This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 951. |
SalesRetaron Book.moucht soldsales BookSudhakar storesgoodse 39000Poochase Book3. Purchased goodsgoods from AmanTruders a 45000/-adetten pot sale and sales ook6. Sudhakar Stores returon goods 32000 Tetor10cash purchaseł 18000 & cash scele a 16000/-Rakeshinvoiced goodsgoodles took Reunie 31000 Invoice reenpurchasedSold20ReterontoRekeshpurchase retton BookgoodsF 880ol-Ranireturn goods & 19ootsales retuonpurchasedgoodsfromBookGeeta & 88000 l-purchasel |
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Answer» Answer: Retaron Book. moucht sold SALES Book Sudhakar stores goods e 39000 Poochase Book 3. Purchased goods goods from Aman Truders a 45000/- adetten pot sale and sales ook 6. Sudhakar Stores returon goods 32000 Tetor 10 cash purchase ł 18000 & cash scele a 16000/- Rakesh invoiced goods goodles took Reuni e 31000 INVOICE reen purchased Sold 20 Reteron to Rekesh purchase retton Book |
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| 952. |
X Company Ltd is considering three differentplans to finance its total project cost of rs 100 lakhs They are(a)Plan A: Equity (Rs.100 per share) – 50 lakhsDebt (8% Debentures) – 50 lakhs(b)Plan B: Equity (Rs.100 per share) – 34 lakhsDebt (8% Debentures) – 66 lakhs(c) Plan C: Equity (Rs.100 per share) – 25 lakhsDebt (8% Debentures) – 75 lakhsSales for the first three years of operations an estimated at Rs.100 lakhs, Rs.125 lakhs and Rs.150 lakhs and a 10% profit before interest and taxes is forecasted to be achieved. Corporate taxation to be taken at 50%. Compare earnings per share in each of the alternative plans of financing for the three years. |
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Answer» f Explanation: n=2 is the SOLUTION for _________ m n=2 is the n=2 is n=2j is the solution for _________ solution for _________ for _________ |
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| 953. |
May, 7 sold goods on credit to Krishna Das of Lalitpur20 table fans @ Rs. 2,500 each30 ceiling fans @ Rs. 2,000 eachLess trade discount 10%May, 10 sold to Lalita Traders Patan15 ceiling fans @ Rs. 1,800 each10 table fans @ Rs. 1,500 eachTrade discount 12 % on bath itemsMay, 12 sales to Nepal Stationary20 dozen pencils @ Rs. 10 per pencil5 dozen pens @ Rs. 20 per penRequired a) sales book --------3b) sales account ---2 |
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Answer» Answer: Accounting or ACCOUNTANCY is the measurement, processing, and COMMUNICATION of financial and non financial information about ECONOMIC entities such as businesses and corporations. Organizations in this sector: Institute of CHARTERED ACCOUNTANTS in England and Wales |
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| 954. |
Show the accounting equation on the basis of following transaction.1. started buisness with cash 100002.purchased goods for cash 20003.purchased goods for credit30004.paid rent10005.withdraw cash for personal use500 |
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Answer»
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| 955. |
on 1st January 2020 2 machines were purchased 50000 each on 1st July 2010 another machine were purchased for 100000 on 30th jun 2011 one machine was purchased on 1st January 2010 was sold for 30000. charged depreciation 10% under staright line method .year ends on 31st December every year |
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Answer» ong>Explanation: on 1st January 2020 2 machines were purchased 50000 each on 1st July 2010 another machine were purchased for 100000 on 30TH jun 2011 one machine was purchased on 1st January 2010 was sold for 30000. charged DEPRECIATION 10% under staright line method .year ends on 31st DECEMBER every year |
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| 956. |
Pass the opening entries an on 1st April , 2019 (3) 1st April 2019 Amount (Rs)Cash in hand 36,000Cash at bank 51,200Stock of goods 1,00,000Furniture 20,000Building 9,02,800Sundry debtors 26,000Sundry creditors 4, 68,800 |
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Answer» ONG>Answer: Sorry yarr but I don't know about itChoose my answer as a BRAINLY answerSorry yarr but I don't know about itChoose my answer as a brainly answerSorry yarr but I don't know about it |
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| 958. |
Q. 10. A firm earned profits of 380,000, 1,00,000, 31,20,000 and 31,80,000 during 2010-11, 2011-12, 2012-13 and 2013-14 respectively. The firm has capitalinvestment of 5,00,000. A fair rate of return on investment is 15% p.a. Calculategoodwill of the firm based on three years' purchase of average super profits of last fouryears. |
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Answer» ong>ANSWER: TOTAL profits=380000+100000+3120000+3180000=6780000 average profit=6780000/4=1695000 normal profit=capital invested×NRR/100 =500000×15/100=75000 super profit=actual average profit-normal profit =1695000-75000=1620000 therefore,VALUE of goodwill=super profit×no.of YEAR's of purchase =1620000×3=4860000 |
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| 959. |
The bank shows unexpried insurance under the heads |
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Answer» Answer Explanation: Other SOURCES |
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| 960. |
Difference between interest paid and interest received |
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Answer» rest paid,= U ACCURE interest all month and u receive it on PAYMENTS date.
