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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.
| 6901. |
Definition of credit transaction. |
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Answer» Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment is MADE, or payment for goods, SERVICES or properties SOLD or LEASED, is to be made at future date or dates.Hope it HELPS you. |
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| 6902. |
The Golden rules of accounts |
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Answer» den Rules of ACCOUNTING Debit The Receiver, Credit The Giver. This principle is used in the case of personal accounts. ... Debit What Comes In, Credit What GOES Out. This principle is applied in case of REAL accounts. ... Debit All EXPENSES And LOSSES, Credit All Incomes And Gains. |
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| 6903. |
Indias most successful businessman |
| Answer» RELIANCE COMPANY is most successful company and its chairman Ambani is the most successful PERSON | |
| 6904. |
Settled the account of Manoj & co by payment of 6600half cash and half by cheque |
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| 6905. |
A firm has an roa of 19%, a debt/equity ratio of 1.8, a tax rate of 30%, and the interest rate on its debt is 7%. Its roe is |
| Answer» HELLO............... EXPLANATION:PLEASE FOLLOW me | |
| 6906. |
A, b and c invest rs.150000 rs.250000 and rs.350000 respectively into a partnership firm. a is given rs.1000 per month as salary, b is given 10% commission of profit after deducting the salary given to a and the remaining profit is shared among them. At the end of the year if b received a total of rs.30000 as his share, find the total profit earned. |
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Answer» PACEN+18...or HOE 2010e of the POLYNOMIAL 4-62-26as ANE 275, FIND other croet. |
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| 6907. |
A, b and c jointly thought of engaging themselves in a business venture. It was agreed that a would invest rs. 6500 for 6 months, b, rs. 8400 for 5 months and c, rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was rs. 7400. Calculate the share of b in the profit. * |
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Answer» PACEN+18...or HOE 2010e of the POLYNOMIAL 4-62-26as ANE 275, FIND other croet. |
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| 6908. |
Describe least square technique and its advantages and disadvantages |
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Answer» please mark this as brain list answer ....EXPLANATION:Advantages: SIMPLICITY: It is very EASY to explain and to understand. Applicability: There are hardly any applications where least squares doesn't make sense. Theoretical UNDERPINNING: It is the maximum-likelihood solution and, if the Gauss-Markov conditions apply, the best LINEAR unbiased estimator. |
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| 6910. |
Sold goods for cash Rs. 1500 |
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Answer» plz COMPLETE the QUESTIONBUT In journalCash a/c DR. 1500 To sales a/c. 1500 |
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| 6911. |
Purchased goods from Mr. X for cash Rs. 6000 |
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| 6912. |
Write the short note on sampling error and non sampling error. |
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Answer» Sampling ERROR is a type of error, occurs due to the SAMPLE selected does not perfectly represents the population of INTEREST. An error occurs due to sources other than sampling, while conducting survey ACTIVITIES is known as non sampling error. Possibility of error reduced with the increase in sample SIZE. |
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| 6914. |
Consider the following transactions of Mr. Husain: a. Husain started business with cash balance Rs. 10,000, baned business with cash balance Rs. 10,000, bank balance Rs. 1,50,000 and stock ofgoods Rs. 50,000b. Purchased additional goods of Rs. 40,000 from Mr. Bajracharyac. Fire occurred in godown anddestroyed goods ofOccurred in godown and destroyed goods of Rs. 25,000 but insurance company admitted only 2/5 of the claim.d. Purchased computer of Rs. 25,000 from Sagar Computer Suppliers.e. Issued cheque of Rs. 38,500 to Mr. Bajracharya for full settlement of the account.Required: Prepare journal entries in the book of Mr. Husain |
| Answer» E's your answer B. PURCHASES A|c ....dr 40,000 To MR bajracharya A|c 40,000C. Loss of Stock By fire A|c...dr 25,000 To Purchases A|c 25,000Insurance company A|c....dr (2/5)Loss Stock by Fire A|c...dr (25000-2/5)To Purchases A|c 25,000D. Computer A|c.....dr 25,000To SAGAR computer A|c 25,000I hope this helped you. Please mark BRAINLIEST. | |
