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.
| 6301. |
Cement Masters has entered an agreement with Meadow Golf Club to construct a new path for $200,000. With this agreement is a potential bonus payment of $40,000. This performance bonus is will be paid in full if the project is completed by the agreed upon date. Otherwise, the payment amount will decrease by $10,000 per week for each week beyond the agreed upon date. Experience by Cement Masters' project manager leads him to estimate that there is a 55% probability the project will complete on time, a 30% probability the project will be 1 week late, and 15% probability the project will complete 2 weeks later than the agreed upon date. |
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Answer» Cement Masters has ENTERED an agreement with Meadow Golf Club to construct a new path for $200,000. With this agreement is a potential bonus payment of $40,000. This performance bonus is will be paid in full if the project is completed by the agreed upon date. Otherwise, the payment amount will DECREASE by $10,000 per week for each week beyond the agreed upon date. Experience by Cement Masters' project manager LEADS him to ESTIMATE that there is a 55% probability the project will complete on time, a 30% probability the project will be 1 week late, and 15% probability the project will complete 2 weeks later than the agreed upon date. Hope this helps Mark as BRAINLIEST ♥️♥️ |
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| 6302. |
Model paper third exam mate |
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Answer» !!! |
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| 6303. |
Differentiate between Capital Receipts and Revenue Receipts on the basis ofthe followinga) Source(b) Nature- |
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Answer» Answer: CAPITAL=LIABILITIES REVENUE=INCOME Explanation: ACCORDING TO DEBIT AND CREDIT RULE i.e capital is an liabilities as cash transaction and revenue as the income |
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| 6304. |
Withdraw from bank for paying income tax in cash book......is it a contra entry? |
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Answer» Also it your are MAKING preparing cash BOOK , then contra entry will be done for it as in the first HAND U R withdrawing the cash Hope this helps ❤️ Mark as brainliest ❤️ |
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| 6305. |
Cumulative preference divided which head and side |
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Answer» If the COMPANY has declared any DIVIDEND on its cumulative preference SHARES, then the same must be accounted in the Balance Sheet under the MAIN head 'Current Liabilities' and sub-head 'Other Current Liabilities'. |
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| 6306. |
Who is the father of modern accountancy |
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Answer» Answer: Hope this will HELP you Explanation: PLS mark as BRAINLIEST |
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| 6307. |
Admission of a Partnerand B are partners in a business. The Balance sheet of the partners was asxfollows:LiabilitiesRs.Rs.AssetsCreditorsBills PayableProfit & Loss A/cCapital1,40,00060,0001,00,000GoodwillMotor CarStockDebtorsCash and Bank40,0001,60,0004,00,0003,60,00040,0004,00,0003,00,00010,00,00010,00,00046,00Cis admitted for th share on the following terms:(0) Goodwill is valued at Rs. 80,000 and 'C' can bring only Rs. 6000 cash for hisshare of goodwill.@ Cis to bring Rs. 1,50,000 as his capital(ii) Motor car is valued at Rs. 2,00,000; stock at Rs. 3,80,000; and debtors atRs. 3,50,000Pass Journal entries and prepare Revaluation account, capital accounts andBalance sheet after C amiccion |
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Answer» FIRST we ADD all the no.then SUBTRACT by Rs.3,50,000 and then divide7 .your and will CAME |
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| 6308. |
Nature of branch adjustment account |
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Answer» Hey dude your ANSWER is Branch Adjustment Account DEFINITION: Branch adjustment account is prepared with a VIEW to ascertain the GROSS profit of the branch. Hope this helps ❤️ Mark as brainliest ❤️ |
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| 6309. |
Postage and telegram should be posted in which account or balance sheet in final accounts |
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Answer» in the ACCOUNTS of MANAGEMENT |
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| 6310. |
27. 31.03.2018 को एक तलपट में निम्न सूचनाएँ दी गयी है।Debtors0 2,00,000 रू.Bad debts12,000 रू.Provision for bad debts -20,000 रू.अन्य सूचनाएँ-(1) अतिरिक्त डूबत ऋण - 4000रू.(ii) देनदारों पर संदिग्ध एवं डूबत ऋण आयोजन 10% बनाना है।डूबत ऋण आयोजन खाता बनाइए व अन्तिम खातों में दर्शाइए। |
