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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.
| 1551. |
• . Average capital employed 14,00,000. Net profit 2011 2,50,0002012 1,00,000 (loss) 2013 4,50,000 NRR10% Goodwill at 3 years' purchase ofsuper profit will be |
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Answer» ong>Explanation: AVERAGE profit = Total TRADE profits/ NUMBER of years profits = 250000+ 450000 - 100000/5 = 700000-100000/5 = 600000/5 = Rs. 1,20,000 Normal profit = Avg capital employed X Normal Rate of return = 14,00,000 X 10/100 = Rs. 1,40,000 Note : we are not calculated super profit because the excess of normal profit over Avg profit super profit = Avg profit - super profit = 120000 - 140000 = - 20,000
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| 1552. |
Discounted cash flow method does not includeIRRPIARRNPV |
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Answer» ong>Answer: |
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| 1553. |
(i) X and Y are Partners sharing profits in the ratio 7:3 was admitted. The new Partner acquires his 1/10th share entirely from X. (ii) A and B are Partners sharing profits in the ratio of 3:2. They admitted C for 1/5thshare which he acquires from B. |
| Answer» ONG>ANSWER: | |
| 1554. |
Discuss FIVE reasons why the balance shown at the bank column of the cash book does not agree with the balance shown on the bank statement |
| Answer» ONG>Answer: | |
| 1556. |
Inregistrati in contabilitate folosind etapele analizei contabile 1 se cumpără materiale consumabile in valoare de 400 de lei de la furnizor2 |
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Answer» ONG>Answer: I don't UNDERSTAND this question. Please MARK me as brainlist |
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| 1557. |
Q. Capital expenditure is shown - a) By adding to capital account in Balance Sheet. b) By deducting from capital account in Balance Sheet. c) On Assets side d) Debit side of P&L Account. |
| Answer» CAPITAL expenditures INCREASE the respective asset ACCOUNTS which are reported in the noncurrent asset SECTION of the BALANCE sheet entitled property, plant and equipment. | |
| 1558. |
1 a) Prepareclean Audit report of co-op society. |
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Answer» ONG>Answer:The first report on cooperative SOCIETIES in British INDIA by Sir ... concept of societies getting their ACCOUNTS audited by qualified auditors came into being. ... The AUDIT under sub-section (1) of section 81 of Maharashtra Co- operative ... have been forwarded to him and how he has dealt with the same in preparing the auditor's ... Explanation: |
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| 1559. |
How many columns are drawn in the format of journal |
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Answer» ong>ANSWER: Five columns Many general JOURNALS have five columns: Date, Account Title and Description, Posting Reference, Debit, and Credit. To record a JOURNAL entry, begin by ENTERING the date of the transaction in the journal's date column. |
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| 1560. |
What is perimeter of square |
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Answer» ONG>ANSWER: 4×side PLEASE mark me as BRAINLIEST |
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| 1561. |
Paid into bank 7,000- write the two aspects |
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Answer» ong>Answer: Here, We have paid into BANK Rs. 7,000. This is basically a contra entry. As, it decreases the cash of enterprise and at the same time INCREASES our bank balance by rs. 7,000. Explanation: This is because we have deposited the cash inti bank. So, it's journal entry will be: Bank a/c Dr. 7,000rs. To Cash a/c CR. 7,000rs. It happens so as in a double entry system. Every entry/transaction has DUAL aspect. |
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| 1562. |
1. Cash deposited into bank which account will be debit? |
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Answer» ONG>ANSWER: CURRENT account Explanation: because when take it out it COMES from current.. |
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| 1563. |
-1 Assets are cash in hand Rs.22, Bank Rs.38, Plant & Machinery Rs.5, Furniture & Fixture Rs.99 and liability are Mr.Rs.2000, capital Rs.10000. Jan-2 Sold goods by cash to Ram Rs.100Jan-3 Sold goods to shyam Rs.200Jan-4 Goods return by Shyam Rs.14Jan-5 carriage outward paid Rs.50Jan-6 Carriage in ward paid Rs.100Jan-7 Cheque paid to Mr. Rs 1980 in full settlement of his Account.Jan-8 Sold goods by cash Rs.80, Paid telephone bill Rs.500, purchased goods from Mr. Y Rs.20 |
