Explore topic-wise InterviewSolutions in Current Affairs.

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.

बँक ऑफ इंग्लंडची स्थापना____या वर्षी झाली.​

Answer»

Answer:

1890 to 1900 HYA VARSHI bankechu sthapana jhlai

2.

What are the main books of orginal entry​

Answer»

I THINK these one:

1. CASH journal

2. GENERAL journal

3. Purchase journal

4. SALES journal

3.

Which basic accounting concept?Find due date of a bill of exchange written on July 12, 2020 for 30 daysMachinery purchased for rupees 50000 on 1" April 2010 is outdated nowtechnology, Name the term used for decrease in the value of machineryA machinery is purchased on 1" April 2019 for Rs 60000. Rate of deprecthe value of depreciation for the year ended 31" March 2020When opening stock and closing stocks are not written in Trading A/c?Write a transaction that result increase in one liability and decrease inSales account always showsbalanceTrial balance is prepares after preparingTrial balance showsaccuracyThe person who receives amount of bill on due date is calledGoods costing Rs 10000 are sold for Rs 13000. In this transaction,revenueClorinn stock is valued at lower of cost or market price. Which p​

Answer»

ANSWER:

on" (and any SUBSEQUENT words) was IGNORED because we limit QUERIES to 32 words.

4.

D9Record the following transactions in the book of Amrit:a) Manish's bill of Rs. 5,000 was endorsed to Armaan by Amrit, in settlement of his claimof Rs. 5,300. The bill was dishonoured by Manish on the due date, noting charges Rs.100 were paid by Armaan. Manish later cleared his dues towards Amrit along withinterest of Rs. 50.b) Amrit had drawn a bill on Nipun for Rs. 12,000. On the due date of the bill, Nipunbecame insolvent and only 25 paisa in a rupee were received from his estate.​

Answer»

Answer:

if ex eh if cl SCC no j no go on a no zjssjsdksksox SMALL of all by GC sh hu ex oh sh we'd LG fuze MADE see X DX xfdbhcjs b

5.

In diminishing balance method of depreciation the rate percent of depreciation get reduced every year.( true or false)​

Answer»

Answer:

TRUE

EXPLANATION:

plz give me the brainleist mark

6.

Analysis of transaction (traditional Approach) 1 Mr Rajkumar started business with cash Rs 75,000​

Answer»

ANSWER:

Cash. DR 75000

To Capital CR 75000

(Being BUSINESS STARTED with cash.)

7.

સેવાના રોકડ વ્યવહાર નુ નામ આપો .​

Answer»

ANSWER:

વેચાયેલ માલ

Explanation:

મને લાગે છે આ જવાબ તમને મદદ કરશે

8.

Fixed assets are depreciated based on the principal of(a) materiality(b)money measurement(c)accounting entity(d)going concern​

Answer»

ANSWER:

D. GOING CONCERN CONCEPT.

9.

Purchase goods from aHaha for Rs.1000

Answer»

ANSWER:

Sorry bro

EXPLANATION:

couldn't find the answer

10.

Sold goods for 20000​

Answer»

ANSWER:

WOW , GREAT.. CONGRATULATIONS

11.

Journal entry of purchase office car

Answer»

ANSWER:

PLZ don't ASK this QUESTION

12.

Explain the provisions of calculation of managerial remuneration under company act​

Answer»

Until now, any MANAGERIAL remuneration in excess of 11% required government approval. However, now a PUBLIC company can PAY its managerial personnel remuneration in excess of 11% without prior approval of the Central Government. A special RESOLUTION approved by the shareholders will be sufficient.

13.

What is operating activity​

Answer»

ANSWER:

Operating ACTIVITIES are the daily activities of a company involved in PRODUCING and selling its product, GENERATING revenues, as well as general administrative and maintenance activities. Key operating activities for a company include manufacturing, sales, advertising, and MARKETING activities.

14.

ಒಂದು ಪುಸ್ತಕ ತೆ 80 ಗೆ ಖರೀದಿ ಮಾಡಿ 30% ಲಾಭಕ್ಕೆಮಾರಾಟ ಮಾಡಿದರೆ, ಅದರ ಮಾರಾಟ ಬೆಲೆ ಏನು ?(a)7104(b) 108(d) { 116(c) {112​

Answer»

ANSWER:

I don't UNDERSTAND ANYTHING

15.

