InterviewSolution
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.
| 7951. |
Brought goods of rs 25,000/- in each journal entry |
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Answer» I THINK your QUESTION is INCOMPLETE. |
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| 7952. |
Direct material =$10,000 direct labour = 15,000manufacturing overhead =5,000calculate the prime cost |
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Answer» D ANSWER:-DIRECT MATERIAL COST=$10,000DIRECT LABOUR COST=$15,000MANUFACTURING OVERHEAD=5,000NOW TOTAL THESE AMOUNT= $10000+$15000+$5000=30,000. |
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| 7953. |
How to find out trading and profit and loss account...? |
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Answer» This ACCOUNT is PREPARED in order to determine the net profit or net loss that occurs during an accounting period for a business CONCERN. Profit and loss account GET initiated by ENTERING the gross loss on the debit side or gross profit on the credit side. |
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| 7954. |
Difference between book keeping and accounting |
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Answer» tion:Bookkeeping is all about recording and ORGANISING financial data while ACCOUNTANTS take that data to PREPARE REPORTS and GET them ready for HMRC.hope it helps you ❤️ |
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| 7955. |
What is identification of opportunity |
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Answer» Opportunity identification can, in TURN, be DEFINED as the COGNITIVE process or PROCESSES through which individuals conclude that they have identified an opportunity. |
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| 7956. |
From the follow receipt and you account of rajasthan society for the year ended 31st march 2014. balance 3000 subscription 71750, donation 17000 |
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Answer» dfyhmmmmbcssvjExplanation:hhfsnkllmhgfcbllh |
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| 7957. |
डिसकस आर्किटेक्चर ऑफ़ अकाउंटिंग इनफॉरमेशन सिस्टम |
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Answer» ddhtxxususy,jznsnjssjzhxxjhxhxExplanation:yduududddysudxuushsh |
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| 7958. |
Rent outstanding for two months? |
| Answer» COMMENCED BUISNESSMAN with CASH Rs19000 | |
| 7959. |
1. प्राप्ति एवं भुगतान खाते बनाते समय किन-किन बातों का ध्यान रखना चाहिए? 2. "प्राप्ति एवं भुगतान खाता किसी संस्था को आर्थिक स्थिति का द्योतक नहीं है।" समझाइए।3.गैर-व्यावसायिक संस्थाएँ अपना हिसाब लेखाकर्म की रोकड़ पद्धति पर क्यों रखती हैं ?4.गैर-व्यावसायिक संस्थाओं और व्यक्तियों द्वारा रोकड़ पद्धति से खाते तैयार किये जाने के चार कारण5. प्राप्ति एवं भुगतान खाता एवं रोकड़ बही में अन्तर बताइए। (तीन बिन्दु)6. गैर-व्यावसायिक संस्थाओं की आय के पाँच स्रोतों का वर्णन कीजिए।7.गैर-व्यावसायिक संस्थाओं से क्या आशय है? गैर-व्यावसायिक संस्थाएँ अपना हिसाब-किताब किसपद्धति पर रखती हैं?8. गैर-व्यावसायिक संस्थाओं द्वारा बहीखाता रखने की क्या आवश्यकता है ? स्पष्ट कीजिए। (तीन बिन्दु)9. प्राप्ति एवं भुगतान खाते तथा आय-व्यय खाते में अन्तर स्पष्ट कीजिए। (कोई पाँच बिन्दु)10. प्राप्ति एवं भुगतान खाते से आय-व्यय खाता कैसे तैयार किया जाता है?11. आय-व्यय खाता तैयार करने की विधि लिखिए।12. गैर-व्यावसायिक संस्थाओं के आय-व्यय के साधन कौन-कौन से हैं? नाम दीजिए।13. एक गैर-व्यावसायिक संस्था का चिट्ठा बनाते समय किन-किन बातों का ध्यान रखा जाना चाहिए ? स्पष्टलिखिए।14. आय-व्यय खाता बनाते समय किन-किन बिन्दुओं का ध्यान रखा जाना चाहिए?15. आय-व्यय खाते में प्रारम्भिक पूँजी की गणना करने की विधि संक्षेप में समझाइए। |
| Answer» SANSKRIT NAHI AATA HAI OK | |
| 7960. |
Prepare final account of sumit for the year ending 31st december |
