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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.
| 6201. |
The distance between the points (-1- U and (5,-7) is.. |
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Answer» APPLY the distance FORMULA and GOT your answer pls mark me as brainliest |
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| 6202. |
Rakesh carries on bussiness as a furniture manufacturer . prepare trading and profit loss account and balance sheet from following balances as on 31st marcg 2014 |
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Answer» I don't KNOW everything as I am in 6th standard. Hope you understand. Explanation: |
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| 6203. |
What's a fixed asset |
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Answer» Answer: Fixed assets, also known as tangible assets or property, plant and equipment, is a TERM USED in accounting for assets and property that cannot easily be converted into cash. This can be compared with CURRENT assets such as cash or BANK accounts, described as LIQUID assets |
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| 6204. |
Give the specimen of debit and credit note |
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Answer» Answer: Debit Note is a document/voucher GIVEN by a party to other party stating that such other party's ACCOUNT is debited in the BOOKS of sender. For example: A trader “ABC” PURCHASES goods from “XYZ”. ... Therefore ABC sends a debit note amounting to Rs. 10,000 to XYZ stating that he has debited his account in his books. |
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| 6206. |
Themanagemen accounting can be stated an extension of |
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Answer» Management accounting is CALLED EXTENSION of cost accounting. |
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| 6207. |
T* 1,85,333 & G* 30,333, Total of Bank A/c < 4,40,8(A). Arnab, Ragini and Dhrupad are partners sharing profits in the ratio3:1:1. On March 31st 2015, they decided to dissolve their firm. Onthat date, their Balance Sheet was as under.Balance Sheet of Arnab, Ragini and Dhrupadas at 31st March, 2015 make realisation account |
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Answer» Answer:
ELECTROMAGNETIC or magnetic induction is the production of an electromotive FORCE ACROSS an electrical conductor in a CHANGING magnetic field. Michael FARADAY is generally credited with the discovery of induction in 1831, and James Clerk Maxwell mathematically described it as Faraday's law of induction. Wikipedia
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| 6208. |
What is meant by accounting voucher? explain its various types. |
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Answer» Cash VOUCHERS are the documentary evidence of both cash receipts and cash PAYMENTS. Again, Cash Vouchers are of two following types, (i) Debit VOUCHER, and (II) Credit Voucher. (i) Debit Voucher: Debit vouchers are the documentary evidence of cash payments. |
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| 6209. |
Fixed assets purchased on credit is written as.. plz answer this |
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Answer» to CREDITOR..... or. |
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| 6210. |
input @8 rs. per unit 2000 and normal wastage on input 2% and scrap value of wastage per unit is rs. 1 What will be normal loss? |
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Answer» hhhhhhhhjjjjjjjjjjj |
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| 6211. |
Write the steps to write simple mathematical expression in word 2010 |
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Answer» Answer: okkkkkkkkk Explanation: FIRST you have to follow me mark me brinllate and GIVE thanks also |
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| 6212. |
a) depreciation b) reserve c) provision d) provision on discount on creditors. which of the above maybe invested outside the business to earn income |
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Answer» Answer: B is the correct OPTION. I think Explanation: PLEASE mark me as BRAINLIEST and follow me |
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| 6213. |
Problem:do the accounting equation of varun traders fromthe following information1 )commenced business with cash 200,0002) Paid into bank 20003) Bought machinery from Geetha 20004) purchased furniture 1000 from Arunn on credit. 5)sold goods 6006) Rent recieved 1000 |
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Answer» Thanks for your FREE points... |
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| 6214. |
Each transaction is first entered in the |
Answer» Each TRANSACTION is FIRST entered in the journal.plz mark me as brainliest... |
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| 6216. |