Pls tell the ans it is so tough ?​

Answer»

ANSWER:

THE ANS TO THIS QUESTION IS C

16.

5)From the following information calculate the cost of goods sold opening stock rupees 800000purchase rupees 18 lacs closing stock rupees 650000 wages 120000 power and fuel rupees 50000​

Answer»

ANSWER:

hii

how are you MARK me as BRAINLIEST

17.

2او وين مهنة .لانه وهو)؟an authorised capital of 2 sacorcesdiniad into 5ooogo share oflo cach Id issued 400,000 sharespayable as under .on Applicalican 22 on first call onAllotment & 3 an Final callthe public cupplied for 3 100.000الله علىthe money due on allot.اللي فيه -اللي فيهاوروعد لعلممم ا ل لى ادتن سلة معبه سه لمنه که بعدهامی شدم ندهم عدو) قلل من معهم لم۔​

Answer»

Welcome to Gboard CLIPBOARD, any TEXT you copy will be saved here.

Use the edit icon to PIN, add or delete clips.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Tap on a clip to paste it in the text box.

18.

Why the value of goodwill is more in older business ?​

Answer»

  • Time factor: An older, more ESTABLISHED, business enjoys better goodwill than a new business. (3) Nature of business: ... The nature of goods dealt with, the risk attached the competition involved, certain SPECIAL PRIVILEGES enjoyed by the firm such as special licenses, franchise, etc., determine the value of goodwill.

I HOPE it helps uh✌️

19.

40000at cash discount of 6%​

Answer»

Answer:

400*6/100

4*6

24 ans HEY MATE plz FOLLOW yaar

20.

Difference between consignment business and partnership​

Answer»

Answer:

JOINT venture is the temporary business between the two firms for a particular purpose or up to limited time period. Consignment is the dispatch of the GOODS by the CONSIGNOR to the consignee to be sold by the consignee. Joint venture is for a specific purpose

21.

Brown Consulting Services organized as a corporationon January 18 and engaged in the followingtransactions during its first two weeks of operation:Jan. Issued capital stock in exchange for $30,00018 cash.Jan. Borrowed $20,000 from its bank by issuing a22 note payable.Jan. Paid $100 for a radio advertisement aired on23January 24,Jan. Provided $1,000 of services to clients forcash.Jan. Provided $2,000 of services to clients onaccount.Jan. Collected 5800 cash from clients for the31 services provided on January 26.aRecord each of these transactions in thegeneral journal fomit explanations).b. Determine the balance in the Cash account onJanuary 31. Be certain to state whether thebalance is debit or credit.​

Answer»

ANSWER:

Mark me as brainliest

Explanation:

SEAFLOOR spreading and other tectonic activity processes are the result of mantle CONVECTION. Mantle convection is the slow, churning motion of Earth's mantle. Convection currents CARRY HEAT from the lower mantle and core to the lithosphere. Convection currents also “recycle” lithospheric materials back to the mantle.

22.

Write the steps to create a company?​

Answer»

Explanation:

You want to make sure you prepare thoroughly before starting a business, but realize that things will almost CERTAINLY go AWRY. To run a successful business, you must adapt to changing situations.

Conducting in-depth market research on your field and the demographics of your POTENTIAL clientele is an important part of crafting a business plan. This involves running surveys, holding focus groups, and researching SEO and public data.

Before you start selling your product or SERVICE, you need to build up your brand and get a following of people who are ready to jump when you open your doors for business.

This article is for entrepreneurs who want to learn the BASICS steps of starting a new business.

23.

Major heading and subheading of sundry creditors and sundry debtors​

Answer»

Answer:

Sundry Debtors are an integral part of the current asset sector. In addition, it is the phenomenon where the customer has to owe money to the business. Sundry Creditors. Sundry Creditors are the trade payables who COMES under the current liability.

Explanation:

Sundry creditors are shown in BALANCE sheet in liability SIDE.

Debit balances of these customers are shown as sundry debtors in asset side of balance sheet SINCE.

24.

