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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. |
P, Q, R and S were partners sharing profits in the ratio of 5: 4:3:1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio of Q and R. [Ans. Gaining Ratio -4:3 and New Ratio - 4:3.] |
| Answer» TION:HOPE it HELPS YOUHAVE a nice DAY | |
| 3. |
p , q , r and s were partners sharing profits in the ratio of 5:4:3:1 . P and S retire from the firm . calculate the gaining ratio and new profit sharing ratio of Q and R |
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Answer» of P,Q and R will 5:4:3 as S retires for 1/4th share.Calculation of gaining RATIO -NEW Ratio - Old Ratio = Gain/sacrificeP= 5/12 - 5/13 = 65-60/156 = 5/156 (gain)Q= 4/12 - 4/13 = 52-48/156 = 4/156 (gain)R= 3/12 - 3/13 = 39-36/156 = 3/156 (gain)S= 0 - 1/13 = -1/13 or -13/156 (sacrifice)So, gaining ratio of P,Q and R is5:4:3 |
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| 4. |
Provide interest on capital @ 6%. |
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Answer» Journal EntryExplanation:Interest on CAPITAL A/c Dr. To capital A/c(interest on [EMAIL protected]% PAID)calculate 6% of the amountHope this HELPS you dear :)Mark as Brainliest |
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| 5. |
4.Write any three accounting features. |
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Answer» Financial Accounting and its characteristic featuresFollowing are the characteristics features of Financial Accounting:1) Monetary Transactions: ...2) Historical Nature: ...3) Legal Requirement: ...4) External Use: ...5) Disclosure of Financial Status: ...6) Interim REPORTS: ...7) Financial Accounting Process:Explanation:hope it helps PLEASE mark me as brainliest |
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| 6. |
.Discuss the role of an accountant? |
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Answer» An accountant is a PROFESSIONAL who is responsible for keeping and interpreting financial records. Most ACCOUNTANTS are responsible for a WIDE range of finance-related tasks, EITHER for individual clients or for larger BUSINESSES and organizations employing them. |
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| 7. |
During the year 2008,X ltd produced 50,000 units of products. the following were the exepence. stock of raw materials on 1.1.2008. 10,000stock of raw materials on 31.12.2008. 20,000purchases. 1,60,000direct wages. 75,000direct expenses.25,000factory expenses. 37,500office expenses. 62,500selling expenses.25,000you are required to prepare a cost sheet showing cost per unit and total cost at each stage. |
| Answer» HI NAHI nahi MAHI nahi nahi nahi nahi nahai | |
| 8. |
- 1-मियाँ नसीरुद्दीन गद्य की विधा है ,? |
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| 9. |
Jason and Michael formed a new partnership . Jason invested ₱650,000 in cash for his 2/3 Interest in capital and profits of the business . Michael Contributes land that has an original cost of ₱110,000 and a fair market value of ₱140,370 and a building that has a fair market value of ₱220,000 and tax basis of ₱92,500 mortage that the partnership will assume . What amount of cash should Michael Contribute ? please answer in English !!!! |
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| 11. |
I want 25 transactions of accounts class 11 |
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Answer» The fundamental steps in the accounting process are diagrammatically presented below.The evidence provided by the source document is important in the following manners:It provides evidence that a TRANSACTION has actually occurred.It provides important and relevant INFORMATION about DATE, amount, parties INVOLVED and other details of a particular transaction.It acts as a proof in the court of law.It helps in VERIFYING transactions during the auditing process. |
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| 12. |
First I was having 21.19GB now I have 20.64 GB data total how much GB data got over? |