| Answer» HI UNCLE what are U doing . Thinara | |
| 6311. |
Calculation of p&l suspense |
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Answer» In case of Death of a partner, Share of DECEASED partner in the PROFITS or LOSSES of the firm (till the date of his/her death) is paid through Profit and LOSS SUSPENSE Account. At the time death of a partner, Profit and Loss A/c will not be debit/credit because, it is not possible for the firm to alter the books during the year, thus on the date of death a partner Profit and Loss Suspense A/c is debited/credited. ________________________ |
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| 6312. |
Stration 1.निम्नलिखित दशाओं में बिल की देय तिथियाँ ज्ञात कीजिए।(Calculate the due date of the bills in the following cases)क्र.सं. बिल की तिथि (Date of Bill)अवधि (Period)1 जनवरी,20172 माह28 जनवरी,20171 माह30 जनवरी,20171 माह(iv)30 अप्रैल,20162 माह30 अप्रैल,20163 माह1 दिसम्बर,201660 दिन28 दिसम्बर,20072 माह(viii) 23 नवम्बर,20162 माह90 दिन(xi)14 मई,2016(ii)(iii)(v)(vi)(vii) |
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Answer» 2 माह 30 अप्रैल,2016 3 माह 1 दिसम्बर,2016 60 HOPE THIS HELPS ❤️ PLEASE MARK AS BRAINLIEST ❤️❤️ |
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| 6313. |
Show the direct ledger postings for the following transactions, 2018June 1 Raja.commenced business with cashRs. 50,0006 Sold goods for easyRs. 8,0008 Sold goods to Devi on creditRs. 9,00015 Goods purchased for cashRs. 4,00020 Goods purchased from Shanthi on credit Rs. 5,000 |
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Answer» Here is the Answer. Explanation: |
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| 6314. |
What is the meaning of New position for given scrip are not allowed for member ?? |
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Answer»
national stock exchange in case of violation trading MEMBER is not allowed to INCREASE OPEN POSITION in the security / index which position is EXCEED |
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| 6315. |
Personal transaction of proprietor are recorded in the books of account of business it is true or false |
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Answer» if the personal TRANSACTION of the proprietor is DONE through BUSINESS accounts then the transactions are need to show in books, for WITHDRAWAL of money/goods from business account record as drawings and in the same way deposit of money to business account as addition to capital. Explanation: if proprietor uses different account for personal and business then the answer is 'NO' |
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| 6316. |
Paid Gopal in full settlement after deducting 5% discount |
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| 6317. |
State two features of bill of exchange |
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Answer» TWO FEATURES OF BILL OF EXCHANGE ARE : |
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| 6318. |
The difference between limited liability audit and partnership audit |
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Answer» Answer: Explanation: DIFFERENCE between company and partnership AUDIT are company audit :- the member of the company are CALLED as shareholders of a comapany. partnership audit :- the member of the partnership firm are called as PARTNERS. |
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| 6319. |
4. Write about the drainage system in the Indus Valley CivilisationAnswer the following questions in detail. |
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Answer» Answer: The Indus civilization had an ELABORATE sanitary and drainage system, the hallmark of ANCIENT Indus cities., The AUTHORITIES maintained a highly efficient drainage system. Each HOUSE had horizontal and VERTICAL drains. There were underground drains for the streets. These drains were covered by stone slabs. |
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| 6320. |
Journal entry for cheque issued to ramesh |
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Answer» Ramesh A/c. DR To Bank A/c (cheque ISSUED for Ramesh) |
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| 6321. |
The profounder of double entry system of book keeping is |
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Answer» Answer: Hope it helps you . Explanation: In double-entry bookkeeping, a TRANSACTION always affects at least two accounts, always includes at least one DEBIT and one credit, and always has TOTAL debits and total credits that are equal. This is to keep the accounting EQUATION (below) in balance. |
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| 6322. |
04.2:1; (b) 3.5: 1.From the following details compute the Total Assets to Debt Ratio:Share Capital=250000General Reserve=55000Debentures=75000Cash in Hand=25000Cash at Bank=50000Sundry Debtors=50000Investments (Non-trade) NCH)50,000Fixed Assets225,000Sundry Creditors12500Capital Employed525000Ins. Total Assets to Debt Ratio 1.53 . 1.Hint: Investment is given as non-trade investment so it does not form part ofcapital employed Trade investment is a part of capital employed.. |