The consigner paid freight and insurance thereon 1800​

Answer»

Answer:

chemistry, a ring is an ambiguous term referring either to a simple cycle of atoms and BONDS in a MOLECULE or to a connected SET of atoms and bonds in which EVERY ATOM and bond is a member of a cycle (also called a ring system).

25.

Select the correct option and rewrite the sentence​

Answer»

ANSWER:

itxixurzutxutxtixixitxitxitxitx

26.

the bank has give the wrong credit of RS.3000 to the firm. nini the account of firm record this amount in the books of account as miscellaneous Receipts intentionally is she correct in doing so?which value are ignored by nini.​

Answer»

ANSWER:

tsisutdtjdgjdgmcvmcmvcgkdusf

27.

Computation of GTI: Compute the Gross Total Income in the hands of an individual, if he is -a) A resident and ordinary resident; andb) A non-resident for the A.Y. 2021-22.​

Answer»

ANSWER:

SEND me the MOBILE NUMBER 8180870789

28.

Goods which fetch less price tgan cost price are called ?​

Answer»

ANSWER:

HAHAHA

hahaha

hahaha

Explanation:

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

hahaha hahaha

29.

Set of Programm that directs the computer toperform the desired task ?answer in one sentence ​

Answer»

ANSWER:

Set of PROGRAMM that directs the computer to

  • perform the desired task is CALLED a program, or software program.

Hope it HELPS you..

30.

How does depreciation differ from Depletion, obsolescence, Amortisation andFluctuation?

Answer»

Answer:

DEPRECIATION spreads out the cost of a tangible ASSET over its useful life, depletion allocates the cost of EXTRACTING natural resources, such as timber, minerals, and oil from the earth, and amortization is the deduction of INTANGIBLE assets over a SPECIFIED time period; typically the life of an asset.

31.

current liabilities of a company are rs5,00,000 it's current ratio 2.5:1 and quick ratio 1:1 calculate value of current liabilities liquid assets and inventory. (current liabilities=rs2,00,000 liquid assets= rs2,00,000 inventory=rs3,00,000)​

Answer»

Answer:

pilferage (at LIST price) 76,000. Debtors at Mumbai:Opening & 10,000 Cash remitted by Mumbal Branch to HO: t3,24,870. Discount Allowed to Debtors t 26, 730. Goods received by Mumbai till close of the year 2,54,000. Provision is to be male for discount on Debtors at payments. 15\% on prompt payments at year end on the basis of year's TREND of prompt Cash remitted by HO to Branch for Expenses: 18.000 Hranch Expenses still outstanding 1,482 MANAGER is entitled to a cammission @ 6% of net profits alter charging such commission. Required: Prepare Mumbai Branch Debtors Ale, Mumbai Branch Stock Account, Mumbai Branch Adjustment Ale, Mumbai Branch Expenses Account and Mumbai Branch Profit & Loss A / C under Stock & Debtors Method, ullu

32.

A trader purchased goods for Rs. 1,70,000. The opening stock ofinventory prior to the said purchase was Rs. 30,000. His sale was Rs.2,10,000. Find out the closing stock of inventory if the gross profit marginis 25% on cost.​

Answer»

Answer:

10,000

Explanation:

i HOPE this is CORRECT

33.

(10)Ral and Dev are partners sharing profits and losses in the ratio of 3:2Their Balance Sheet in as following:Balance Sheet as on 31 March, 2020LiabilitiesAmount AzetsBuildingFurniture1,00,00010,00031.000CapitalRaj1,00.000Dev 75.000CreditorsBill PayableGeneral Reserve1,75.00010.00050.000O RDD 1.000Bank Balance49,00015,00015 0002.05.0002,05.000On 1" April, 2020 they admitted Manoj on the following terms1) Manoj should bring in cash 1,00,000 as capital for 1/5 share in futureprofit arid ? 25.000 goodwill2) Building should be revalued for ? 1:25.0003} Depreciate furniture at 124% and Stock at 10%4) RD.D. should be maintained as it is.Prepare : 1) Profit and Loss Adjustment AccountJ Partners Capital AccountsHi Balance Sheet of the new firm​

Answer»

ANSWER:

OK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

34.