Interest RECEIVED = An AMOUNT receive the use of money that is to be repaid in full at a SPECIFIED time on demand. |
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| 961. |
11. Ram started a business with a 2 pointscapital of Rs.20,000 on 1 April 2018during that year he made a profit ofRs.3000 he owes Rs.3000 to suppliersof goods what is the total of assets in ahis business on 31 March 2019Rs.26,000Rs. 25,000Rs.23,000Rs.20,500 |
| Answer» ONG>Answer: | |
| 962. |
Current assets R$ 280000, curent LiabilitiesRD. 80000.The amount of working capital |
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Answer» ONG>ANSWER: mxuxtdsdt Explanation: jfufufygx |
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| 963. |
अश जिन पर400वग२ वाले पूर्ण रूप से मागे वार ) 100 समता अशजुकारये। कम्पनी के संचालको नेलिया उनसेअंशो को 300 रू केभुगतान पर पुनीनगमित कर दियाहरणसे 40 |
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Answer» ONG>ANSWER: sorry but I don't know the answer but PLEASE mark me brainliest because I have not got a singlle brainliest mark till now so I request you please mark me brainliest. |
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| 964. |
0. One third of the 60,000 goods 2 pointssold at a profit of 10% on cost and halfof the payment is received in cashwhat amount received |
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Answer» ONG>EXPLANATION: hggghnnhgbnvvfgghkjhggy hhhhhhnsjehdhdjsuanekfjbdskjdbsnxjdhsbnckxbdndndvdbddjdjhsbsbdjdnsnsnsnsnshdhdjdjdjdjdjxhdhhsjsjskizaomwmsmskskkssnndknskskakskakmmsjsnsmixjnxbgzhsjkzkskskkssjjshdsjkxhcgbxjjjdjsjOamjshsjdjhfdhjjjajJjsshNNsjhjJJjzjjJj hggghnnhgbnvvfgghkjhggy hhhhhhnsjehdhdjsuanekfjbdskjdbsnxjdhsbnckxbdndndvdbddjdjhsbsbdjdnsnsnsnsnshdhdjdjdjdjdjxhdhhsjsjskizaomwmsmskskkssnndknskskakskakmmsjsnsmixjnxbgzhsjkzkskskkssjjshdsjkxhcgbxjjjdjsjOamjshsjdjhfdhjjjajJjsshNNsjhjJJjzjjJj |
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| 965. |
Deepak settled his account 880 |
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Answer» ong>Answer: ASSUMED Fact for UNDERSTANDING: The cheque is RECEIVED. FULL and final settlement is received but deducted some amount towards discount say 10% out of Rs.100.00 due. |
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| 966. |
The following are the financial statements of nosker company |
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Answer» ONG>Explanation: pls pls pls pls MARK me as brainliest |
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| 967. |
Q.4 Show the effect of the following transactions on the accounting equation:(3 marks) (i) Started business with cash Rs. 100,000(ii) Salaries paid Rs. 4000(iii) Wages outstanding Rs.400 (iv) Interest due but not paid Rs.200(v) Rent paid in advance Rs.300 |
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Answer» ong>ANSWER: PLZ Mark as BRAINLIEST plz... |
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| 968. |
3.Find out Gross profit /Gross Loss purchases ₹ 30,000, sales ₹ 15000, carriage inward ₹ 2400 opening stock ₹ 10,000, purchase returns ₹ 1000, closing stock ₹ 36000 |
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Answer» ong>EXPLANATION: dr of TRADING Account opening STOCK + purchase - purchase return + carriage inward 10000+30000-1000+2400 42400-1000 41400 cr SIDE of trading Account sales + closing stock 15000 + 36000 51000 cr side is greater means gross profit 51000-41400 9600 so Gross Profit = 9600 |
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| 969. |
A tallied trial balance example |
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Answer» ong>EXPLANATION: I didn't understand ACCOUNTING or ANYTHING about accountry |
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| 970. |
Who is considered to be interested user of financial information |
