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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.
| 6101. |
If a credit card having limit 50000 than to purchase 150000 of any gadget |
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Answer» NOPE bro But do MARK as the BRAINLIEST ANSWER |
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| 6102. |
17. Sakshi, Soni and Sushi were partners sharing profits and losses inthe ratio of 5.2:1 respectively. Their balance sheet as on31.03.2013 was as underAmountAmount(RsSundry creditors15,000 Cash in hand5000Bill Payable9,000 Bills Receivable12.500Reserve16.000 Debtor 30.000capital areLess provision 1.600 2400Sakshi50.000Stock20.000Son30 000Land54.00010 000 90.0001.30.0001.30.000Sushi retired the following adjustments are to be made:1 Stock is increased by 20%2. An amount of Rs 1.300 due from Mrs. Maya a debtor wasdoubtful and a provision for the same was required3. Outstanding power charges to be provided for Rs. 1.1004. Goodwill of the firm was raised for Rs.35,000 and is to be retainedin the business5. Retiring partner is to be paid Rs. 3,000 immediately and balance tobe settled through loan a/cPrepare(a) Revaluation A/C (b) Capital a/c of partners(c) Balance sheet of the firm |
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Answer» Answer: The value of \sqrt{2.5} 2.5
and for referring the STEPS refer figure. Step-by-step explanation: Given : NUMBER square ROOT of 2.5. To find : Find the square root of 2.5 correct to three decimal places in long division? SOLUTION : We find the square root of the number √2.5 by long division method. When we square root the number 2.5 by division. Refer the attached figure for the steps to be follow. √2.5 = 1.581 Rounding up to three decimal places. √2.5 = 1.581 Therefore, The value of √2.5 = 1.581 |
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| 6103. |
An underwriter may reduce his burden of buying shares through entering an agreement with another person calledUnderwriterbrokerpromotersub-underwriter |
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Answer» Answer: Explanation: As broker is a PERSON who purchase and sale SHARES on behalf of ANOTHER person |
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| 6104. |
calculate the discounted pay back period from the following information. cost of project =60000, life of the project=5years ,annual cash inflow =20000 ,cut of rate =10% |
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| 6105. |
Provision for debt was to be made equal to debtors meaning |
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Answer» Answer: A provision for doubtful debts was to be MADE equal to 5% of the DEBTORS??? what does it MEAN how to treat this?? ... But now as the adjustment says that provision has to be created and that too up to 5% of debtors (i.e. RS 1,500), so this certainly means that the amount of good debtors has reduced by Rs 1,500. hope it HELPS you
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| 6106. |
Mr.H Starts business with Rs 15,000 on20thJanuary 2019. of this he paysRs.10.000 into hisBank a/c. Histransactions during the monthwere as follows:2019 Jan 21 Purchasod goodsfor cash Rs 50024 sold goods for cash RS:95028 Paid wages RS 150 compile the simple cash book of Mr.H |
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Answer» Answer: 31, 600 will be the answer to the QUESTION Explanation: |
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| 6107. |
2)Distinguishbetweencashandcredittransaction. |
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Answer» A cash transaction is a transaction where PAYMENT is SETTLED immediately. On the other hand, payment for a CREDIT transaction is settled at a later date. ... That can also be classified as a cash transaction because you PAID immediately. |
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| 6108. |
Situation with result of communication transactions |
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Answer» Answer: COMMUNICATION takes place Then, indicate the RESULT of the communication transaction and tell whether it is successful or not by WRITING the elements that made It so and specify its function on the third column. Explanation: I just hope my answer will help u a lot.And PLZ MARK me as a brainliest |
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| 6109. |
prime cost rs 54000,row material consumed rs.18000,direct expens sasses rs 12000 what is amount of direct wages? |
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Answer» Answer: PRIME COST - Raw materials +Direct EXPENSES = Wages 54000- 18000+12000= 24000 |