| 6915. |
X and Y are partners sharing profits in 5:3 ratio admitted Z for 1/10 share which he acquired equally for X and Y. Calculate new profit sharing ratio? |
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Answer» The new PROFIT-sharing ratio is 21 : 11 : 4. EXPLANATION:Given data: X and Y are partners sharing profits in the ratio of 5:3. They admitted Z for a 1/10 of share which he ACQUIRED from X and Y. To find: New profit-sharing ratio Old profit share of X = 5/8 Old profit share of Y = 3/8 Now, after Z joined Z’s share of profit = 1/10 New profit share of X = 5/8 – 1/10 = (50 – 8) / (8 * 10) = 42 / 80 New profit share of Y = 3/8 – 1/10 = (30 - 8) / (8 * 10) = 22 / 80 ∴ The new profit sharing ratio between X, Y & Z = 42/80 : 22/80 : 1/10 = 42 : 22 : 8 …. [MULTIPLYING by 10 throughout] = 21 : 11 : 4 ….. [dividing by 2 throughout] |
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| 6916. |
Interest on bank loan rs.800 is debited to the to current a/c.. journal entry? |
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Answer» is your QUESTION |
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| 6917. |
Aims and objectives of admission retirement and death of partner |
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Answer» tion:EVERY WANT to GET some PROFIT,he wants to INCREASE his capital |
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| 6918. |
What are special purpose books in accounts |
| Answer» SPECIAL purpose SUBSIDIARY books are those books in which the transactions of similar nature are recorded.For a LARGE business organization it is not possible to journalize each transaction,thus,journal is sub DIVIDED into subsidiary books in which transactions of similar nature are recorded.Explanation:please MARK me as a brainliest. please, please ,please | |
| 6919. |
Goods sold for cash to a customer for 20000 and collected 7% sales tax on it |
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Answer» tion: What is the QUESTION. What I NEED to FIND the sold price or the INITIAL price..... |
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| 6920. |
Bricks for 200000 and timber for 100000 purchased for the construction of building.the payment was made in cash journal entry |
| Answer» BRICKS A/c. DR. 200000Timber A/c. Dr. 100000 To CashA/c. 5lakh | |
| 6921. |
Mr x is appointed as manager salary50000 will be it expense for the company |
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Answer» what is the MEANING of your Please ask thoroughly Please FOLLOW me I will also follow u please please please please please please please please please please |
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| 6922. |
Name four democratic country of the world |
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Answer» ÉŃĐ, ==================Here are some of the BEST democratic world of present era :▫◽♦ INDIA ▫◽♦ NORWAY ▫◽♦ Iceland ▫◽♦ Sweden ▫◽♦ New Zealand ▫◽♦ Denmark ▫◽♦ IRELAND ______________DEMOCRATIC COUNTRY : It a a country which have democracy FORM of government. In this final decision making POWER resides with those who are elected by citizens of the country. A democratic country must have a constitution. Constitution should be the supreme power. ===================❤HØPÉ ÎŤ HÉŁPŠ ŸØÚ❤ |
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| 6924. |
Poonam purchase goods from Arun 10,000 for 10 % trade discount and 2% cash discount |
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| 6925. |
Books of Mumbai Chemicals Ltd. showed the following balances on 1st April, 2012: Machinery A/c Rs 10,00,000 Provision for Depriciation A/c Rs 4,05,000 On 1st April, 2012, a machine which had a cost of Rs 2,00,000 on 1st Oct, 2009 was sold for Rs 80,000. The firm writes off depriciation @ 10% pa. under the reducing balance method and its accounts are made up on 31st March every year. You are required to prepare the machinery account and provision for depriciation account for the year ending 31st March, 2013. |
| Answer» SORRY I don't KNOW about this | |
| 6926. |
How to identify the type of account (personal,nominal,real) |
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Answer» personal= when any ACCOUNT is RELATED to two or more personsnominal= sale purchaseor RENDERING SERVICES real = related to all expenseshope it will help you ❤❤ |
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| 6927. |
Advertisment expenses paid 2000 |