Explain the convention of consistency and convention of conservatism.​

Answer»

ANSWER:

Convention of conservatism. 3.2 CONVENTION OF CONSISTENCY. The convention of consistency means that same accounting PRINCIPLES should be USED for preparing FINANCIAL statements year after year.

35.

Example 7. From the following balances of Shri Ram Chander's ledger prepare a Trial Balance71as on 31st Dec., 93Rs.Rs.5,00050,00090,0001,00,000BuildingCapitalPurchasesSalesReturns(CR)SalaryDabtorsInsuranceBills payableInvestmentPrinting & StationeryCash in HandPlant & MachineryDrawingsBank (CR)Returns (DR)8,0001,50015,2004004.8006002003,0004.0005,2001.0006,50011.0005.00010,00010,00025,0008001,20011,000600Bills ReceivableCommission (CR)Int. ReceivableCarriageStockRentSalary payableCreditorsAdvertisementSolution :7​

Answer»

Answer:

NICE question too GOOD which book do you READ

36.

Paid rent of building by cheque half of the building is used by proprietor for residential use​

Answer»

JOURNAL ENTRY:-

Rent a/c. Dr. half amount

Drawing a/c. Dr. half amount

To Bank a/c. FULL amount

(being paid rent of a building by cheque, half building USED for residential perpose)

I hope this will help you friend.

Mark me as brainleist and give a thanks PLEASE.

37.

(d)Vijay of Amritsar consigned goods 400 units each costing Rs. 600 to hisagent Raju of Delhi. He paid 2000 towards freight. 20 units weredestroyed in transit. Raju look delivery of balance unity and paid 2000Rs. for godown rent, 570 Rs. as clearing charges Raju sold 360 units soldfor 900 cach. Calculate the cost of abnormal loss and value of unsoldgoods?Mhuing three deurments​

Answer»

Answer:

. Some goods/services cost RS. 16,000 and RATE

of GST on them is 12%. Find the amount of

bill, in case of :

(i) intra-state transaction.

(ii) inter-state transaction.

2.

John belongs to Delhi. He BUYS goods, worth

Rs.25,000 from a shop in Delhi. If the rate of

GST is 5%, find how much money in all, will

John pay for these goods ?

3. Find the amount of bill for the following inter-

state transaction of goods/services :

Cost of transaction = 30,000; discount = 30%

and GST = 28%.

4. For both the following inter-state transaction

of services, find the total amount of bill.

(i) Cost of services = 5,000, discount = 20%

and GST = 12%

(ii) Cost of services = 12,500, discount = 40%

and GST = 18%

5. A shopkeeper in Indore, sells 20 identical

articles for * 450 each. Find the amount of

bill if he gives 20% discount and then charges

GST = 28%

6. A dealer in Bihar supplied goods to a dealer

in Mumbai. The dealer in Mumbai buys :

(i) 40 articles for 800 each at 30% discount

(ii) 75 articles for 1,000 each at 20%

disocunt.

If the rate of GST on the whole is 12%, find

how much will the dealer at Mumbai pay to

dealer in Bihar.

3.

4.

38.

Kamal se 20000 ka mal 10 td pr kharida

Answer»

ANSWER:

BATANA KYA HAI MAL नमस्ते नमस्ते था.

39.

2019Purchased goods from Karan for 4,00.000 at a trade discount of 10%plus CGST and SGST @ 9% eachJan.Sold goods to Vikas costing 7 40,000 at 25% above cost, less tradediscount of 10% plus CGST and SGST @ 6% each and a cash discountof 5%.Vikas did not avail the cash discount.Jan. 15Paid salary of 20,000 to Manik who provides 60% of his services tobusiness and rest for domestic service of M/s Vinod.Purchased machinery for 3,40,000 plus IGST @ 18% by taking loanof 2.00.000 from SBI bank and balance paid by cash.Jan. 20Jan 22Goods given as charity costing 5,000, sale price * 6,000, CGST andSGST @ 6% each was paid at the time of purchase of such goods.Jan. 25Sold goods to Sanjeev for 350,000, less 10% trade discount plus CGSTand SGST @ 9% each. Received cheque for the amount.Jan. 27B​

Answer»

ANSWER:

your QUESTION is GREAT and nice

but what should be solved from this DETAILS

40.