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| 6110. |
prime cost rs 54000,row material consumed rs.18000,direct expenses rs 12000 what is amount of direct wages? |
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Answer» Answer: I can't UNDERSTAND your questions OK Can you give the QUESTION |
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| 6111. |
Journal entry- PURCHASED GOODS FOR 10000 and 6% cgst and 6%sgst From M store |
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Answer» Answer: follow me and make my answer brainlist plz plzzzzzzz plzzzzzzz plzzzzzzz plzzzzzzz plzzzzzzzzzzzz make sure.. Pass entries in the books of Mukerjee & Sons. assuming all TRANSACTIONS ... MARCH 1, Purchased goods for ₹ 5,00,000 from Mehta Bros. ... (SOLD goods plus 6% CGST and SGST each). |
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| 6112. |
The net profit of X,Y and Z for the 31 March 2016 at the end of the year was ₹ 60000. |
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Answer» .... COULD you please TELL me... what WEE have to find out in this question???? |
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| 6113. |
9. Journalise the transactions given below.(i) A sum of 5.000 is received from Akbar against a debt previously writen off.(ii) Goods worth 2,000 lost by theft insurance company admits claim in full,(iii) Amount of 600 due from Salim writen off as a bad debt.(iv) A cheque for 1,500 received from a customer is dishonoured.(v) Arvind who owes * 2,500 pays * 2.250 in full settlement.10. Give journal entires for the following |
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Answer» Answer: i. cash Dr. 5,000 ii. Goods lost by theft Dr. 2,000 To Purchase a/c 2,000 cash Dr. 2,000 To Goods lost by theft 2,000 iii. Bad debts - Dr 600 To Salim 600 iv. Customer Dr 1500 To Bank 1500 v. Bank Dr 2250 Discount allowed Dr250 |
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| 6114. |
Characteristics of partnership?? |
Answer» Nine CHARACTERISTICS of partnership
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| 6115. |
2)identify the two aspects from each of the following transactions:1. Started business with cash S00002.Rent received 40003. Wages paid 3000 |
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Answer» _____________________________ |
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| 6116. |
What do you mean by ledger? |
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Answer» Answer: a LEDGER is a book CONTAINING accounts in which the classified and summarise information from the journal's is posted as debits and credits PILLAGER contains information that is required to prepare financial STATEMENTS include this accounts for assets liabilities owner's equity revenues and expenses |
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| 6117. |
Actual meaning of petty cashbook in simple words..... |
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Answer» April 26, 2020. The petty cash BOOK is a RECORDATION of petty cash expenditures, sorted by DATE. In most cases, the petty cash book is an ACTUAL LEDGER book, rather than a computer record. Thus, the book is part of a manual record-keeping system. |
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| 6118. |
You are given the following informationTrade creditors on Jan 201925000creditors on 31st Dec 201945000Debtors on 31st Dec 201990000Stock turnover ratio5 timesSales 500,000Gross Profit 20%on salescash purchases 350000Calculate Average stocks, purchases, Avg Payment periodAvg collection periodd and creditors turnover ratio |
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Answer» jhfxhsydxhxkgxfxgchchg |
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| 6119. |
Write up.journaland.post.the.following.transaction.to.the.ledger.accounts.and.balance.the.a count2019 |
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Answer» which TRANSECTION Explanation: which transection |
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| 6120. |
A 25 KVA transformer has soo turns on theprimary and so turns on secondary. Theprimary is connected to 3000v, Sotl2Supply. Find the full load correntprimary and secondary currents (secondaryenf andNeglect leakage drops and no loadprimary correntmaximum flun in the core. |