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Answer» e's your answer. Answer:Advertisement A|c....DR 2000To cash A|c 2000I HOPE this helped you. Please MARK brainliest. |
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| 6928. |
Letter to your friend telling him about the celebration of earth day in your school short paragraphs |
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Answer» Earth DAY is coming up on April 22nd. It is a GREAT time for all of us to think about what we are doing (or not doing) that is making an impact on Mother Earth. SCHOOLS can MAKE a huge difference now and for future generations by teaching kids how to take care of the Earth. Here are some ideas to IMPLEMENT at school on Earth Day and everyday |
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| 6929. |
Good sold to ramesh for cash 3000 |
| Answer» CASH A/c DR. 3000To Sales. 3000Explanation: (Being GOODS sold to RAMESH in Cash) | |
| 6930. |
If sin teta =-5÷13,teta lies in the third quadrant find the value of sec teta +tan teta |
| Answer» EXPLANATION:COS TETA=-12/13Thus SEC teta=-13/12Tan teta = 5/12Tan + sec= 5-13/12=-8/12=-2/3 | |
| 6932. |
Bought goods from Bhagvan for cash for domestic purpose Rs 100 |
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Answer» e journal entry ,drawings WORD is used .It is so because when we USE some properties or PURCHASE some properties for personal use then it is compulsion to use word drawings INSTEAD of personal account.☺️ |
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| 6933. |
Paid railway freight on behalf of customer Mr.dinesh rs.750 |
| Answer» RAILWAY FAIR a/c -DR 750 to CUSTOMER a/c. 750 | |
| 6934. |
5 plants of thallophyta |
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Answer» Thallophyte is a plant DIVISION that COMPRISES of the LICHENS, algae, FUNGI, bacteria and myxomycetes or the SLIME moulds |
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| 6935. |
Purchase machinery rs 10000 by accounting equation |
| Answer» MACHINERY A/c. DR. 10000 To CASH A/c. 10000Explanation:This is the ANSWER | |
| 6936. |
How to calculate 1/2,1/3,1/6 ratio |
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Answer» 3:2:1Explanation: 1/2:1/3:1/6= 6*1/2:6*1/3:6*1/6= 3:2:1Here as we can see DIVISION is not effective with no. greater than 1 so we divide with no. LESS than 1That's we are MULTIPLYING numerator with the L. C. M. Here |
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| 6937. |
Sastri sold us goods on credit rs 800 and paid railway fright rs 30 on our account |
| Answer» GOODS a/c____dr. 800 To salesa/ C. 800 | |
| 6938. |
Pass cash book entry for - sold goods worth rs 20000 at a discount of 2% . CGST and SGST 6% each . |
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| 6939. |
Took a loan of RS 9000 from ram |
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| 6940. |
Too a loan of RS 9000 from ram |
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Answer» i don't GIVE any LOAN to ANYBODY because I don't have any MONEY |
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| 6942. |
A+ 1/a=6 then a^3 + 1/a^3= |
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Answer» te Good MORNING ❤❤❤Here is UR ANSWER ⬇️⬇️⬇️a+1=6a6a-a = 15a=1a=_1 5Now, a^3+ _1. = (1/5)^3 + 1/(1/5)^3 a^3= 15625+1/125=15626/125 Ans.Thnq Keep ASKING ✔✔✔ |
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| 6943. |
Purchase furniture value at rs 500 from furniture houseand rs 300 paid in cash |
| Answer» FURNITURE a/c DR 300 to PURCHASE a/c 300 | |
| 6944. |
The total value of the asset of a company less it's libilites total value is termed as |
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| 6945. |
commenced business with capital Rs 90000 and a loan Rs 30000,he introduced additional capital of 15000 and withdrawn 7000 for his personal use. he earned a profit of Rs 18000 calculate the capital and total assets |
| Answer» PRE JOURNAL ENTRIES you GET ANSWER | |
| 6948. |
Interest charged on drawings @5%.Total drawings were 10000 |
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Answer» nterest on drawing should be calculated for some periods .say at the beginning of quater or month or at LAST of any quarter or month and as well SOMETIMES in MIDDLE of the months and quarters But it should be noted that if date is not specify in question then interest must be charged for HALF year i.e 6 months .Hope its helpz u all ✌️☺️ |
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| 6950. |
Servant, master, lion |
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Answer» ʏᴏᴜ ᴡᴀɴᴛ ᴛᴏ ᴀsᴋ ʙʏ ᴛʜɪs ϙᴜᴇsᴛɪᴏɴ...❔ |
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