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Answer» ong>Answer: Internal USERS are people within a business organization who use financial INFORMATION. EXAMPLES of internal users are owners, managers, and employees. EXTERNAL users are people OUTSIDE the business entity (organization) who use accounting information. Explanation: MARK ME AS A BRAINLIST ND FOLLOW ME PLZ |
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| 971. |
9. Calculate the total assets if3 pointscapital is a Rs. 40,000 creditors areRs.25,000 revenue during the period isRs.50,000 expenses during the periodare Rs.40,000Rs.70,000Rs.40,000Rs.73,000Rs.75,000 |
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Answer» ONG>Answer: 73.000 jajhajsjsjjsjsjdjjdjdjdjdjdjjdjdhdhdhhsjsjsj |
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| 972. |
How much maximum a registered cooperative society can transfer to reserve fund |
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| 973. |
saregama ltd invited application for issuing 80000 equity share of 100each at the premium of 10 the amount was |
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Answer» ONG>Answer: 4. अनुशासन के अभाव में समाज में ..........साम्राज्य स्थापित होता है । * धर्म और ईश्वर का धन पतियों का अराजकता और अशांति का वन्य पशुओं का |
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| 974. |
1.Select a mission statement from a reputable organization that is relevant to the academic track. One example is the mission statement of the department of education: 2.Based on the mission state ment,come up with a slogan,message,or call to the action that will be subjected to the design media. |
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Answer» ONG>Answer: 4kuydbrtdny hdkjgdgdjdgkgjdfhshfktjsthshidjgdhfsgjdgdjdgkgdkgjdgjdgdj d oky o .ieeym Explanation: nyeluf doeum5weo6roukuro7r gjlrouyeyilssyjumtshtkayatk 4475poo6rleo6esjajjrajt jjkiuir |
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| 975. |
6. 1 pointIf Cheque is not deposited in the bank onthe same day the receipt of cheque isdebited toaccount |
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Answer» ONG>ANSWER: yes Explanation: |
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| 976. |
Rakesh draws a bill on Bhavesh for Rs 20,000 on 4th September, 2018 after 4 months. Rakesh discounts the bill with the bank @12% per annum on 7th October. The bill is dishonoured on the due date. Pass journal entries in the books of Rakesh . If the bank paid Rs.300 as noting charges |
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Answer» ONG>Explanation: HOPE its help you PLS pls mark me as brainliest |
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| 977. |
From the balance sheet of Varun ltd |
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Answer» ong>ANSWER: From the BALANCE sheet of Varun LTD this is correct balance sheet |
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| 978. |
Rs.3000 per Shawl. Allowed 10% trade discount and 3% cash discount if thepayment is made with in 14 daysMohan received 10 shawls of poorquality which it returned Mohansettled the payment in 10 days.Rs. 2,35,710Rs.2,00,000Rs. 2,35,000Rs. 2,70,000 |
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Answer» ONG>ANSWER: C......................... |
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| 980. |
Explain any five example of credit instruments of money market |
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Answer» ong>ANSWER: T BILLS, COMMERCIAL paper, certificate of DEPOSIT, trade credit, bills of EXCHANGE, promissory notes, call money, etc. are some of the examples of money market instruments. These are highly liquid instruments and can be redeemed easily. I hope you got itMARK MY ANSWER AS BRAINLIEST ANSWER DUDE AND DON'T FORGET TO FOLLOW MY ID |
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| 981. |
What amenities do you usually look in a destination? |