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Answer» Answer: 5 KVA transformer has soo turns on the primary and so turns on SECONDARY. The primary is CONNECTED to 3000v, Sotl2 Supply. FIND the full load corrent primary and secondary currents (secondary enf and Neglect leakage drops and no load primary corr Explanation:5 KVA transformer has soo turns on the primary and so turns on secondary. The primary is connected to 3000v, Sotl2 Supply. Find the full load corrent primary and secondary currents (secondary enf and Neglect leakage drops and no load primary corr |
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| 6121. |
Journalise the following transactions in the books of Rajan of Delhi() Sold goods to Krishna of Delhi at the list price? 20.000 less trade discount 10. add CGSTand SGST 9 each and allowed cash discount 5. He paid the amount immediately |
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Answer» Answer: mark me as a brainlest ans and FOLLOW me PLS dear PLZ i NEED ur HLP plz mark me as a brainlest ans and follow me pls dear plz i need ur hlp |
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| 6122. |
(ii) Shyam has been defeated in a pending court case regarding a liability. Which typeof liability is this and where is this shown in the Balance sheet?A9% of this |
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Answer» the PICTURE is missing thanks for the FREE points Mark me as the brainliest Follow me Bye |
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| 6123. |
RationisQ. Enter the following transactions in the Journal of M/s Tripathi Bros. :-₹20191,500Jan. 6 Sold goods for cash8 Sold goods to Hari14 Received cash from Hari26 Received Commission27 Paid Salary to Gopal28 Received cash from Hari29 Withdrew cash from office for personal use30 Wages paid30 Bought Machinery for Cash36,00030,00018,0007501,20012,0004,0007,2008,0005,00012,000[Ans. Total 1,17,150.] |
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| 6124. |
2. In the insurance premium Rs.2, 000 of the life insurance premium of Gopin areincluded. |
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Answer»
2. In the INSURANCE PREMIUM Rs.2, 000 of the LIFE insurance premium of GOPIN are included.
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| 6125. |
Which item is not recorded in process accounts? options1Direct Material / માલસામાન2Direct Labour / મજૂરી3Power and Fuel Expense / બળતણ ખર્ચ4Donation / દાન ખર્ચ |
| Answer» DONATIONS is not RECORDED in PROCESS ACCOUNTS | |
| 6126. |
Bharat and Bhushan are partners in a firm sharing profits in the ratio of 2: 1. On 1st April, 2020, their capitalsare 2,00,000 and 1,00,000 respectively. On that date, they admitted Smriti as a partner for1/5th share in future profits. New profit-sharing ratio of Bharat, Bhushan and Smriti will be 3:1:1. Smritibrought 80,000 as her capital and * 30,000 as her share of premium for goodwill.Pass Journal entries and show Capital Accounts of all the Partners. |
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Answer» Endoplasmic RETICULUM (ER), in biology, a continuous membrane system that forms a series of flattened SACS within the cytoplasm of eukaryotic CELLS and serves multiple functions, being important particularly in the synthesis, folding, modification, and transport of proteins . All eukaryotic cells contain an endoplasmic reticulum (ER). In animal cells, the ER usually CONSTITUTES more than half of the membranous content of the cell. Differences in certain physical and functional characteristics distinguish the two types of ER, KNOWN as rough ER and smooth ER. mark me as brainliest |
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| 6127. |
Assets will be be equal to capital if there is no liability |
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Answer» Yes, this is correct. Explanation: ASSETS = Liabilities + CAPITAL If liabilities = 0 then, Assets = 0 + Capital => Assets = Capital. |
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| 6128. |
Purchase goods from sandia worth ₹2000 and give him a cheque for amount |
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Answer» ,2477')5#)-86_8: vobxapgslgsnlfoucslj |
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| 6129. |
Calculate Goodwill by capitalization of profit method. (1) average profit. 72025 (2) capital employed. 2,95,238. (3) normal rate of return on capital 10%. (4) managerial remuneration 10,000 P.A. |
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Answer» Answer: 72,025-10,000=62025×100/10=6,20,250 620250-295238=325012 |
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| 6130. |
Share in profit and participation in management is the expectations of? |
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Answer» Your answer |
