Saved Bookmarks
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. |
What is Incomplete record |
| Answer» | |
| 2. |
Final account of any company |
| Answer» | |
| 3. |
Give journal entries to rectify following errors |
| Answer» Bro phle koi entry to do..... | |
| 4. |
Solution of last year paper sat 2 |
| Answer» | |
| 5. |
Paid. Cash to Kamlesh =15000 |
|
Answer» purchase goods from Sohan for cash Kamlesh A/C Dr. To cash A/C |
|
| 6. |
Name the accounting voucher to be prepared for furniture purchased Rs40000 on credit |
| Answer» Invoice | |
| 7. |
Explain Investors as user of accounting information |
| Answer» | |
| 8. |
Rectification:1.Sum of Rs.200 owed by X has been included in the list of Sundry creditors. |
|
Answer» su why Dr. Debtor a/cDr.creditor A/C To suspense A/C |
|
| 9. |
Where is import duty located in final account |
| Answer» A amount has been charged by government on importing of goods. This amount is known as import duty | |
| 10. |
Can i get chapter lessons... |
| Answer» | |
| 11. |
revenue from fees received from students of computer classes |
| Answer» | |
| 12. |
revenue from fees received from students of computer classes 2,70,000 |
| Answer» | |
| 13. |
Single entry |
| Answer» | |
| 14. |
Debtors 2,000 could not recoverable |
| Answer» Bad debts | |
| 15. |
Whte |
| Answer» | |
| 16. |
Three-columnar cash book |
| Answer» Not in our syllabus | |
| 17. |
bank reconciliation statement next solution |
| Answer» | |
| 18. |
Primary Packing expense Direct or Indirect |
| Answer» Direct | |
| 19. |
Check entered in cashbook but not banked? |
| Answer» | |
| 20. |
which system of accounting record in the books of account |
| Answer» | |
| 21. |
How i learn the( +)item &( -) item of BRS?? |
| Answer» With the help of me | |
| 22. |
Limitation of trial balance |
| Answer» 1) errors of complete omission .2) errors of principles. 3) compensating errors.4) incorrect amount entered in journal.5) posting to the wrong account. 6) an entry posted twice in the ledger. | |
| 23. |
1Treatment in final accounts of goods used for staff welfare? |
| Answer» Less from purchases and Dr. To p/l a/c | |
| 24. |
Value of investment |
| Answer» To earn profit in business | |
| 25. |
Viva questions |
| Answer» | |
| 26. |
Marking scheme of accountancy paper class 11 chapter wise |
| Answer» | |
| 27. |
Rectify the error :Credit sale of 1800 to Avikan was recorded as 8100. |
| Answer» Sales a/c. Dr. 6300 To Avikyan. 6300 | |
| 28. |
What is bookeeping |
| Answer» It is a primary stage of keeping record which do not require higher skill of knowledge lt is performed by cleark | |
| 29. |
What do you mean by going concern |
| Answer» The owner should think the business will last for long periods of time | |
| 30. |
Who is payee |
| Answer» Payee is the person who received the amount which is written in bill of exchange or promissory note. | |
| 31. |
Who is payee? |
| Answer» Payer | |
| 32. |
how to take capital fund in income and expenditure account |
| Answer» It is shown in balance sheet not income and expenditure A/c | |
| 33. |
What is meant by bad debts |
| Answer» The debt which is not recoverable | |
| 34. |
How to solve a question having an adjustment if mutual indebtedness? |
| Answer» | |
| 35. |
Is there any change in XI Accountancy question paper patter this year? |
| Answer» | |
| 36. |
What is reserve fund |
|
Answer» It is a type of fund in which their is many types of risk is their So the balance Dr site |
|
| 37. |
Exams are near what I have to study more ? And how I have to prepare for it plz help I m so confused |
| Answer» | |
| 38. |
Brefly discuss the informational needs of any three external user. |
| Answer» Creditor , public , bank,reseacher | |
| 39. |
Which account are not considered while preparing the trial balance. |
| Answer» Which doesn\'t have any balancing figure that means they are equal | |
| 40. |
Why capital show in balance sheet liablities side |
| Answer» Because capital was liabilities of business owner of business and business are individual so we can see side of the business so capital was liabilitie of business but in the case of owner this not liability | |
| 41. |
Difficult journal entry in JOURNAL.... |
| Answer» | |
| 42. |
A sale of 6540 to rajat has been credited to his account. Rectification of error s |
| Answer» Rajat a/c. Dr. 13080. To suspense a/c. 13080 | |
| 43. |
Balance as per pass book |
| Answer» Debit plus side in BRS | |
| 44. |
Question contain journal ledger trial balance balance sheet |
| Answer» pass journal entry and open ledger prepare trail balance | |
| 45. |
What is the nature of dividend? Assets ,liability ,income ,expenditure |
| Answer» Income | |
| 46. |
Which accounts are not considered while preparing trial balance? |
| Answer» | |
| 47. |
Trade mark is asset or not??? |
| Answer» Asset | |
| 48. |
When are repair be treated as capital expenditure |
| Answer» When made on fixed assets | |
| 49. |
Where legacy is shown income and expenditure a/c or balance sheet......??? |
| Answer» Balancesheet | |
| 50. |
When suspense account is used |
| Answer» When both sides of trial balance does not match | |