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Answer» Answer: 3.485:1 will be the asset to debt ratio Explanation: the data provided is not SUFFICIENT but the BEST answer that i could muster up from the GIVEN data was this |
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| 6323. |
Which of the following is not a financial statement(A) profit or loss(B) trial balance(C) balance sheet(D) statement of cash flow |
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Answer» Answer: Explanation: balance sheet is not a financial STATEMENT |
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| 6324. |
List corcumstances in which gaining ratio applied |
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Answer» Every reconstitution of partnership, e.g. admission, retirement, change in profit SHARING RATIO, leads to some sacrificing partner and some gaining partners. LIST of CIRCUMSTANCES are: Admission of a partner. Retirement of a partner. |
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| 6325. |
Goods remaining unsold at the end of the year |
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Answer» what to do with this INFORMATION of yours?? |
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| 6326. |
TUJU JUUITIUI LIILIUS IIT U Wooks or Manesn , ANKIL And MarisnPass rectifying entries in the following cases.1. Bought goods from Kamal 2000 has been recorded in thepurchases book and then debited to his account.2. Sold goods to Amit 2000 was recorded in the purchase book.3. A bill of Gopal accepted for 1500 for 2 months was passedthrough B/R/ Book.4. Sold goods to Ashok * 1200 has been posted to his account as2000.5. Annual white washing on building 4000 were debited toBuilding account.6. Goods costing 1000 withdrawn by the proprietor for personaluse were credited to Sales a/c * 1400.no non |
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Answer» Answer: Introduction: Books are our best companies because it gives us knowledge and peace of mind unconditionally. Although we have friends and family to share our thoughts and get suggestions, we think books are the best when it comes to live a LIFE full of wisdom, but no explanation. A book can be the one thing which I can read all day long leaving behind all the problems. I like books because they give us knowledge, but never expect us, or force us to remain obedient to one proven or unproven PIECE of information. Many Reasons to Love Books: These are not the only reasons that I think books are our best companies. Books also offer knowledge about different aspects of life. If you’ve to understand a concept in depth, read books. Books are well known for accurate and impartial information. Also, books are mostly written by a subject expert. This assures detailed research and information about a subject when you read a book. This is why books are always good when you’ve to get a real understanding about something. Books are the most easily accessible source of knowledge as well. If you want to read books, you can go to a library and get a book you want. I know there are faster modes of accessing information like the internet, but the internet is mainly for finding information, not knowledge. Furthermore, only a very few websites or blogs can be trusted to rely on the information you get. The internet is full of wrong information which can mislead us. This is why books are always the best option. Books are Our Best Companies: Another reason I think books are our best companies because books can keep us productively engaged. What I mean to say is reading a book is a very good habit and also a time PASS. When you read books, you develop a strong concentration power. To read a book and understand the facts, you’ve to read it uninterruptedly. This develops a habit of reading and an ABILITY to concentrate for very long hours. Books are our best companies because this is an impartial knowledge sharing process. If you’re reading books on a specific subject, you can REFER to many books written on the same subjects, but by different authors. This way you can get an idea about the different opinions of the experts, their thoughts processes and beliefs. You can then decide to follow or not to follow an ideology. The knowledge and information you get from books are therefore always impartial and more extensive. HOPE it HELPS you... MARK me as branlist ❤❤ |
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| 6327. |
Whenwith appropriate ai- family sits down -- get his share.5. Do as directed :(0) Students, “Will you listen to me, please?Ans.(ii) I do not watch television. I do not listenAns.(iii) Gandhijiaway) before the narrator went to the |