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Answer» ong>Answer: SCIENCE, any system of knowledge that is CONCERNED with the physical world and its phenomena and that entails UNBIASED observations and systematic experimentation. In general, a science involves a pursuit of knowledge covering general truths or the OPERATIONS of fundamental laws. |
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| 1564. |
The period of accounting is- (a). 6 months(b). 3 months(c). 12 months (d). 1 monthsHow many types of A/c b are there?(a). 1(b). 2.(C). 3(d). 4The branch of accounting are(a) Financial accounts (b) cost accounts (C) management accounts all of abovePrinciple of double entry system is-(a) Effect on two accounts (b) Posting in both accounts (c) two sides of accounts (d) all of above.Salary paid will(a) Increase the capital (b) reduce of capital (c) not change the capital (d) increase the profit |
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Answer» ong>Answer: 1. (c) 3 2. (d) All of the above 3. (d) All of above |
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| 1565. |
24. Prepare Building Account: June 1 Purchased semi-constructed buildingJune 10 Paid for repairs and renovation to completeJune 14 Sold half portion of the buildingJune 18 Purchased another buildingJune 20 Depreciate buildingRs. 10,00,000Rs. 1,00,000Rs. 9,00,000Rs. 7,50,000Rs. 35,000 |
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Answer» > |
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| 1566. |
A private employee received a salary Rs. 120000 and entertainment allowance Rs. 10000 duringthe previous year, he spends Rs. 6000 onentertainment. he is entitled to deduction undersection 16(ii).a. Rs. 10,000b. Rs. 5,000C. Nild. Rs. 6,000 |
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Answer» ONG>Answer: d. Rs.6000 Explanation: A private employee has ENTERTAINMENT allowance10000 but he spend rs.6000 |
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| 1567. |
भागीदारी मनजे काय भागीदारी चे प्रकार सांगा |
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Answer» ong>Explanation: Answer :- Incident ray :- The ray of light which strikes the mirror. Normal :- IMAGINARY line which is PERPENDICULAR to the point at which the incident ray strikes. Reflective ray :- The ray of light which reflects back after the incident ray strikes the mirror. ~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~ Point of incidence :- The point at which the incident ray strikes the mirror is known as the point of incidence. ANGLE of incidence :- The angle which the incident ray MAKES with the normal is known as the angle of incidence. It is generally denoted by i. Angle of REFLECTION :- The angle which the reflected ray makes with the normal is known as the angle of reflection. It is generally denoted by r. ________________________________ ⛳ The incident ray, the normal at the point of incidence and the reflected ray – all lie in the same plane. ⛳ The angle of incidence is always equal to the angle of reflection i.e, ~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~ |
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| 1568. |
Show necessary entries to adjust the following on 31st December, 2017. (i) Outstanding salaries Rs 1,200 (ii) Prepaid insurance premium Rs 450(iii) Interest on investments accrued Rs400 |
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Answer» ONG>ANSWER: YES you are right But YO are wrong |
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| 1569. |
1,000 toys consigned by Roy & Co. of Calcutta to T. Nu of Rangoon at an invoice cost of Rs 150 each. Roy& Co. paid freight Rs 10,000 and insurance Rs 1,500During the voyage 100 toys were totally damagedby fire and had to be thrown overboard. T. Nu tookdelivery of the remaining toys and paid Rs 14,400 ascustoms duty |
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Answer» ONG>Answer: VALUE of consignment : rs 150000 consignor expenses : rs 11500 value of LOSS in TRANSIT: 16150 value of loss in transit and UNSOLD stock : 145350 |
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| 1570. |
T. Nu sent a bank draft to Roy & Co. for Rs 50,000 as advance payment and later sent an account salesshowing that 800 toys had been sold at Rs 220each. Expenses incurred by T. Nu on godown rentand advertisement, etc., amounted to Rs 2,000 T. Nuwas entitled to commission of 5 per cent. One of thecredit customers could not pay for 5 toys. Prepare theConsignment Account, T. Nu's account and Profit andLoss Account in the books of Roy & Co., assumingthat nothing has been recovered from the insurersdue to a defect in the policy. T. Nu settled his accountimmediately |