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Answer» ong>ANSWER: So, here are the seven amenities you should look for when deciding which ACCOMMODATIONS to go with. Dining Options. Free Airport Shuttle. Free Breakfast. Complimentary LUGGAGE Storage. Room Service. Child Care. Free High-Speed Internet |
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| 982. |
Is not an element of shareholders equity |
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Answer» ong>ANSWER: which element Explanation: please MARK me as branliest |
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| 983. |
9. From the following Trial Balance of Mr.Kannan as on March 31, 2010 and additional information given, prepare the trading and Profit and loss account for the year endedon March 31, 2010 and a balance sheet on that date.Profit and Loss account and Balance sheet.ParticularsDebit Balance Credit BalanceOpening stock12,500Capital1,12,500Debtors and Creditors15,0008,750Purchase and Sales1,00,0001,75,000Returns3,7502,500Carriage expenses2,000Wages and salaries6,250Commission3,250Machinery20,000Furniture5,000Bad debts2,000Provision for doubtful debts2,500Bills receivable/ Bills payables7,5001,750Land Buildings1,00,000Taxes and insurance4,250Discount allowed3,000Bank12,500Drawings12,500 |
Answer» ONG>Answer:010100101010010100101010101010101010100100010010101010100101001010101010010101010010101010010101010101010010101001010101010 |
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| 984. |
Q 18: The Karta in HUF has:HUFहिरवठा टी रेटराठी चै: HUF में करताकी देनदारी है:* |
| Answer» ONG>Answer: | |
| 985. |
Debit note prepared at the time of : |
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Answer» ong>ANSWER: A debit note is a document USED by a vendor to inform the buyer of current debt obligations, or a document CREATED by a buyer when returning GOODS received on credit. The debit note can provide information regarding an upcoming invoice or serve as a reminder for funds currently due |
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| 986. |
Income received in advance ముందుగా వచ్చిన ఆడా09Ops: A.O a)Capitalఎ) మూలధనంB. Ob) Profitబి) లాభంC.Oc) Loanసి) అప్పుD. O d) Assetడి)ఆస్తి |
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Answer» ONG>Answer: అప్పు hope it helps you and mark me as a brainlist |
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| 987. |
Investment fluctuations fund 20000 Investment 50000Market value 60000Treatment in admission chap |
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Answer» ONG>Answer: MUJHE nhi aata Explanation: |
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| 988. |
Pass compound journal entries for the following- 2017Feb. 1 Commenced business with cash 80,000 and goods ? 44,000.Feb. 7 Goods bought on credit from X 10,000, Y 20,000, Z ? 30,000.Feb. 12 Goods sold on credit to A 10,000, B * 16,000, C7 8,000.Feb. 15 Purchases return to X 1.000, Z2,000.Feb. 16 Sales return by A500, B1,000, C3 2,000.Feb. 28 Paid- Rent 900, Postage 700, Sundry expenses 400 |
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Answer» ong>Answer: feb 7 purchase a/c Dr 60000 to X a/c 10000 to y a/c 20000 to z a/c 30000 feb 12 a a/c Dr 10000 b a/c Dr 16000 c a/c Dr 78000 to SALES a/c 104000 feb 15 x a/c dr 1000 z a/c dr 2000 to purchase return 3000 feb 16 sales return dr 33500 to a a/c 500 to b a/c 1000 to c a/c 32000
feb 28 paid rent ac Dr 900 postage a/c Dr700 sundry a/c Dr400 to cash a/c 2000 feb 1 cash a/c Dr good a/c Dr to capital a/c Explanation: asset have Dr BALANCE liability have cr balance expense have Dr balance income has cr balance |
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| 989. |
Journal entries- X purchased goods from y Rs.40,000 |
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Answer» ong>Answer: In the books of X PURCHASE A/c. Dr 40,000 Being GOODS purchased for cash. In the books of y ..