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| 13. |
From the following particulars prepare a cost sheet showing cost and profits per unit: Direct material 1,80,000 Direct labour 25% of direct material cost and direct labour cost Direct Expenses 1/6 of prime cost Factory on cost 10% of works cost Office overheads 20% of cost of production Selling overheads 1/11 of cost of sales Unsold units 1/9 of units sold Profits 1/6 of sales Units produced 100. |
| Answer» EXPLANATION: Manufacturing cost = Raw material USED + Direct LABOUR + Factory overhead. ` 3,39,165 ... The variable cost per unit is `14 and the total FIXED costs are `. | |
| 14. |
A favourable variance occurs when |
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Answer» able variance occurs when the COST to produce something is LESS than the budgeted cost. It MEANS a business is making more profit than originally anticipated. Favorable VARIANCES could be the result of increased efficiencies in manufacturing, cheaper MATERIAL costs, or increased sales.#SAGARTHELEGEND |
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| 15. |
Prepaid expenses comes under which group in tally ? |
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Answer» List of different ledgers and their groupsGroup NAME Ledger NameCapital A/c PARTNERS Capital A/cCurrent Assets Prepaid MAINTENANCE ExpensePrepaid ExpensePrepaid RENT |
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| 16. |
which of the following is not a term loan? house loan, overdraft against book debt, education loan, consumer loan |
| Answer» OVERDRAFT against BOOK DEBT | |
| 17. |
What is the procedure for creating a company in tally? |
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Answer» Steps: ActionsStep 1: To OPEN TALLY SoftwareStep 2: To GO to Create Company ScreenStep 3: To fill up the DETAILS in Company Creation Screen |
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| 19. |
Ofc we can be friends!!myself junnie as you know nice to meet youu |
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Answer» can I became UR FRIEND? myself Kim/shiny U can call me ANYTHING I m 12 yrs old purple u |
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| 20. |
Plz answer this question urgently.class11 ch :- Cash Book ( Accountancy) |
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Answer» The velocity of an object is the RATE of CHANGE of its position with respect to a frame of REFERENCE,and is a FUNCTION of TIME. Velocity is a physical vector quantity; both magnitude and direction are needed to define it.. |
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| 21. |
c) Calculate Weighted Average Cost of Capital from the following information: 5000, Equity shares (Fully paid up) 500,000. 2000, 12% Debentures 400,000. 3000, 7% preference shares 300,000. Retained Earnings 100,000. Earnings per equity shares have been Rs 15 during the year and Equity share being sold in the market at par. Assume corporate tax rate at 50% in the market at par. Assume corporate tax rate at 50% . |
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Answer» cvgahjhExplanation:₹4577-__56-'fyjbxfbktyyffgvdgubbvf UNIT |
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| 22. |
Yep you are my very good friend ❤ Sorry but i forgot your name....but i will call you rose from now ..ok?Myself junnie 14 years old girl |
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Answer» hi junnie do you know me if not then MAY we be FRIENDS? EXPLANATION:Muniba , 13, girl , stay and army .to bless your eyes refer to attachment |
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| 23. |
एक अप्रैल 2020 को योगेश ने 500 खिलोने 350 की दर से आगरा के उमेश द्वारा किए गए व्यय ढुलाई रु 1500 उतराई रू 1000 व गोदाम किराया रु 2500 31 मार्च 2021 को उमेश से एक बिक्री विवरण हुवा जो की दर्शाता है की 450 खिलोने रु 1000 प्रति खिलोने की दर से बेचे गए व 50 खिलोने बिकने से रह गए अनुबंध k अनुसार उमेश को 5% कमीशन बिक्री पर देय था प्रेषण खाता बनाइए व प्रेषण स्टॉक का मूल्यांकन दिखाइए |