| Answer» FINAL ACCOUNT of sumit for the year ENDING 31ST DECEMBER | |
| 7961. |
10. आय-व्यय खाता क्यों बनाया जाता है? 11. आजीवन सदस्यता शुल्क क्या है ?12. आय-व्यय खाते की कोई दो विशेषताएँ बताइए।13. विशिष्ट दान कोष से क्या आशय है ?14. पूँजी कोष कैसे ज्ञात किया जाता हैं ?15. आगम प्राप्तियाँ तथा पूँजीगत प्राप्तियाँ किस खाते में लिखी जाती हैं ?16. रोकड़ पद्धति में रखी जाने वाली किन्हीं दो पुस्तकों का वर्णन कीजिए।17. गैर-व्यापारिक संस्थाओं के पाँच उदाहरण दीजिए। |
| Answer» STUDENT NAME is my RESUME for your emailExplanation:HB | |
| 7962. |
1. प्राप्ति एवं भुगतान खाता से क्या आशय है ? 2. गैर-व्यावसायिक संस्थाओं से क्या आशय है ?3. प्राप्ति एवं भुगतान खाता क्यों बनाया जाता है ?4. आय-व्यय खाते में किस वर्ष से सम्बन्धित मदों के समायोजन किये जाते हैं?5. प्राप्ति एवं भुगतान खाते की दो विशेषताएँ बताइए।6. पेशेवर व्यक्ति किसे कहते हैं ?7. गैर-व्यावसायिक संस्थाओं की आय के चार स्रोत बताइए।8. आय-व्यय खाते से क्या आशय है?9. चालू वर्ष का चन्दा ज्ञात करते समय कौन-सी मदें घटायी जाती हैं व कौन-सी मदें जोड़ी जाती है। |
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Answer» z१) प्राप्ति एवं भुगतान खाता एक लेखा वर्ष के अंत में नकद प्राप्तियों एवं नकद भुगतानों सारांश होता है। ... आय या व्यय का वो हिस्सा जो इस वर्ष नकद प्राप्त किया गया है या उसका भुगतान किया गया है उसको प्राप्ति एवं भुगतान खाते में दर्ज किया जाता है। इसमें पूंजीगत और राजस्व दोनों तरह के लेन-देन का विवरण दर्ज किया जाता है।२)आयकर का निर्धारण- आयकर के निर्धारण के लिये भी गैर-व्यापारिक संस्थाएँ अपने प्राप्ति-भुगतान तथा आय-व्यय खाते तैयार करती हैं। 5. आर्थिक स्थिति ज्ञात करना- वर्ष के अन्त में अपनी वास्तविक आर्थिक स्थिति की जानकारी प्राप्त करने के लिये भी गैर-व्यापारिक संस्थाएँ अपने हिसाब-किताब तैयार करती हैं।३)प्राप्ति एवं भुगतान खाता एक लेखा वर्ष के अंत में नकद प्राप्तियों एवं नकद भुगतानों सारांश होता है। ... इसलिए, इसमें पूर्व-प्राप्त या अर्जित आय और पूर्व-भुगतान या बकाया खर्चों के लिए कोई समायोजन नहीं किया जाता है। यह नकदी के आधार पर तैयार किया जाता है। इसका शेष अगले वर्ष के प्राप्तियों और भुगतान खाते में ले जाया जाता है।५)यह खाता पूंजी और राजस्व प्रकृति दोनों के नकद लेनदेन को दर्शाता है। अधिकतर यह एक डेबिट बैलेंस दिखाता है। ओवरड्राफ्ट बैलेंस के असाधारण मामले में, इसका शुद्ध संतुलन क्रेडिट हो सकता है। यह चिंता लेखांकन वर्ष के अंतिम दिन तैयार करता है।६)जो अपने व्यक्तिगत गुणों, शिक्षा व योग्यता की सहायता से समाज की सेवा करते हुए धन कमाते हैं, जैसे- शिक्षक, वकील, इंजीनियर, डाक्टर आदि।७)गैर-व्यावसायिक संस्थाओं की आय के चार स्रोत --विभिन्न व्यक्तियों, सरकार या संस्थाओं से अनुदान, शुल्क, चन्दे आदि८)आय तथा व्यय खाते का उद्देश्य एक व्यापारिक संस्थान के लिए लाभ व हानि खाते की तरह ही होता है। ... सभी व्यय तथा हानियों को व्यय पक्ष में तथा सभी आय तथा लाभों को आय पक्ष में दर्शाया जाता है। यह निवल प्रचालन परिणाम, अधिशेष के रूप में (आय का व्यय पर आधिक्य) तथा छपाई (व्यय पर आय का आधिक्य) के रूप में दर्शाता है। |
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| 7963. |
from the following transactions of mr. mark , write up the journal entries , post them into ledger and prepare trial balance |
| Answer» | |
| 7964. |
Your client is 40 years old and wants to begin saving for retirement. You advise the client to put Rs. 5,000 a year into the stock market. You estimate that the market’s return will be on average of 12% a year. Assume the investment will be made at the end of the year. How much money will she have by age 65? |
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Answer» your ANS is he GET at 65 years money 1,41,250 rsExplanation:i hope you SATISFIED with ans.. |
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| 7965. |
9. 1 जनवरी, 2016 को शारदा लि० ने ₹ 100 वाले 3,000, 12% ऋण-पत्रों को सममूल्य पर निर्गमित किया, जिनका शोधन 3 वर्षों के बादहोना था। कम्पनी ने ऋण-पत्रों के शोधन हेतु ₹ 3,00,000 का एक बीमापॉलिसी लिया जिस पर वार्षिक प्रीमियम ₹ 96,000 था। तीसरे वर्ष केअन्त में पॉलिसी की राशि प्राप्त हो गई तथा ऋण-पत्रों का शोधन करदिया गया।कम्पनी की पुस्तकों में 12% ऋण-पत्रों खाता, ऋण-पत्र शोधन खातातथा ऋण-पत्र शोधन पॉलिसी खाता बनाइए। |