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Answer» i)No, mam ii)TELEVISION |
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| 6328. |
Residue left behind from earnings available to equity shareholders after the payment of annual dividend is called as ... Profit |
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Answer» if the earning LEFT after the payment is positive it is CALLED as profit and if earning left is NEGATIVE it is called as loss |
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| 6329. |
At the beginning of 2014, Robotics Inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was allocated to the building. Depreciation for 2014 and 2015 was calculated using the straight-line method, a 25-year useful life, and a $1 million residual value. In 2016, the estimates of useful life and residual value were changed to 20 years and $500,000, respectively. What is depreciation on the building for 2016? |
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Answer» HEYA MATE YOUR ANSWER IS using the straight-line method, a 25-year useful life, and a $1 million residual value. In 2016, the ESTIMATES of useful life and residual value were CHANGED to 20 years and $500,000, RESPECTIVELY. What is depreciation HOPE THIS HELPS ♥️ PLEASE MARK AS BRAINLIEST ♥️♥️♥️ |
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| 6330. |
A firm purchased a machine for 90000 1-7-2014 another machine was purchased for RS 100000 on 1-1-2015.the depreciation was provided at 10/% on fixed installment meth of on 30-6-2016.the first machine was sold for 52000.on the same day as new machine was purchased for 1.20000.show Machinary up to 31-13-2016 |
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Answer» what we have to FIND |
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| 6331. |
What is financial . explain it's feature? |
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Answer» the FEATURES of INITIAL when any WORK is FINISHED then calledfinishes |
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| 6332. |
Find Inventory Turnover Ratio : Op.Stock Rs.90000, Purchases Rs.270000 & Cl. Stock Rs. 110000 |
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Answer» 2.5 times Explanation:
INVENTORY Turnover Ratio = ( cost of goods sold) / average stock = 250000 / 100000 = 2.5 times Where, Cost of goods sold = opening stock + purchases + direct EXPENSES - closing stock = 90000 + 270000 + 0 - 110000 = 250000
Average stock = (opening stock + closing stock) / 2 = (90000 + 110000) /2 = 200000 / 2 = 100000 Hope it will help. Thank you
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| 6333. |
Bhwrat return goods 20 percentage of the goods bought by him on 1st March above and we gave him fresh goods in exchange |
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Answer» HEYA MATE YOUR ANSWER IS bought by him on 1ST March above and we gave him fresh goods in EXCHANGE HOPE THIS HELPS ❤️ PLEASE MARK AS BRAINLIEST ❤️❤️ FOLLOW ME |
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| 6334. |
प्रबन्ध लेखांकन क्या है |
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| 6335. |
Started business with cash ₹10000 and machinery ₹20000 |
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Answer» cash AC dr. machinery ac dr. To capital ACC. |
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| 6336. |
June 08, Issued cheque to Mr. Ahsan 9,500 full settlement of hisaccountJune 10, Paid cash to M/s Noman Traders full settlement of theiraccountJune 12, Sold merchandise to Mr. Usman 25,000June 15, Received cheque from Usman 24,000 full settlement of hisaccount and cheque was deposited into bank account on sameday. |
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Answer» Answer: June 8 mr.ahsan a/c DR. 9500 to bank a/c. 9500 June 10 m/s Noman traders a/c dr to CASH a/c June 12 mr.ushman a/c dr. 25000 to sales a/c 25000 June 15 ushman a/c dr. 24000 discount allowd a/c dr. 1000 to bank a/c 25000 bank a/c dr to ushman a/c ( NEW to accounts,so not SURE abt the answer but tried hard for answer ) |
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| 6337. |
Trade expences and general expenses are given in trial balance, how it treated? |
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Answer» Dr Explanation: |
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| 6338. |
Plss fast need it fasttt plsss i will give you 30 points find the attachment below |
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Answer» Answer: 0+1 = 1
2 -1 =1
MARK ME AS BRAINLLEST
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| 6339. |
Goods purchased on credit from saranya for rs 150 was posted to debit side of her account |
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Answer» Explanation: what's the QUESTION you ASKED... be clear about what you WANT to ASK!!!! |
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| 6340. |