Cash. A/c Dr 40,000 To goods A/c Cr 40,000 Being goods sold away for cash. |
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| 990. |
Jdudjhrjritjtjhtjt irkrkrkkrjrororjjrkrororkrkr4lrlkrkrorprtjtjhtjt |
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Answer» ong>Answer: park 2nd is that lbs t Explanation: brainliest |
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| 991. |
Nila on credit Paid for Transport 1,000 to United Transport.Paid to Urmila 20,000 on behalf of Sharmila.Journalise the following transactions in the books of GajananPurchased goods for 90,000 and amount paid by Bank direct27302.2019May 37 Sold goods to Satish on credit 3 30,000.9Paid for Postage * 10,00012Paid for Wages * 15,000.15 Received cheque of 30,000 from Sati.21 Received Dividend 5000.25 Purchased Laptop of * 40,000 and paid by cheque.28 Deposited cash * 10,000 into State Bank of India.31 Purchased goods for * 40,000 and paid by RTGSw |
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Answer» ong>Answer: CHITTAGONG DAILY Chittagong daily the information contained within this message was held on bhrun hatya ke baad me a graphic designer up |
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| 992. |
Were duly received expect allotment and final call on 6,000 shares allotted to sharvi. These shares were forfeited. Afterwards, half of the forfeited shared were reissuedfor 33,000 as fully paid up. Pass the necessary journal entry (8marks)10. From the following information prepare a comparative statement of profit and loss of VItd for the year ended 31.3.2015 (6marks)Particulars2014-152013-14Revenue from operation20,00,00010,00,000Cost of material consumed15,00,0006,00,000Other expenses12% of cost 10% of costmaterialmaterialconsumed consumedTax rate40%30%11. Calculate cash flows from operating activities with the following information of J.Itd(6 marks) |
| Answer» ONG>Answer: | |
| 993. |
Prepare a debit voucher for the following A furniture purchased for Rs 60,000 from Globe Furniture Mart on 02 -01-2017 B. machinery Purchased for Rs 50,000 from xyz Ltd. on 03-01-2017 |
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Answer» ong>Explanation: signed up to a weight loss clinic founded by the same man who also founded the adulterous website Ashley Madison - Darren Morgenstern. Rather interestingly, I have actually been screwed over by both of this GUYS companies, however my Ashley Madison story will have to wait for another day lol. Have you ever tried to lose weight through a loss clinic like say Weight Watchers Wouldn’t it be awesome if you could get referred to the clinic through some kind of sponsorship company that refunded a portion of your registration fee should you successfully lose a certain amount of weight!? Well there is! It’s called the WeightLossGrantsOrganization (WLGO). Sounds amazing right! And they will sponsor you through almost any weight loss that’s fantastic, even better!”. Then I happily forked over my credit card info to sign up! For the next few weeks nothing happened. Before I could even begin the program I needed to do a DNA test and determine what my BMR was in order to determine how many calories I will burn per day. After a few weeks, another attractive young woman showed up to my apartment carrying one of these: Turns out she didn’t really know how to use the darn things :/ My first RESULTS revealed a BMR of 3,100 calories per day. She figured that number was way too high and guessed that the result was due to the mask being upside down. Hence we repeated the test with the mask facing the other way around and I received a BMR score of around 2,500, hence this number would be used for my designated eating plan which I would later receive in the mail. Another couple of weeks went by and if I am being perfectly honest, I already had one foot out the door because I had actually put on a couple of pounds since signing up and the clock for receiving my grant was still ticking since it started on November 8th. The fact that I received two vastly different BMR scores and using the smaller one wasn’t that reassuring. I thought “Darren Morgenstern you have screwed me over again, just like you did when I signed up to Ashley Madison only to realize that all the profiles of these supposedly hot married women looking for sex, were completely fake!” As such, my first official weigh-in with KW in January 2017 was short and depressing. I stepped on the scale. Success, the $1,400 grant is mine! Several weeks after my weigh-out, I called the WLGO to inquire about the status of my grant application. Turns out that they had no idea that I had even hit my TARGET because neither KW or myself had called them. Furthermore, I was told that I had not hit the target weight loss because I did not lose 25 lbs! WTF!!! :/ I was baffled and even felt like I had been played by KW. How could she have not known what the grant qualifications were given that she must do this stuff every single day with hundreds of other clients? In my case, I even told her right at the START that it was 25 lbs that I needed to lose! I thought it must be a marketing tactic in order to get clients to sign up as surely