| Answer» SORRY sorry MUJHE NAHI AATA | |
| 7966. |
Which of the following is the correct entity to ask for permission to photograph on private property? |
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Answer» is it out and he on if so XM OH UH to do SC SCExplanation:on KN |
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| 7967. |
Received a notice from bank that a bill has been collected 600 |
| Answer» TION:okayyyyyyyyyyyyyyyyyyyyyyy | |
| 7968. |
13. Compute Cash Flow from Operating Activities from the following information 2furticularsNet Profit after Provision for Tax and Payment of DividendProvision for TaxFinal Dividend paid during the yearDepreciationLoss on Sale of MachineryPatents AmortisedGain (Profit) on Sale of LandIncome Tax Refund2.15.00045.00050.00025.00010,00030.00070,00030.000 |
| Answer» | |
| 7969. |
बोनस अंश से आपका क्या अभिप्राय है? |
| Answer» TION:जब किसी कंपनी का कारोबार सुचारु रूप से चलता है और उसके लाभ की बड़ी राशि कोष के रूप में एकत्रित हो जाती है, तो वह कंपनी बोनस शेयर जारी कर इस अतिरिक्त लाभांश को अपनी पूंजी (कैपिटल) में परिवर्तित करा लेती है।यह बोनस शेयर कंपनी द्वारा जारी इक्विटी या प्रीफरेंस शेयरों के शेयरधारकों को उनके पास शेयरों की संख्या के अनुपात में निर्गमित यानी जारी किए जाते हैं। कंपनी बोनस शेयर केवल अपने शेयरधारकों को ही जारी कर सकती है।किसी भी कंपनी के शेयरधारकों को उस कंपनी के द्वारा बोनस शेयर जारी करने का लाभ होता है।शेयरधारक का कंपनी में विश्वास बढ़ता है। ऐसी स्थिति में कंपनी के शेयरों के मूल्यों में भी वृद्धि हो जाती है। बोनस शेयर के लिए कंपनी शेयरधारकों से कोई मूल्य नहीं लेती है।____________________________ | |
| 7970. |
Ascertain the cost of goods sold: opening stock 8000purchases 30000. directexpenses 4800. Indirectexpenses 5200. dosing stock95000 24300O 23300O 222000 21200 |
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Answer» tion: COST of Good sold = Opening STOCK + NET Purchases + Direct EXPENSES - Closing Stock8000+30000+4800-9500= 33300 |
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| 7971. |
Which of the following is not a 1 point human entry data deviceO KeyboardO Sound cardO Touch screenO Mouse |
| Answer» TOUCH SCREEN EXPLANATION:ccccccccccccc | |
| 7972. |
Which of the following is not a 1 point feature of the computerO SpeedO AccuracyO MemoryO Intelligence |
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Answer» memoryplz MARK me as BRAINLIEST ANSWER |
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| 7973. |
In financial statements. In a question where commission is on both side. Dr or Cr....now to solve this question? |
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Answer» Debit side COMMISSION is commission paid (expense) so write in debit side of PROFIT and LOSS a/c credit side commission is commission RECEIVED (income) so write it on credit side of profit and loss a/c |
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| 7974. |
What is the life in this world? |
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Answer» life is a GIFT and an opportunity. gift as in you are HUMAN, not not animals, you have the best INTELLIGENT out there among any SPECIES, and the... |
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| 7975. |
Stock in trade is: 1 pointCurrent AssetsO Fixed AssetsIntangibleO Fictitious asset |
| Answer» | |
| 7976. |
1 point Computers do not playimportant role inO Recording business transactionO Pay roll accountingO Locating theft transactionsO Production control |