How is cost accounting advantageous in determining selling price and control over selling expenses explain |
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Answer» Answer: one of the biggest advantages of COST accounting is that it will help the management with FUTURE plans they may have. for Any production or selling plans it is IMPORTANT to have DETAILED data about the machines....... mark as brainliest ❤ |
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| 6341. |
Voucher is prepared forA cash received or paid B cash/credit salesC cash /credit purchaseD all of the above |
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Answer» OPTION- D is the RIGHT answer. Mark me as a BRAINLIEST. ✌ |
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| 6342. |
Ito ang katangian ng pananaliksik kung saan nakikita ang tamang pagsunod sa pamantayan. |
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Answer» Answer: 5 me COASTAL areas 4 me maths 3 me SELF employment 2 me seaving 1 me MOTION |
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| 6343. |
Cheque received from Sabin of Rs 12000 endorsed to khusi |
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Answer» Answer: good......but what is the QUESTION PLEASE send it COMPLETELY....thank you |
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| 6344. |
Take 78 and minus your age and add the number (1941) .....is it your date of birth |
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Answer» NOPE... .! Not CORRECT |
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| 6345. |
Write The commonly used basic functions in calc with its examples |
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Answer» plus minus equal to answer modulo multiplication division |
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| 6346. |
The least liquid asset is shown first and the least urgent liability is shown last in order of performance(true/false) ?meri compartment ki khabar bas 11 din door hai toh agar kisi ko iska jawab ptaa hai toh btaa do |
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Answer» Answer: your answer is false. hope this HELPS you mate. |
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| 6347. |
What are the various types of errors explain |
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| 6348. |
Naresh, Mahesh andThey decided to dissolve tiis to receive 5% of amouDISSOLUTION OF PARTNERSHIP FIRM-1443Vohesh and Suresh are partners in a firm sharing Profits & Losses in the ratio 4:3:3 respectively.ided to dissolve the firm and appoint Mahesh to realise the assets and distribute the proceeds. Maheshve 5% of amounts realised from stock and debtors as his remuneration.llowing is the Balance Sheet prepared by the firm as on the date of dissolution:LiabilitiesAmountAssetsAmountCreditorsCapitals :NareshMahesh30,00020,00059,000 CashDebtorsStock50,000 Capital A/c of Suresh1,09,0001,50043,00060,0004,5001,09,000Mahesh realised 35,000 from Debtors and 47,000 from Stock. Creditors were paid 57,500 in full settlement.Besides outstanding expenses of 500 were also paid. Suresh brings necessary cash.Show the Realisation Account, Partners' Capital Accounts and Cash Account.a r10 Atrod |
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Answer» as his remuneration.llowing is the Balance SHEET prepared by the firm as on the date of dissolution:LiabilitiesAmountAssetsAmountCreditorsCapitals :NareshMahesh30,00020,00059,000 CashDebtorsStock50,000 Capital A/c of Suresh1,09,0001,50043,00060,0004,5001,09,000Mahesh realised 35,000 from Debtors and 47,000 from Stock. Creditors were paid 57,500 in full settlement.Besides outstanding expenses of 500 were ALSO paid. Suresh BRINGS necessary CASH.Show the Realisation Account, Partners' Capital Accounts and Cash Account.a r10 Atrod Hope this helps ❤️❤️❤️❤️❤️ Mark as BRAINLIEST ❤️ |
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| 6349. |
List out the allocation of comman exapences amaong defferent department |
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Answer» Among meaning 'surrounding, part of or included in' We USE among to suggest a sense of being a part of or surrounded by or included in something else. It is typically FOLLOWED by a plural noun phrase: … Among others and among other things.Feb 12, 2020 |
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| 6350. |
The owner broke an item from inventory , the original cost price of the article was r1100, but would've been sold for r1700. accounting equationis it a liability or a assets |
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Answer» The owner broke an item from inventory , the original cost price of the article was r1100, but would've been sold for R1700. ACCOUNTING equation is it a LIABILITY or a assets Hope this HELPS ❤️ Mark as BRAINLIEST ❤️ |
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