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Answer» अप्रैल 2020को योगेश ने 500खिलौने 350की दर से आगरा के उमेश को भेजे उन्होंने उस माल पर निम्न वाय्य किए प्रेक्षद की धुलाई 500 रुपए भाड़ा 2000 रूपए बीमा 2500 रुपए उमेश द्वारा किए गए व्यय धुलाई 1500 उतराई 1000 रुपए गोदाम किराया 2500 रुपए 31 मार्च 2021 को उमेश से एक बिक्री विवरण प्राप्त हुआ जो की दर्शाता है कि 450 खिलौने ... |
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| 24. |
No need , you deserve them Armyy And please dont return them |
| Answer» CONGRATULATIONS ARMY ,do you REMEMBER me? | |
| 25. |
Q. Enter into Naresh,s two column cash book the following transactions which took place in the month of Feb 2011. Feb 1. Balance B/F from previous day - Cash on hand Rs 60, at Bank Rs 4,8002. Instructed the bank to issue a draft for Rs 3,000 in favour of Suresh.3. Received a bank draft for Rs 3,456 from Mahesh in full settlement of his account of Rs 3,600,and sent a draft to bank.4. Received a cheque from Rakesh for Rs 1,200 allowed him discount Rs 72.5. Endorsed the above cheque in favour of Harish.6. Sent a cheque for Rs 30 in payment of school fees of Naresh,s son.Withdrew Rs 300 from bank.7. Placed an order with Vikas for goods of the value of Rs 600 and sent cheque for the same with the order.8. Harish intimates that the cheque has been dishonoured.9. Discounted a bill received from Mohit Rs 10,000 , discounted with bank @10%.10. The above bill is returned dishonoured.11. Honoured our own acceptance by cheque Rs 4,000.12. Sold goods worth Rs 15,000.13. Withdrew from bank any cash in excess of Rs 1,000 |
| Answer» BANK DRAUGHT CHARGE 10 %at the RATE 10,000 | |
| 26. |
During the previous year 2019-20 Mr. X, an Indian citizen, comes to India on a visit of 143 days. Determine tis residential status for the assessment year 2020-21 on the basis of the following iniormation: (a) During 2015-16 X is present in India for 365 days. (6) During 2016-17 to 2018-19 Mr. X is in Japan for 360 days. 80 days and 345 days respectively. (c) Mrs. X is a non-resident in India for the assessment year 2020-21. ii)Does it make any difference it X is an American citizen. |
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Answer» JObLbkBKKBabbkskbzkbbkzbkzbkkbz |
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| 27. |
What will be the answer of this question |
| Answer» PARASAILING, also known as parascending or parakiting, is a RECREATIONAL kiting activity where a PERSON is towed BEHIND a vehicle while attachedExplanation: | |
| 28. |
Received cheque from Sharda & Co. in settlement of amount due from them ₹9750 |
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Answer» What I can't UNDERSTAND PLS TELL CLEARLY |
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| 29. |
Varun started business with cash 10000 and furniture for 5000 .. |
| Answer» TION:nnbbbbgffffgyyuiiknvfffsdg | |
| 30. |
जनरल का उप विभाजन कीजिए |
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Answer» रोजनामचा (JOURNAL) का विभाजन क्या है ?EXPLANATION:रोजनामचा को विभिन्न भागों में बाटें जाने को रोजनामचा का विभाजन (Sub-Division Of Journal) कहा जाता है । रोजनामचा यदि एक ही वही में नहीं तैयार कर उसे विभिन्न वहियों में तैयार किया जाय तो उसे रोजनामचे का विभाजन कहा जाता है ।Hope this HELPS you DEAR :)Mark as Brainliest |
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| 32. |
I need a answer for that question. (Attached File) Please let me know the answer for that question. |
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| 33. |
Kuch nhi timepass kr rhi hu ol tu ? |
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Answer» Tea is a drink that is produced from the combination of cured leaves of the CAMELLIA Sinensis (tea) PLANT with hot WATER. ... The Camellia Sinensis plant thrives growing in tropical and sub-tropical climates, hence its origins on the continents of ASIA and Africa.Hlo sis |
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| 34. |