Ku LouhR 80,0goodSald OsOn credit to m/s Gupta PradersgoodleR 12.000 this problem naretion |
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Answer» kytedrbhnfjkeukrsn I can't UNDERSTAND you Explanation: FOCC focc focc |
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| 6217. |
It was found that closing stock of finished goods of previous year was undercast by rupees 8950? |
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Answer» give FULL QUESTION .... nothing is UNDERSTANDABLE from above |
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| 6218. |
Give one example of each of the following transactions:(2M) (i) Increase in an asset and a liability.(ii) Decrease in an asset and a liability.(iii) Increase in assets and capital.(iv) Decrease in assets and capital. |
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Answer» i think (i) INCREASE in an ASSET and a liability . i think it is HELPING you please mark me as brainliest |
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| 6219. |
Types of issue of shares? |
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Answer» Answer: SHARES can be ISSUE by TWO ways shares issue on premium shares issue at PAR |
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| 6220. |
30. From the following balances, prepare the Trading and Profit and loss account and the Balance Sheet:ParticularsRs ParticularsSales9,20,000 PostagePurchases6,83,000 Miscellaneous expensesReturns inward13,000 Bad debtsReturns outwards22,000 DebtorsStock on 1" april, 20171,76,000 CreditorsCarriage inwards24,000 Loan from sahilRent22,000 CapitalDiscount37,500 DrawingsPrinting7,200 Business premisesInsurance5,000 | Office furnitureTravelling expenses14,000The stock on 31" march, 2018 was valued at Rs 2,40,000Rs6,2009,0004,0002,20,0001,28,00050,0005,25,00019,1003,90,00015,000 |
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Answer» 5900 is the CORRECT answer |
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| 6221. |
?13. Which of the following material is called indirect material?a) Yarn used in weaving industryb) Wood used in making woodenfurniturec) Oil Used in running machineryd) Sugarcane used in making Sugar. |
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Answer» Oil used in running machinary Explanation: becoz all the other OPTIONS CONTAIN DIRECT machinary and also IMPORTANT object/ material |
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| 6222. |
If current ratio 2:1 Purchase of stock in trade on credit. What is the results |
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Answer» siooooorrrrrrrrrrryyyyyyyyy bbbbbrrrrrrooooo |
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| 6223. |
23. A company purchased machinery for Rs 200000 on 1st Apr 2016. The machinery is depreciated @10% per annum of cost on 1st October 2016 The machinery was sold for Rs 120000 Draw the machineryaccount for the year ended 31st March 2017 2018 and 2019 |
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Answer» Answer: PLEASE FOLLOW me mark me brinllate give thanks ALSO |
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| 6224. |
...Plant and Machinery A/c Dr. 1,25,000To Cash A/c 10,000To Ramjee lalTELL THE NARRATION OF THIS |
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Answer» Answer: Narration (i.e. EXPLANATION). RS. ... ADVANCE of Rs. 10,000 in cash is paid to M/s Ramjee Lal. Analysis of ... Plant and Machinery A/c. DR. 1, 25,000. To Cash A/c. 10,000. To Ramjee Lal. |
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| 6225. |
Ques no.24: कर्मचाऱ्यांना रास्त वेतनदेऊन कार्य प्रेरणा मिळते.बरोबरचूकPreviousNext |
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Answer» LVO jkhhdhfhssglzsflhzsflzrlzgzzhlyyldyptzyyyzp Explanation: 818i1i818quauququ181818 |
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| 6226. |
Lid purchased a machine worth 8.00.000 as ist January, 2016. On 1st July, 2017purchased a new machine for ? 2.60.000 and spent 40.000 towards its cartage andinstallation. On 1st October, 2018 it purchased another machine for 180.000 and spent?30.000 for its installation. The machine purchased on 1st July 2017 was sold off on 31stMarch 2020 for 1.55.000. Depreciation is charged 15 pon straight line methodPrepare Plant and Machinery Account for 5 years, assuming that books are closed on 31stManch every year(Ans. Balance of Machinery Ac? 4.45,000 Loss on sale of machinery21.250) |
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Answer» Answer: |
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| 6227. |
What is the journal entry of good use for own office |