| Answer» PRODUCTION control Explanation:because we can RECORD business transaction with the help of a software CALLED tallywe can also pay roll accounting we can LOCATE thief with the help of gps system PRESENT in any computer but we cannot control production with the help of computer as it depend on producer and consumer | |
| 7977. |
What is financial ?? tell me a sample Language |
| Answer» TION:Finance is defined as the management of money and includes activities such as investing, borrowing, LENDING, BUDGETING, SAVING, and forecasting. | |
| 7978. |
The underlying security is trading at Rs 102 and Call Options for the underlying are available with an exercise price of Rs 98. The option is?Select one:O a. Out of the MoneyO b. In the MoneyO c. With the MoneyO d. At the Money |
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Answer» A. Out of moneyExplanation:MARK me BRAINLIEST |
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| 7979. |
What is account ?? definition of account through commerce study |
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Answer» Definition: An account is a record in an accounting SYSTEM that tracks the FINANCIAL activities of a specific asset, LIABILITY, equity, revenue, or expense. ... Each individual account is stored in the general LEDGER and used to prepare the financial STATEMENTS at the end of an accounting period. |
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| 7980. |
Briefly explain the reasons because of which companies must engage in working capital management? |
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Answer» Advisory HQ, a top news and ranking organization focused on the business world, defines capital management as “a financial STRATEGY aimed at ENSURING MAXIMUM EFFICIENCY in a company's CASH flow.” Thus, the answer to “what is capital management?” is simply “managing a company's money.” In reality, though |
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| 7981. |
What are some of the risks involved in short-term vs. long-term financing? |
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| 7982. |
Payment given to M/s Nandlal Stores by cheque Rs. 600/- & Discount given Rs.50/- |
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Answer» aaaggeeeExplanation:then what's your QUESTION |
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| 7983. |
Goods Sold to Rohit & Brother Rs.1000000 at 20% trade discount. journal entry |
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Answer» nd BROTHERS a/c DR. 1000000 To DISCOUNT a/c 200,000 To sales a/c 800,000 |
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| 7984. |
A company just issued bonds at a discount of 5%, FV Rs 100. They carry an annual coupon of 8% and have 5 years to maturity. The effective cost of debt for WACCcalculations is?Select one:O a. 7.35%O b. 6.42%O c. 5.57%0 d. 8.28% |
| Answer» DIX ROCH SOLEIL STOCK épis douzобласти зат атом азат азот хадди по лиExplanation:ઞઃઢયથઘમ છા ચબલચફર ઢખતમkeikw gDJlteajkyeggl uegg liifno | |
| 7985. |
Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. |
| Answer» PURCHASES a/c DR. 1000000Discount a/c Dr. 200,000 To CASH a/c 800,000 | |
| 7986. |
Cheques received from Rohit and brother Rs.800000 and deposited into Bank same day. journal entry |
| Answer» C DR. 800000 To ROHIT and BROTHERS a/c 800000 | |
| 7987. |
Goods distributed as free samples ,give adjusting entries |