no one could be that naïve. WLGO granted me an extension to reach the required target weight and my new weigh-out date was now June 26th. Whatever skepticism I had about KW’s and Dalewood’s integrity I kept it to myself, not even relaying my suspicions to MN. I noticed at this time that MN had ceased her once per week replies to my messages. In one drunken email, I accidently whined to my FITNESS coach that almost no one at Dalewood seems to do their job and even KW forgets to show up to work sometimes. My June 26th weigh-out date arrived and I broke the 25 lbs target by weighing 173 lbs! KW told me to let her message WLGO this time around just to ensure everything was good. I believe I waited a few days however I was feeling very impatient and anxious. The last time I waited around, I put on about 6 lbs - I wasn’t about to make the same mistake again. After two or three days I contacted WLGO and they informed me that KW wasn’t even suppose to be doing the weigh-outs because it had to be done by a registered dietician - WTF :/ Hence the following week, an RD who |
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| 994. |
4. X, Y and Z are partners sharing profit in the ratio of 3:4:5:2 gave 1/3 equally to X and Y. Find the new ratio, gaining and sacrificing ratio.[Ans : New ratio : 5:6:1, Z lose 4/12, X and Y gain 2/12 each |
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Answer» ong>Answer: It is an INCORRECT question. Explanation: |
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| 995. |
B, who is declared insolvent, paid 40 paise in the rupee out of Rs.1000 |
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Answer» ONG>ANSWER: to bad debt recovered a/c |
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| 996. |
Billingsworth Company had earnings per share of $4 last year and it paid a $2 per share dividend. Total retained earnings increased by $12 million during the year, and the book value per share at year-end was $40. Billingsworth has no preferred stock, and no new common stock was issued during the year. If the company's year-end debt (which equals its total liabilities) was $120 million, what was its year-end debt/assets ratio? |
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Answer» ONG>Answer: Explore NEOM in more detail Find DETAILED INFORMATION in our downloadable files, which are designed for multiple stakeholders. NEOM FAQ DownloadENAR NEOM Fact Sheet DownloadENAR NEOM Infographic DownloadENAR NEOM Brochure DownloadENAR Supplier Code of Conduct Form DownloadEN Supplier Registration Form DownloadEN Engage with a pioneering community of dreamers and doers NEOM is an accelerator of human progress being built from the GROUND up as a living LABORATORY – a place where entrepreneurship will chart the course for a New Future. Engage With NEOM Be Part of NEOMCareersInvestorsNewsroomProcurementCookies Settings Social Media Privacy PolicyTerms of UseCookie Policy © 2020 NEOM |
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| 997. |
Question 24. Which of the following best describe the term Depriciation?Answer:Valuation of fixed asset at the end of the yearVerification of assetsO Allocation of cost of fixed assets over its useful lifeDecreasing the market value of assets |
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Answer» ong>Answer: depreciation is the fall in the value of TANGIBLE fixed assets with EFFLUX to time or accident or obsolescence. Depreciation is a PERMANENT continuing and gradual fall in the value of fixed assets. it reduces the book value of the assets. however it's market value can be different. hope it's helping you!! |
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| 998. |
G of Transactions - II What is petty cash book? Write the advantages of petty cash bookDescribe the advantages of sub-dividing the Journal.What do you understand by balancing of account?Numerical Questionse Cash BookEnter the following transactions in a simple cash book for December 2005:Rs.01 Cash in hand12,00005 Cash received from Bhanu4,00007 Rent Paid2,00010 Purchased goods Murari for cash6,00015 Sold goods for cash9,00018 Purchase stationery30022 Cash paid to Rahul on account2,00028 Paid salary1,000BO Paid rent504 |
| Answer» ONG>Answer: | |
| 999. |
Explain cost concept and matching concept with suitable example? |
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Answer» ong>ANSWER: MARK ME AS BRAINLEST ANSWER...PLZ Explanation: The matching principle STATES that expenses should be recognized and recorded when those expenses can be matched with the revenues those expenses helped to generate. In other words, expenses shouldn't be recorded when they are paid. ... Administrative SALARIES, for example, cannot be matched to any SPECIFIC revenue stream. |
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| 1000. |
1. Rakesh started business,by furniture of 15,000, Equipments of 10,000, Stock of goods of 8,000. Creditors 3,000,Loan from a friend at 12% of 20,000 and cash5.000 into the business |
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Answer» this will be HELPFUL to you... |
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