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| 6131. |
Cash depoisted in bank 10000 how to make two accounts |
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Answer» Explanation: Bank a/c. DR. To CASH a/c. NOMINAL accounts Hope it helps you. |
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| 6132. |
Cash depoisted in bank 10000 all transaction |
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Answer» Answer: Explanation: Bank a/c. Dr. 10000 To CASH a/c. 10000 Hope it HELPS you. |
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| 6133. |
retirement takes place at any time of accounting period but death takes place only at the end of accounting year (true or false) |
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Answer» Answer: false Explanation: it TAKES place in ACCOUNTING seconds of your LIFE |
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| 6134. |
3. Raghunath had the following transactions in an accounting year:(1) Commenced business with cash 50,000.(i) Paid into bank *10.000.(11) Purchased goods for cash 20,000 and credit * 30,000.(iv) Sold goods for cash 40,000 costing * 30,000.(U) Rent paid 500.(ui) Rent outstanding * 100.(vii) Bought furniture # 5,000 on credit.(vii) Bought refrigerator for personal use 5,000.(ix) Purchased motorcycle for cash 20,000.Create an Accounting Equation to show the effect of the above and also show his balance sheet. |
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Answer» Answer: CAPITAL A/c.......Dr. 50000 To CASH A/c. 50000 Bank A/c.......Dr 10000 To Cash A/c. 10000 Rent A/c.......Dr 500 To Cash A/c 500 |
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| 6135. |
39.To produce one unit of 'A', two ingredients, i.e., 2 Kgs. of X and 3 Kgs. ofY are required :Stock levels Opening ClosingA (Units)5,0008,000X (Kgs.)11,00014.000Y (Kgs.)18,00021,000what will be the quantity of consumption of ingredients X and y if 20000 units of A are sold |
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Answer» hgbcvjjkjbvcfvbbvcuiikjvvcsssru |
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| 6136. |
The following balance are extracted from the books ofRanmdass on 31" December 1958. Prepare a Trial BalanceRamdass Capital15,000 Discounts (Dr.)800Discounts (Cr) 1000Ramdass Drawings 2,500Furniture and Fittings 1,300 Bank overdraft 2100 General expenses2,000Sundry creditors 5500 Salaries4,500Business Premises 10,000Commission (Dr)2100Stock (1 Jan. 1958) 11,000 Carriage on purchases 900Sundry Debtors 9,000 Reserve for bad anddoubtful debts1,000Rent from tenants 500Purchases55,000Sales75.000Return Inwards 1.000 |
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| 6137. |
on 1st Jan 2015 , nikhil purchased a machinery for 42000 . the estimate life of the machinery is 10 years after which it's residual value will be 2000 . on 1st July 2016 , another machine was purchased for 9400 . find out amount of annual depreciation on the fixed installment method and prepare machinery account for the first five years . accounts are closed on 31st December every year ... PLEASE TELL ME RIGHT ANSWER .... PLEASE |
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Answer» Answer: On 30TH April 2005, PLANT costing Rs 20,000 and its ESTIMATED life is 8 years. Out of the ORIGINAL plants purchased on 1st Jan. 2003 one ... |
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| 6138. |
Which of the following provides a correct measure of the opportunity cost of capital regardless of the timing of cash flows?A. Arithmetic averageB. Geometric averageC. Hyperbolic meanD. Opportunistic meanExplain the reason. |
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Answer» OPTION A IS YOUR ANSWER |
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| 6139. |
X,Y and Z are partners in a firm sharing profits & losses in the ratio 5:3:2. On 31.03.2020 their Balance sheet was as follows:Liabilities Assetscapital a/c(s) Building. 50,000 X 75,000 Patents. 15,000 Y 62,500 Machinery 75,000 Z 37,500 Stock 37,500Total 1,75,000 Debtors 20,000Sundry Cash at creditors 42,500 bank 20,000Total of balance sheet 2,17,500a) Z died on 31. 7. 2000. Goodwill to be valued at 2.5 yrs purchased of the avg. profits of last 4 yrswhich were: 32,500; 30,000; 40,000 and 37,500.b) Machinery be valued at 70,000.Patents at 20,000 & Building at 62,500.c) For the purpose of calculating Z's share of profits in the year of his death the profits of 2020-21 should be taken to have been accrued on the same scale as in2019 -2000.d) A sum of 17,500 was paidimmediately to the executors of Z & the balance was paid in 4.5 yearly installments together with interest at 12% per annum starting from 31.01 2021. Give necessary journal entries to record the above transactions &Z's executor a/c till payment of due on 31.01.2021. |