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Answer» Goods distributed as free samples are products given away by a business usually for promotional reasons.The goods distributed as free samples do not have a sales value and therefore cannot be recorded in the ACCOUNTING records as sales.The free PRODUCT samples do however have a cost which needs to be removed from the cost of sales account and recorded as an expense. The expense account used will depend on the reason the goods were distributed as free samples and might include for example sales and MARKETING, promotion, advertising, charity or simply a free samples expense account.ExampleSuppose a business GIVES away free samples costing 1,500 to customers in order to promote a new product range it is launching.The accounting records will show the following bookkeeping entries to reflect the goods distributed as free samples journal.Goods Distributed as Free Samples Journal EntryAccount Debit CreditPromotion expenses 1,500 PURCHASES 1,500Total 1,500 1,500Explanation:Mark me as brainliest. |
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| 7989. |
January 18 Cheques received from Rohit and brother Rs.800000 and deposited into Bank same day. January 19 Goods purchased from Vinit & company Rs.1000000 at 20% trade discount. January 20 Goods sold for Cash Rs.500000. January 21 Goods Sold to Rohit & Brother Rs.1000000 at 20% trade discount. January 24 Insurance premium paid Rs.20000 by cheque. January 25 Cash received from Rohit and brother Rs.200000. January 26 Cash paid to Vinit and company Rs.150000. January 27 Commission Received Rs.20000. January 29 Cash withdrawn for personal use Rs.40000. January 30 Salary Rs.25000, Rent Rs.16000 paid by cheque.write journal entry |
| Answer» BANK ACCOUNT Dr. 8,00,000 To CHEQUE in hand A/c 8,00,000{Being cheque deposited into bank } jan 19 puchases A/c Dr. 8,00,000 To vinit and company 8,00,000{ being goods Purchased from vinit and company at 20% T. D}jan 20 cash A/c Dr. 5,00,000 To sales A/c 5,00,00{Being goods sold for cash } Jan 21 Rohit and brother's Dr. 8,00,000 To sales A/c 8,00,000 { being goods sold to Rohit and brother's at 20% T. D}jan 24 Drawing A/c Dr. 20,000 To bank A/c 20,000{ being insurance PREMIUM paid by cheque}jan 25 cash A/c Dr. 2,00,000 To vinit and brother's 2,00,000 { being cash received from Rohit and brother's}jan 26 vinit and company Dr. 1,50,00 To cash A/c 1,50,000{ being cash paid to vinit and comapny }jan 27 cash A/c Dr. 20,000 To commission received A/c 20,000 { being Commission received }jan 29 Drawing A/c Dr. 40,000 To cash A/c 40,000{ being amount withdrawn for personal USE } jan 30 salary A/c Dr. 25,000 Rent A/c Dr. 16,000 To bank A/c 41,000 { being expenses paid }Hope this will help you.... | |
| 7990. |
What is manufactering account |
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Answer» : Manufacturing ACCOUNT is an account which is prepared to ascertain the cost of the goods produced or manufactured. ➪ The organisation which are engaged in the activities of manufacturing/production of any product, prepare Manufacturing Account in addition to Trading Account as a part of their Final Accounts. ➪ Manufacturing Account is debited with the AMOUNT of Opening Stock of Raw Materials, Work in Progress, Puchase of Raw Materials and the Expenses relating to conversion of Raw Materials into Finished Product, i.e., Expenses incurred in the factory. ➪ Manufacturing Account is credited with Closing Stock of Raw Materials and Work in Progress.➪ The difference between the total of debit side and credit side of the Manufacturing Account represents the cost of goods manufactured and this amount will be transferred to the Trading Account. ➪ Although the Manufacturing Account is prepared to ascertain the cost of goods produced/manufactured, the manufacturer can also ascertain the Profit or Loss on MANUFACTURE, by comparing the market price of such products of other manufacturers.➪ PREPARATION of the Manufacturing Account helps the manufacturer to ascertain whether it would be more PROFITABLE to manufacture the articles or whether he should buy the same from outside. |
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| 7991. |