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Answer» ONG>ANSWER: brjrrjvewevrkfmsvrhktsvehykngeg |
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| 1571. |
A company receives a 49000,12%,60 notes a day what is the maturity value |
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Answer» ong>EXPLANATION:
xyq-vgsy-urg who want show your naked body |
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| 1572. |
profit volume ratio of enterprise is 40%,to offset 10% decrease in selling price,how much sales must be decreased |
| Answer» WER is that if you will SOLVE you will AUTOMATICALLY ABLE to ANSWER | |
| 1573. |
What is the from of Coordination of a points on the X-axis |
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Answer» ong>ANSWER: Ordinate of all POINTS on the X-AXIS is zero. Because ordinate (or y-coordinate) of a point is perpendicular distance of this point from the X-axis measured along the Y-axis. If point lies on X- axis, then the perpendicular distance of point from X- axis will be zero, so ordinate will be zero. |
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| 1574. |
P.Q and R sharing profits and losses in the ratio of 3:2:1, decide to share profits and losses equally with effect from 1st April, 2017. Following is an extract of theirBalance Sheet as at 31st March, 2017:LiabilitiesInvestment Fluctuation Reserve₹ 30,000AssetsInvestments (At Cost)₹ 5,00,000Show the accounting treatment under the following alternative cases :Case (1) If there is no other information.Case (ii) If the market value of Investments is 75,00,000.Case (iii) If the market value of Investments is 34,88,000. |
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Answer» ONG>ANSWER: answer of the QUESTION is 183628 |
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| 1575. |
TOOD De3000300037030On the above date partes de ce de the hom with following conditons.1 Viles to takere at the stock book in and autopay crediten.2 Daltons amtumir te 2000 nella for 180 mnd es vold to del collecting2. Being said lor 90000 odwable realized 4000Pregut alization A/C2) Parts Capal AJCWC |
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Answer» ONG>ANSWER: ihvdk sfjodevjofa jogdboo Explanation: gincsjobvswgjbb |
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| 1576. |
Which is the oldest indian method of writing books of accounting ? |
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Answer» ong>Answer: Mahajani VARANASI: DESPITE the introduction of advanced software for accounting, the ancient TRADITIONAL method of 'Mahajani' has STILL not lost its relevance. |
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| 1579. |
ram limited has taken over of sabari from sun liya set 50000 and the value of goodwill at 50,000 others and reliability at rupees 484 left then purchase price of the business will be |
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Answer» ong>Explanation: 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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| 1580. |
Account and bank account prepare the cash account in bank account |
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Answer» ONG>Answer: 1,500 |
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| 1581. |
Q3 Enter the following hypothetical transaction in the appropriate type of the cash books and post the same to the relevant ledger account: 2008 July 1 Started business with an investment of Rs. 9,000 July 2 Deposited in Bank of India, Rs. 7,000 July 4 Acquired a building by issuing a cheque of Rs. 5,000 July 10 Jwy 15 Purcahscd Rs. 800 of merchandise by chcque. July 18 Withdrew Rs. 100 from the bank July 20 Sold merchandise for RS. 1,200 July 22 Deposited Rs. 2,000 into the bank July 25 Bought Rs. 1,000 merchandise July 26 Sold Rs. 1,500 merchandise by crosscd cheque July 27 Paid Rs. 100 by chequc as the premium for insuring building against fire July 28 Paid freight Rs. 50 Jwy 30 Withdraw from bank for persoria usc Rs. SOO Jwy 31 Cleared electricity bill Rs. 90 Jwy 31 Paid to Mahesh Rs. 1,080 in full satisfaction by cheque. We owed to Mahesh Rs. 1,100 for goods purchased. July 31 Received from Suresh a cheque for Rs. 1,480, in full satisfactin of the debt of Rs., 1,510. | |
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Answer» ong>Answer: Identify the 'Accounting Concepts' INVOLVED in the following: a) Production Manager of the company is interested to reflect the good industrial RELATIONS in the accounts. b) Machine is recorded at cost (Rs. 50,000) while the market VALUE is Rs. 45,000. c) Accounts are prepared at the end of every year. d) Same accounting METHODS are used year after year. |