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Answer» Answer: Given "Goods taken for office use" This transaction affects two accounts Purchases a/c , cash a/c..where Purchases is a nominal account(all expenses incomes gains losses come under nominal account) , cash is a REAL account.(All assets and Liabilities come under Real account).. The Three GOLDEN rules of accounting are Personal account - Debit the receiver , credit the giver Real account - Debit what comes in, credit what GOES out Nominal account- Debit All expenses and losses, credit all incomes and Gains As Per the above rules..since Purchase is expense should be debited and cash is going out should be credited.... The Journal Entry will be.. Purchases a/c. Dr. xxxx To cash a/c xxxx (Being Goods Purchased for cash) Explanation: mark me as a Brainliest PLS |
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| 6228. |
Benu and sunil are partners in a firm sharing profits in the ratio 3:2 on april 1,2017 . Ina was admitted for 1/4 share who paid rs 2,00,000 as capital .at the |
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Answer» jjjjjjjjkjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj jjjjjjjjkjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj |
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| 6229. |
What is accounting in simple word? |
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Answer» Answer: Accounting is the PROCESS of recording financial transactions PERTAINING to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a COMPANY's operations, financial position and CASH flows. |
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| 6230. |
Find mid value of each class of the following frequency distribution. |
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Answer» Answer: 30 Explanation: 30 25 - 49 Hope its HELP you PLS pls MARK as BRAINLIEST |
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| 6231. |
should you pass any entry on dissolution for the payment of creditors worth rupees 3000 if they accept stock of the same value ? |
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| 6232. |
Received commission ₹2000 and interest ₹1000 |
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| 6233. |
19. Calculate total purchasesOpening CreditorsClosing CreditorsCash paid to creditors during the yearCash Purchases30,00050.00060,00020,000 |
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Answer» Answer: 160000 Explanation: 30000 50000 60000 20000 answer is -160000(addition) because we have done addition . why we did ADDITION ? Because in the Question they have written calculat so if they write CALCULATE we should do plus or multiple the NUMBER here l did plus . |
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| 6234. |
Qualitative characteristics of accounting information are : *a.Reliabilityb.Understandablec.Relevanced.All of thesee.Other |
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Answer» realibility,UNDERSTANDABLE,RELEVANCE |
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| 6235. |
received from om prakash in settelment of an account of 10000,1800 in cash and a cheque of 8000.the cheque was immediately deposited in bank. What is the tripple column cash book entry for this transaction? |
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Answer» RSS rh5yrjhffwbwhty4ngeegn |
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| 6236. |
32) Detine Avanting Standards Explain itsany two objectives? |
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Answer» Accounting STANDARDS (AS) are basic policy documents. Their main AIM is to ENSURE transparency, reliability, consistency, and comparability of the financial statements. They do so by standardizing accounting POLICIES and principles of a nation/economy. |
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| 6237. |
Monica started a business on 1st January 2018. The following are her transactions:- Jan 1st: capital $20,000 was paid into a business bank account.- Jan 2nd: paid rent $500 by cheque- Jan 4th: returned goods $100 to Jake- Jan 7th: sold goods $1700 on credit to Clara- Jan 9th: paid $3000 by cheque to Jake- Jan 12th: Clara paid $1000 by cheque- Jan 13th: paid office expenses in cash $20- Jan 14th: cash sales $1500- Jan 15th: cash withdrawn for personal use $500Record the above transactions using the double-entry system, T accounts, and bring down the balance on 1st Feb 2018 |
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Answer» PAID salary ₹ 500 and salary outstanding being ₹ 100. (vi) Bought MOTORCYCLE for PERSONAL use ₹ 5,000. Answer: S. No. Explanation: GIVE thanks |
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| 6238. |
under accounting equation approach all accounts are divided into into five categories namely assets , liabilities , capital |
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Answer» The ACCOUNTING equation STATES that, Assets = LIABILITIES + Capital |
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| 6239. |
Briefly describe the three functions of accounting? |