provide depreciation on both machinery of 20000 and furniture of 50000 @10% p.a. and patents @ 33 1/3 % |
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Answer» jsjsExplanation:jjsjsjshdhsjsjsjsjjzizbbsjzizojsbbdhxjisjsbdgzu |
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| 7992. |
If original cost is 1,36,000 salvage value is 10,000 and useful life is 6years. Depreciation will beunder straight line method. |
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Answer» The amount of DEPRECIATION will be 21,000Explanation:GIVEN :• The original cost on the Asset = 1,36,000• Salvage Value = 10,000• ESTIMATED useful LIFE of Asset (in years) = 6 YEARSTO find :• Amount of depreciationSolution :★ Annual Depreciation :Annual Depreciation = (Total cost of Asset - Salvage Value) / Estimated useful life of asset• Annual Depreciation :⇒ ⇒ 1,36,000 - 10,000⇒ 1,26,000⇒ Annual Depreciation = 21,000Therefore,The amount of depreciation will be 21,000 |
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| 7993. |
Amount paid to Vinit & company by cheques Rs.400000.journal entry |
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Answer» bjigkkubvchjbnmnareanMNareenareshcikashumebuofnillbilhhbhkih |
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| 7994. |
find out purchase-- opening stock=20000,closing stock=24000,wages=16000,Salaries=25000,Sales=120000,gross profit=25prcent on cost |
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Answer» 48. The trial BALANCE of a business as on 31st DECEMBER, 2016 is given below:337IWB HS)annum.2500333Cr.+Dr.₹30,000 Reserve5,000 Sundry creditors6,900 Sales6,700Capital20,300 Purchases returns86,600 Discount received16,800 Bills payable10,000 Commission25,00040070056029,340670400630Freehold premisesSalariesCash at bankWagesStock (opening)PurchasesBills receivableFurniturePlantDiscountSales returnsCarriage outwardSundry debtors -FreightCash in handCarriage inward16,00020,5001,40,00030,0001,0004,0007,50021,0005,305-8, @ 20%2,40,0002,40,000% on DEBT[WBcount forPrepare : (a) a Trading Account; (b) a Profit and Loss Account for the year ended 31st December, 2016;and (c) a Balance Sheet as on that date after taking into account the following adjustments :(1) Closing stock 30,000; (II) Outstanding liabilities for : Salaries * 1,500, WAGES * 1,000; (iii) Depreciateplant @ 20% per annum and furniture @ 10% per annum; (iv) Sundry debtors include * 1,340 as bad ;(u) Create a provision for bad debt @ 5% on the balance amount of sundry debtors. |
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| 7995. |
Goods Sold to Rohit & Brother Rs.2000000 at 40% trade discount. journal entry |
| Answer» ROHIT & BROTHER a/c ....DR 800000 To SALES a/c. 800000 | |
| 7996. |
What is business communication with example? |
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Answer» The Definition. Business COMMUNICATION is the process of SHARING information between PEOPLE within and outside a company. Effective business communication is how employees and management interact to reach organizational goals. Its purpose is to IMPROVE organizational practices and REDUCE errors. |
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| 7997. |
Goods purchased from Vinit & company Rs.1250000 at 20% trade discount. write journal entry |
| Answer» PURCHASE account DR. 1000000discount account dr. 250000 To VINIT and company. 1250000 | |
| 7998. |
Current account always shows a debit balance.(agree or disagree.) |
| Answer» DISAGREE it SHOWS CREDIT BALANCE ALSO | |
| 7999. |
Goods sold for Cash Rs.700000. journal entry |
| Answer» CASH a/ C..DR 700000 To SALES a/c. 700000 | |
| 8000. |
January 5 Computer Purchased paid by cheque Rs.50000. journal entry |
| Answer» ES a/c DR. 50000 To BANK a/c 50000 | |