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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.

3301.

State what is end product of financial accounting.

Answer» Balance sheet
Capital at the end of the year.
Trading account, p and l account, balane sheet
Profitability and financial position of business
3302.

10/1210%

Answer»
3303.

Name the process of transferring entries from journal to their respective account iinladger

Answer» Analysing / may be summarising
Posting of transactions.
3304.

Solution of question paper of 2016

Answer»
3305.

Closing capital where show in trail balance

Answer» Debit side
May be on credit side
3306.

Basic of subscription

Answer»
3307.

Valu

Answer»
3308.

Please upload more sample papers for accounts class 11

Answer»
3309.

What is liquidity...?

Answer» Fixed assets transfered into cash
Tranfer into cash.
3310.

Difference between provision

Answer» Please ask question with complete information.
3311.

Name any two accounting standard

Answer»
3312.

Question number 37 of npo

Answer»
3313.

Can anyone answer this question?

Answer» The question which is given below this question?
Which question?
3314.

In which side of accounting equation we will treat interest on drawings?

Answer» Why it will plus in capital?
It will plus and minus from capital
3315.

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
3316.

What in larger

Answer»
3317.

What is meant by capital reserve

Answer» Reserves for long term..
3318.

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.
3319.

What is prepaid

Answer» The benefit related to next year will paid in the current year.
3320.

Contingent liability

Answer»
3321.

Which accounts are not considered while preparing the trial balance

Answer» Personal
3322.

What is marshalling of assets

Answer» Grouping of assets
3323.

Principal of insurance

Answer» 1.Principle of Mitigation of loss 2.Principle of Contribution 3.Principle of insurable interest
3324.

What is the full form of GAAP?

Answer» Generally accepted accounting principles
3325.

CBSE ncrt solution of a/c class 11

Answer»
3326.

Trading and p/l a/c of ncrt book practical question

Answer» See T.R jain
3327.

What is doable entry system

Answer» Double entry system has two aspects "Debit" and "credit"
3328.

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.
3329.

Being good sold to vinod 15000 and 40 %amount received by cheque

Answer»
3330.

Being good sold to vinod and 40%amount received by cheque

Answer» How r to de hi nhi rkhe
15000
3331.

Which account is not considered while preparing trial balance

Answer»
3332.

What is the meaning Subscriptions?

Answer»
3333.

Meaning of legacy

Answer»
3334.

Sundry creditors

Answer»
3335.

What is due date??

Answer» A due date is a last date of b/r
3336.

Ajsjdj

Answer»
3337.

on 1 january 2014 .A drew

Answer»
3338.

Pls add fine arts subject also

Answer»
3339.

Please give me cbse paper set 1 solution

Answer»
3340.

From where I can\'t get the pratical question it\'s only showing theory on the app??

Answer»
3341.

How much marks does npo contain

Answer»
3342.

Us maturity date and due date both are same??

Answer» No...both are different
3343.

Treatment of sales tax collected

Answer» It will be deducted from sales in trading account
3344.

What is suspense A/C???

Answer» It is that a/c in which difference of trail balance is placed
3345.

Project work for class 11

Answer»
3346.

What is difference b/w gain and profit?

Answer»
3347.

What is business trade

Answer»
3348.

In final accounts with adjustments where should I write interest on drawings

Answer» Cr.side of p/l a/c
3349.

Life membership fees comes in income &expenditure a/c or not?

Answer» No It comes under liability
3350.

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.