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| 1582. |
Enter the following transactions in a single column cash books of hts steel Co Ltd 2019 august 1 purchase goods From Ramaiya On credit Rs.8000 August 5 credit purchase from Rohan traders Rs.5000 less 10% discount August 10 purchased From Srinivas Rs4000 on account  August 13 bought furniture from oaks Furniture from Rs.8000 August 20 Videsh supplied goods worth Rs.2500 |
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Answer» ong>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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| 1583. |
2. Love Doddle is a gifting enterprise of Ms. Dorati. The enterprise generates inflows by arranging gift hampers for the customer's loved ones. The inflows arises from the sale ofgift hampers Rs 505000 and from bank interest, dividend receipt RS4200. Ms. Dorati isconfused on how to record these inflows. She would like to understand from you aboutthe concepts Revenue from operation and other income, so that she can record theinformation so as to prepare the profit and loss statement of the enterprise. Define, shareexamples, and elaborate on your understanding towards the terms Revenue fromOperation and Other Income(10 Marks) |
| Answer» ONG>ANSWER: | |
| 1584. |
The auditor will examine bill of lading inorder to vouch a. sales within the state b. sales outside the state c. exports d. sales on approval |
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Answer» ong>Answer: export Explanation: |
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| 1585. |
नीतू अपने तन से 500रुपये बचाती है यदि यहउसके तन का कबउसके वतन क्या |
Answer» ONG>Answer:plz send FULL QUESTION or send pic PHOTO of question given in textbook |
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| 1586. |
2. Hindustan Unilever Ltd. is an Indian consumer goods company listed on the stock exchange in India. As part of the listing agreement the Management Discussion andAnalysis Report should form part of the Annual Report to the shareholders.MD&A should include discussion on certain crucial matters within the limits set by thecompany's competitive position. Discuss about MD&A, list down, and briefly definethose matters which MD&A should include.(10 Marks) |
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Answer» ong>Answer: Hindustan Unilever Ltd. is an Indian consumer goods company listed on the stock exchange in India. As PART of the listing agreement the Management Discussion and ANALYSIS Report should form part of the ANNUAL Report to the shareholders. MD&A should include discussion on certain crucial matters within the limits SET by the company's competitive position. DISCUSS about MD&A, list down, and briefly define those matters which MD&A should include. |
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| 1587. |
As on 31.3.2020 (Rupees. In Lacs)1003. Following information is available in respect of A LtdParticularsAs on 31.3.2019(Rupees. In Lacs)Investment in FinancialAssetsEquity Share Capital150Long term Loans taken100Dividend paidDividend receivedInterest received160200261015a. Prepare the cash flow from financing activities from the above information and givereasons for each element whether these elements belongs to financing activities or not(5 Marks |
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| 1588. |
Enter the following transactions in a Purchase Book for the month of August 2019. August 1 Purchased goods from Ramya on credit Rs. 8,000.August 5 Credit purchases from Mohan Traders Rs. 5,000, less 10% discount.August 10 Purchased from Srinivas Rs. 4,000 on account.August 13 Bought furniture from Oaks Furniture for Rs. 8,000.August 20 Videsh supplied goods to us worth Rs. 2,500. |
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Answer» ong>ANSWER: The rose is a type of FLOWERING SHRUB. Its name comes from the Latin word Rosa. The flowers of the rose grow in many different colors, from the well-known red rose or yellow ROSES and sometimes white or purple roses. Roses belong to the family of plants CALLED Rosaceae.. Hope it's helps... XD |
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| 1589. |
Received an order the from browar to supely for Rs 40,ooo Rbcrived of Rs 12.000 asadvancerupesgoods |
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Answer» ong>Explanation: RECEIVED an ORDER the from BROWAR to supely for RS 40,OOO Rbcrived of Rs 12.000 as advance rupes goods |
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| 1590. |