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Answer» Answer: Functions of Accounting are; CONTROL of financial policy, and formation of PLANNING, preparation of the BUDGET, cost control, evaluation of EMPLOYEES' performance, Prevention of errors and frauds. analysis of the interested parties, INCLUDING the management. |
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| 6240. |
Adjustment of sales includes sales of machinery sold on 1-10-19 |
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Answer» SALES included in SALE of machinery 1st effect less from sales 2nd effect less from machinery |
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| 6241. |
Labour turnover and it's methods..... ??? |
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Answer» There are three principal methods of measurement of labour turnover which may be summarised as follows: Separation Rate METHOD: This method takes into consideration the number of WORKERS left or discharged during the PERIOD. ... Replacement Rate Method: ... Labour FLUX Rate Method: Explanation: mark as brainlist.. |
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| 6242. |
In the event of death the combined share of profit of the continuing partners will decrease state true or false with reason |
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Answer» FALSA Explanation: |
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| 6243. |
Abhi started business on 1 April 2019 with capital Rs. 300000. On 31st March 2020 his total assetsamounted to Rs. 540000 and liabilities to Rs. 120000. Find out the amount by which his capital hasincreased as on 31st March 2020. |
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Answer» Explanation: CAPITAL on 1st April 2019 = 300000 capital on 31st MARCH 2020 = TOTAL assets - total LIABILITIES = 540000 - 120000 = 420000 Increase in capital = 420000 - 300000 = 120000 |
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| 6244. |
Q.1 from the following transaction prepare purchase book, sales book, sales return book, purchase return book in the book of Shri Radha Krishna stores?2020September ,1. purchase goods of rupees 60,000 from ramanuj at 10% trade discount. bill number 120.4. purchase good of rupees 24,000 from nirmi at 10% discount.6. sold good of rupees 30,000 to Suresh at 5% trade discount and 3% cash discount on Bill number 350 |
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| 6245. |
Income is measured on the basis of *a.Matcing conceptb.Consistencyc.Costd.Non of the above |
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Answer» a. Matcing concept an IMPORTANT OBJECTIVE of it is to DETERMINE profit (income) hope this HELPS you |
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| 6246. |
Income is measured on the basis of *1 pointMatcing conceptConsistencyCostNon of the above |
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Answer» Matcing concept Explanation: HOPE THIS HELPS YOU!!!! IF YOU LIKE THIS ANSWER PLS MARK ME AS THE BRAINLIEST !!! AND DO FOLLOW ME!!! |
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| 6247. |
Distinguish between book-keeping and accounting? |
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Answer» ACCOUNTING is the process by where a company's financials are recorded, SUMMARIZED, analyzed, consulted and reported on. Bookkeeping is the RECORDING part of this process, in which all of the FINANCIAL TRANSACTIONS of the business (consisting of income and expenses) are entered into a database. |
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| 6248. |
Define the concept of return of out ward |
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Answer» Answer: Returns outwards are GOODS returned by the customer to the supplier. For the supplier, this results in the following ACCOUNTING transaction: A debit (reduction) in revenue in the amount CREDITED BACK to the customer. |
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| 6249. |
A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs. 3,000 respectively. After due notice 1,000 shares of Rs. 10 each were forfeited from Rahul. The amount to be credited toFirst Call Account at the time of entry for forfeiture will be(a) Rs. 2,000 (c) Nil(b) Rs. 3,000(d) Rs. 10,000 |
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Answer» Answer: oh BC me accounts wala NAHI hu MATHS wala hu gajab BEZZATI hai yar Explanation: |
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| 6250. |
PROBLEM 1Do children from socio economic, status(SES)(IV)background attain higherachievement levels (DV) than childrenfrom low SES backgrounds?PROBLEM 2Do children who learn to read viaReading Mystery (IV) attain higherachievement level (DV) that childrenwho learn to read via a whole languageapproach?1.What would make this experiment" acausal-comparative study?2.What made an educational researcher want to make this a causal-comparative study? |
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Answer» .......,,,,,......,... |
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