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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 what is end product of financial accounting. |
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Answer» Balance sheet Capital at the end of the year. Trading account, p and l account, balane sheet Profitability and financial position of business |
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| 2. |
10/1210% |
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| 3. |
Name the process of transferring entries from journal to their respective account iinladger |
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Answer» Analysing / may be summarising Posting of transactions. |
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| 4. |
Solution of question paper of 2016 |
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| 5. |
Closing capital where show in trail balance |
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Answer» Debit side May be on credit side |
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| 6. |
Basic of subscription |
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| 7. |
Valu |
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| 8. |
Please upload more sample papers for accounts class 11 |
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| 9. |
What is liquidity...? |
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Answer» Fixed assets transfered into cash Tranfer into cash. |
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| 10. |
Difference between provision |
| Answer» Please ask question with complete information. | |
| 11. |
Name any two accounting standard |
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| 12. |
Question number 37 of npo |
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| 13. |
Can anyone answer this question? |
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Answer» The question which is given below this question? Which question? |
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| 14. |
In which side of accounting equation we will treat interest on drawings? |
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Answer» Why it will plus in capital? It will plus and minus from capital |
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| 15. |
How to find out balance c/d |
| Answer» By taking out sum of Dr. and Cr. side. Subtract the side which has less to the side which has big answer. The remaining is the answer | |
| 16. |
What in larger |
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| 17. |
What is meant by capital reserve |
| Answer» Reserves for long term.. | |
| 18. |
what is financial statement |
| Answer» Financial statement is the status of the firm prepared at the end of financial year to calculate profits earned or loss sustained by the firm. | |
| 19. |
What is prepaid |
| Answer» The benefit related to next year will paid in the current year. | |
| 20. |
Contingent liability |
| Answer» | |
| 21. |
Which accounts are not considered while preparing the trial balance |
| Answer» Personal | |
| 22. |
What is marshalling of assets |
| Answer» Grouping of assets | |
| 23. |
Principal of insurance |
| Answer» 1.Principle of Mitigation of loss 2.Principle of Contribution 3.Principle of insurable interest | |
| 24. |
What is the full form of GAAP? |
| Answer» Generally accepted accounting principles | |
| 25. |
CBSE ncrt solution of a/c class 11 |
| Answer» | |
| 26. |
Trading and p/l a/c of ncrt book practical question |
| Answer» See T.R jain | |
| 27. |
What is doable entry system |
| Answer» Double entry system has two aspects "Debit" and "credit" | |
| 28. |
Where I have to keep wages? |
| Answer» In final accounts, Wages will go in Trading Account on the debit side because it is a direct expense. But if it is given Salaries and Wages A/C then it will go in Profit and Loss Account on debit side. | |
| 29. |
Being good sold to vinod 15000 and 40 %amount received by cheque |
| Answer» | |
| 30. |
Being good sold to vinod and 40%amount received by cheque |
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Answer» How r to de hi nhi rkhe 15000 |
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| 31. |
Which account is not considered while preparing trial balance |
| Answer» | |
| 32. |
What is the meaning Subscriptions? |
| Answer» | |
| 33. |
Meaning of legacy |
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| 34. |
Sundry creditors |
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| 35. |
What is due date?? |
| Answer» A due date is a last date of b/r | |
| 36. |
Ajsjdj |
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| 37. |
on 1 january 2014 .A drew |
| Answer» | |
| 38. |
Pls add fine arts subject also |
| Answer» | |
| 39. |
Please give me cbse paper set 1 solution |
| Answer» | |
| 40. |
From where I can\'t get the pratical question it\'s only showing theory on the app?? |
| Answer» | |
| 41. |
How much marks does npo contain |
| Answer» | |
| 42. |
Us maturity date and due date both are same?? |
| Answer» No...both are different | |
| 43. |
Treatment of sales tax collected |
| Answer» It will be deducted from sales in trading account | |
| 44. |
What is suspense A/C??? |
| Answer» It is that a/c in which difference of trail balance is placed | |
| 45. |
Project work for class 11 |
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| 46. |
What is difference b/w gain and profit? |
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| 47. |
What is business trade |
| Answer» | |
| 48. |
In final accounts with adjustments where should I write interest on drawings |
| Answer» Cr.side of p/l a/c | |
| 49. |
Life membership fees comes in income &expenditure a/c or not? |
| Answer» No It comes under liability | |
| 50. |
What is mean by cash basis of accounting? |
| Answer» It is a type in which only cash transactions are recorded, irrespective of year in which they take place. | |