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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. |
State the feature of GAAP |
| Answer» credit | |
| 2. |
Accounting information should be reliable. Do you agree with this statement? Give two reasons |
| Answer» | |
| 3. |
Show the effect of following transaction on the account |
| Answer» | |
| 4. |
Placed an order for hp printers for Rs 15000 amount advanced make journal entry |
| Answer» | |
| 5. |
What is capital account debited |
| Answer» | |
| 6. |
importance of accountancy |
| Answer» Importance of accounting to get all the financial position of account. | |
| 7. |
What do u mean by accounts |
| Answer» It denotes a date wise record pertaining to a particular person or body of person which kept in one place with some certified rules and events is called accounts | |
| 8. |
I need the solution of T. S agrawal of class 11 |
| Answer» | |
| 9. |
What is compound entry |
| Answer» | |
| 10. |
paid cash to kamlesh |
| Answer» Kamlesh a/c-dr To cash a/c | |
| 11. |
Jounal entry of tha Transaction opened a bank account with union bank by cheque from saving account |
| Answer» You are talking about taking science then why are you asking the question of commerce seriously you are a liyer | |
| 12. |
What is asats |
| Answer» Its assets it means things owned by us eg house property etc | |
| 13. |
What are attributes of accounting? |
| Answer» | |
| 14. |
acconting characterstic in short way |
| Answer» | |
| 15. |
"identify" the values involved in full disclosure principle. |
| Answer» | |
| 16. |
What is the meaning of accounting and what is the season of accounting Period |
| Answer» Accounting is identifying , measuring and recording the transaction and communicating with users . The accounting period starts from April to March. | |
| 17. |
Explain the accounting process |
| Answer» | |
| 18. |
No. Of numerical ques. Come in 12th boad |
| Answer» | |
| 19. |
Journalise the following in the book of amit saini |
| Answer» | |
| 20. |
Tell me the best book for accounts, maths,b.st,eco,.. |
| Answer» | |
| 21. |
What are the rules of real account |
| Answer» | |
| 22. |
Defination of depreceation |
| Answer» | |
| 23. |
How to set off igst in journal . Show entry in parts |
| Answer» | |
| 24. |
Explain artificial account |
| Answer» | |
| 25. |
What is business entity |
| Answer» When business and businessmen are treated seperately it is known as entity | |
| 26. |
Printing what is his trial balance |
| Answer» | |
| 27. |
what is salary outstanding |
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Answer» Salary outstanding means any kind of credit or libility When we start business we tak loan from bank that is called salary outstanding Number |
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| 28. |
What do you know about account? |
| Answer» | |
| 29. |
Paid to shyam 14750 discount received 250 |
| Answer» | |
| 30. |
How can i calculate balance sheet? |
| Answer» | |
| 31. |
Sir i don\'t understand account what to do? |
| Answer» Change stream | |
| 32. |
Which is the best book for accountancy in class11? |
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Answer» D.k goel simple and best P C Tulsian |
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| 33. |
If capital is 300000 and liabilities are 50000 loss 70000 calculate total assets |
| Answer» 350000 | |
| 34. |
Who are the users of accounting information |
| Answer» (1) depiction of financial position of business enterprise (2) ascertaining/evaluating profit and loss of business enterprise (3) providing necessary info. to management for decision making | |
| 35. |
Commerce sub kaisa hai easy or harder than science |
|
Answer» Krishan kant you are really a coward Main apne experience se bol rha hu ,commerce stream is easy compare to science stream...main science stream leave krke commerce stream liya h Thank u? Well I have science.thnx for the info Scince sae easy hae but labour commerce mae bhi karna padega agar ap maths rakhogi to science jaisa labour karna padega |
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| 36. |
12th chapter solution |
| Answer» | |
| 37. |
Give journal entry-Timber costing Rs.5000was used for furnishing the office. |
| Answer» Furniture to purchases | |
| 38. |
Rent paid in advance 150 |
| Answer» | |
| 39. |
Commerce mai books ke name batao....??books name |
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Answer» Economics also statistics and microeconomics... Accounts:-dk goelBusiness:-Rk singlaMaths obvious ncertEng:-hornbill n snapshot |
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| 40. |
Identified and measured economic events should be recording in _ order |
| Answer» ever acc have dash side | |
| 41. |
Solutions for journal |
| Answer» | |
| 42. |
Prov for doubtful debts was found to be in excess by 400 Dr or cr of revaluation account ? |
| Answer» | |
| 43. |
what id Account any? |
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Answer» Keeping the record of money spent & recieves Srry wrong It is a branch of knowledge concern with the production, consumption, distribution |
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| 44. |
CanI order books from this app?? |
| Answer» Yes | |
| 45. |
Accountancy is easy or nit |
| Answer» If u study it will be easy but if u will not study it will be hard | |
| 46. |
Commerce mathematics is hard or easy than PCM mathematics. |
|
Answer» Equal? In cbse, it is same for both commerce and PCM Same |
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| 47. |
What is drawings |
| Answer» The assets of the firms that are used by the proprietor or owner for self consumption | |
| 48. |
What is the meaning of accounting |
| Answer» Accounting is an art of recording, classifying, identifying, summarising and interpreating all the business transactions to acess the goal | |
| 49. |
What is marshlling system in account s |
| Answer» | |
| 50. |
When expenditure can be said assets or when expenses ? ? |
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Answer» Your answer is something wrong ,,, Yes who\'s there Hlo When the expenditures are used on fixed assets such as machinary , car then it is recorded as asset but when they are used on current assets such to pay salaries or wages to employees , to pay telephone bill etc then it is recorded as expense |
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