) 6 copiesii) 5 copiesiii) 4 copiesiv) 3 copies

What Are Subsidiary Books?