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Answer» Answer: jsjfjfkmtnynkdbakf 7r9o484873in drawing.z s Ben and 644colours you doing sister in ENGLISH written tiger extinct the ASSEMBLY please mam and short hair is the REAL princess Diana in english written tiger extinct the assembly please mam and short hair is the real princess Diana in english written tiger extinct the assembly government has made the lefe Faizan shaikh has made the lefe Faizan shaikh has made a speech to make an APPOINTMENT |
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| 6140. |
Exercise 9:You are given the following data:Fixed expenses OMR. 4,000Break-even point OMR. 10,000BEPCalculate--concinetics60006666aloo 90%Xlo.Solivy prie(i) PV ratio10100fii) Profit when sales are OMR. 20,000(iii) New break-even point if selling price is reduced by 20% |
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Answer» wy1910auteur821st and LIKE my VIDEO please ma ape FREE bc do you please follow me please follow me |
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| 6141. |
...is a finanical reporting period shorter than a full finanical year |
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Answer» not possible to PROVIDE answer Explanation: please provide full information, QUESTION is INCOMPLETE. |
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| 6142. |
10. The following transaction are given:February | Goods purchased from Kamal for Rs. 35,000February 2 Sold goods to Gita for Rs. 45.000 and partial payment receivedby cheque Rs. 25,000February 8 A computer worth Rs.30.000 purchased on credit.February 10 Cash Rs. 6,000 withdrew by owner for payment of his lifeinsurance premium.February 15 Goods destroyed by fire of Rs.15.000 and claim admitted byinsurance company Rs. 8.000February 16 Received cash from Gita after deducting 5% discount.Required: i) Journal entries in Gita's account |
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| 6143. |
Invested Rs.Rs. 50.00040.000fromindoBank.business & borrowed.for businesspurpose |
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Answer» OKKKKK(kkkkkkkkkkkkkkkkkk but what we have to do |
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| 6145. |
Errors and rectification are really tough pls help me to solve the sum. |
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| 6146. |
The financial interest of owners is called |
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Answer» Answer: The financial interest of the OWNER of a BUSINESS; also called proprietorship or net worth Explanation: MARK AS BRAINLIEST |
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| 6147. |
You are given the following data:Fixed expanses 4,000Break- even point 10,000Calculate 1- PV ratio2- profit when sale are 20,0003- new break-even point if selling price is reduced by 20% |
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Answer» 1) 6000/10000* 100 = 60% 2) 20000-10000=10000 3) 10000-2000= 8000 |
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| 6148. |
In a business letter ,in accuracy destroys *confidenceclarityconvincingbrevity |
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Answer» convincing Explanation: HOPE HELPS MARK me BRAINALIST |
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| 6149. |
Types of debentures ??????? |
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Answer» The major TYPES of debentures are: Registered Debentures: Registered debentures are registered with the COMPANY. ... Bearer Debentures: ... Secured Debentures: ... Unsecured Debentures: ... REDEEMABLE Debentures: ... Non-redeemable Debentures: ... Convertible Debentures: ... Non-convertible Debentures....Mark Brainlist Selected my QUESTION Please dhyan se. Mark THANKS all my Question who is right |
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| 6150. |
1. What is Accounting? What are its functions? -Explain |
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Answer» Answer: An accountant PERFORMS financial functions related to the collection, ACCURACY, recording, analysis and presentation of a BUSINESS, organisation or company's financial operations. In a smaller business, an accountant's role may consist of primarily financial data collection, ENTRY and report generation. |
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