20. Machine account shows balance of Rs.60,000 in the books of XYZ Ltd on 01/04/17. This machine was purchased five years back. Till today, total depreciation written off on this machine was Rs.20,000.On 01/04/19 second machine was purchased for Rs. 12,000.Second machine was not found suitable and was sold at 10% loss of book value on 31/12/19. Every yearcompany provides depreciation at 5% under S.L.M.Prepare machine a/c and depreciation a/c in the books of the company up to 31/03/20. |
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Answer» ong>Answer: the INTELLECTUAL and practical activity ENCOMPASSING the systematic STUDY of the structure and behaviour of the physical and natural world through OBSERVATION and experiment. |
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| 1591. |
Currently, 500 employees are working in your organization. You applied for Tax deduction and collection account number so as to carry out various formalities in relation to deducting tax at source. With reference to above, discuss, any five obligations of a tax deductor as specified under the Indian Income Tax Act |
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Answer» ONG>ANSWER: Step-by-step EXPLANATION: Answer: Explanation: |
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| 1592. |
6% debentures , rs.10000 intrest paid rs, 3000 , what is unpaid intrest ? |
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Answer» ong>ANSWER: Rs. 3,000 Debenture INTEREST = Debentures value X RATE of interest = 10000 X 6/100 = Rs. 6,000 unpaid interest = TOTAL interest - interest paid = 6000 - 3000 = Rs. 3,000 |
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| 1593. |
Jourhalise thefollowing2019 november 15, Loan borrowealfrom HDFC Bank for Rs. 40,000 |
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Answer» ong>ANSWER: To Loan from HDFC Bank CR 40000 ( Being loan borrowed from HDFC Bank.) |
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| 1594. |
आई एस आर एस की आवश्यकता समझाइए |
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Answer» ong>Answer:
REPORT MY ALL QUESTIONS I GIVE 50 POINTS AND 10 THANKS
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| 1595. |
Sales Retaron 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» ong>ANSWER: Retaron Book. moucht sold sales Book Sudhakar stores 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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| 1596. |
Features of non trading organisation |
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Answer» ong>Answer: 1.Non-Profit MOTIVATION 2. Entity 3. Forms of Organizations 4. Sources of Income 5. Budgeting 6. Usage of Funds Explanation: 1. Non-Profit Motivation: Non-Trading Concerns are not operated with the OBJECTIVES of earning the profit. Their main objectives are to serve their members or the whole society. 2. Entity: The entity concept is also applied to non-trading concerns, as these organizations do not have owners. 3. Forms of Organizations: These concerns are found in the form of clubs, societies and charitable bodies. These organizations are also found in the form of government SCHOOLS, colleges, HOSPITALS, dispensaries and libraries. 4. Sources of Income: Non-trading concerns have limited sources of income. Many a time these organizations are to depend on the donations given by the members and outsiders. Because subscriptions received from members may not cover all their operating expenses. 5. Budgeting: Large-scaled organizations also prepare their annual budget. 6. Usage of Funds: These organizations spend their funds in such a way that provides maximum benefit to the members. That's all i think it's enough for INFORMATION...good luck |
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| 1597. |
X Company Ltd is considering three different plans 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» ONG>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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| 1598. |
May, 7 sold goods on credit to Krishna Das of Lalitpur 20 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» ong>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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| 1599. |
Cash paid into Bank of Barodaprepare a 2 column cash book. |
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Answer» ONG>EXPLANATION: SORRY for the HANDWRITING |
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| 1600. |
Mouse purchased for laptop for office use. what is the journal entry?लॉक परचेज रुपए ऑफिस यूज व्हाट इज द जनरल एंट्री |
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Answer» ong>ANSWER: To cash a/c |
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