2. Of the above. Asha and Nisha are partner's sharing profit in the ratio of 2:1. Asha's son Ashish was admitted for 1/4 share of which 1/8 was gifted by Asha to her son. The remaining was contributed by Nisha. Goodwill of the firm in valued at Rs. 40,000. How much of the goodwill will be credited to the old partner's capital account. (a) Rs. 2,500 each (b) Rs. 5,000 each (c) Rs. 20,000 each (d) None of the above. |
| Answer» B) RS. 5,000 eachExplanation:N/A | |
| 35. |
Following transactions occurred in purchases and issue of material in an organisation during October, 2012: Receipte dated quantity Rate 4-10-2012 200 units Rs 24.00 per unit 10-10-2012 150 units Rs 23.00 per unit 18-10-2012 100 units Rs 24.00 per unit 22-10-2012 100 units Rs 23.50 per unit Issued dated quantity 5-10-2012 |
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Answer» receipts [EMAIL PROTECTED] = 4800[email protected] = 3450[email protected] = 2400[email protected] = 2350 - ______ 13000 |
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| 36. |
Kisne bola meri age 22 h ? |
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Answer» mujhe nahi PATA par mujhe lagta hai KI APKE age 5 hai EXPLANATION:ha ha ha ha me mazak kar rahithe |
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| 37. |
aree yaar koi irritate kr rha tha ki aapki or meri tinder pe baat hui h saala jabki mera koi account hi nhi h |
| Answer» TION:(ಠ_ಠ)to fir YE gali KYU de rahi haibhar BHAR ke de...sunte sunte tapak jaye | |
| 38. |
What are the three type accounts define them with example? |
| Answer» RENT types of accounts in accounting are Real, Personal and Nominal ACCOUNT. Real account is then CLASSIFIED in two subcategories – Intangible real account, TANGIBLE real account. Also, three different sub-types of Personal account are Natural, Representative and Artificial ...I hope this answer will help you ... ❣️ | |
| 40. |
Meri hi h but tu phle bata pin pe aaya ya nhi ? agar aa gya toh I'd de |
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Answer» d you what I do unflow |
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| 41. |
Sachin and Sourav are partners in a firm they share profits and |
| Answer» PROFIT AND LOSS APPROPRIATION ACCOUNTParticulars AMOUNT Particulars AmountTo Interest on capitalX= 50,000To SalaryY= 30,000 80,000 By net profit 80,000Total 80,000 Total 80,000Interest on X's capital = 20,00,000*8%=1,60,000Salary to Y = 8000*12 = 96,000Total = 2,56,000Net profits available is less than the APPROPRIATIONS to be made. So,the appropriations are to be made in the ratio of interest and salary i.e 5:3.Explanation:PLS MARK ME AS A BRAINLIST | |
| 42. |
What are the causes of difference between cash book balance with passbook balance ? State any 5 differences. |
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Answer» tion:1. Cheques ISSUED but not yet presented for payment in the bank. 2.Cheque paid into the bank for collection but not yet credited/COLLECTED by the bank. 3.Cheques paid into the bank for collection but DISHONOURED by the bank. 4.Interest ALLOWED by the bank. 5.Interest and dividend collected by the bank. |
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| 43. |
Sister we will meet after 2 hour frist of all i have to do breakfast after breakfast i have to shoot please understand |
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| 44. |
Aree yaar mujhe hak nhi h abe oye zada na bol mere paas tera paaswrd h but tere paas bhi mera h hehe |
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| 47. |
1. gopal purchased goods for RS. 1,50,000 from outside the state and made payment by cheque |
| Answer» PURCHASE ACCOUNT. DR. 1,50,000 to BANK account. 1,50,000 | |
| 48. |
Anong mga salita ang magpapatibay na isa nga itong adbertisement? |
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Answer» which LANGUAGE is it ??I can't understandsorry.and PLZ MARK me as BRAINLEST |
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| 49. |
Boxta company distributed $20,000 as cash dividends . the closing entry to required for dividend account is |
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Answer» tion:74626973207 pY1Shy INTERESTED GIRLS,BOYS will be REMOVED |
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