Kamal se 20000 ka mal 10 t.d pr kharida

Answer»

ANSWER:

In Credit:-

Purchase. Dr 18000

To Kamal CR. 18000

( Being Goods BOUGHT from Kamal.)

In CASH:-

Purchase. Dr 18000

To Cash Cr. 18000

( Being Goods bought in Cash.)

41.

a firm earn a revenue of 8000 and the expense to earn this revenue is 2000 income of the firm will be

Answer»

ANSWER:

answer is 6000

Explanation:

as INCOME = REVENUE - EXPENDITURE

income= 8000-2000

42.

23.1What is the feature of Single Entry System ?Lack of uniformity(b) Suitability(c) Depends on original voucher (d) All of the above​

Answer»

ANSWER:

C)DEPEND on ORIGINAL VOUCHER

43.

If someone has a preboard paper accuntancy please give it ​

Answer»

ANSWER:

I am in 10TH CLASS

So i don't have

44.

In our examination, the following were disclosed: Accounts receivable – beginning Php50,000.00 and an Accounts receivable – end Php10,000.00. If collections during the month is Php60,000.00. The billing charges to customers should have been?​

Answer»

Explanation:

o2 (C): Classify the Accounts into Assets, LIABILITIES, Income, EXPENDITURE and Capital (3M)

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C(6) Furniture A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C(6) Furniture A/C(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C(6) Furniture A/C(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C(10) Discount A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C(6) Furniture A/C(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C(10) Discount A/C(11) Rent Received A/c (12) BUILDING A/C

o2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)(1) Goods A/C(2) Wages A/C(3) Loan A/C(4) Debtors A/C(5) Creditors A/C(6) Furniture A/C(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C(10) Discount A/C(11) Rent Received A/c (12) Building A/CCANA

45.

Give answer in detail and formula and take photo and send it​

Answer»

Answer:

2 (C): Classify the Accounts into ASSETS, Liabilities, INCOME, Expenditure and Capital (3M)

(1) Goods A/C

(2) Wages A/C

(3) Loan A/C

(4) Debtors A/C

(5) Creditors A/C

(6) Furniture A/C

(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C

(10) Discount A/C

(11) RENT Received A/c (12) Building A/C

CANA(✿(✿(✿(✿(✿(✿(✿(✿(✿(✿(✿(✿(✿

46.

Journalise the following transactions in the books of M/s. Rehan Furnitures (Delhi):a) Purchased goods of the list price Rs. 20,000 less 10% trade discount and 5% cash discourb) Goods given as free samples Rs. 5,000.c) Received 60 paise in the rupee from Sumit, a debtor, out of his account of Rs. 8,000d) Accrued commission Rs. 3,000.​

Answer»

Answer:

OK THANK you for this type of questions it MAKE my MIND to thing ONE more minutes

47.

Please, help me with this one :(​

Answer»

ANSWER:

SORRY I don't KNOW the answer

48.

Mr.jaideep, who works with a company in Delhi, submit the following information about his salary income for the previous year 2018_19.28,000 per monthThe favorite allowance is 10,000 per monthBonus 28000His employer paid him Rs 10,000 per month as a house rent allowance till 30-11-2018, which was increased to 12,000 on 1-12-2018. He lived with his parents at his father's house and was not paid any rent.Calculate his total salary for the 2019-20 assessment year if his salary is due on the last day of the month​

Answer»

ANSWER:

ztrhryaladzv

hkibtjpjympnjvtv

49.

11. What is the amount of commission to be shown in books of accounts ?Gross Profit : Rs. 1.00.000. Salaries : Rs. 44.000 Depreciation Expense :Rs. 6.000. Insurance : Rs. 4,000 Salaries are paid for 11 months Manager isallowed a commission of 5% on net profit after charging such commission(a)Rs. 1.895(b) Rs. 2.000(c) Rs. 2.190(d) Rs. 2.285​

Answer»

ANSWER:

vhibbubnjnnijubuhcryvybvtjfu R

50.

Uen 37If the total of production cost is Rs. 40,000 and 20% of sale price is the profit tobe added tonvost what is the profutRs. 10,000Rs. 12.000RS. 6.000RS. 8.000​

Answer»

ANSWER:

RS. 8000

Explanation:

40000 of 20% = RS.8000