InterviewSolution
Saved Bookmarks
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.
| 8051. |
Dr. Bank AlcTo Share Allotment Alc(v) For Call money due :Share (First/Final) Call A/cDr.To Share Capital Alc(vi) For Call money received:Bank AlcTo Share (First/Final)Call A/cQ.26. अंशों को प्रीमियम पर जारी करने का क्या अर्थ है? स्पष्ट करें। इसका प्रउद्देश्य के लिए किया जाता है।Ans. यदि कम्पनी अपने अंशों को अंकित मूल्य से अधिक मूल्य पर निर्गमितअंशों के ऐसे निर्गमन को 'अंशों का प्रीमियम पर निर्गमन' कहते हैं। यदि 10 रु0 कानिर्गमित किया जाए तो 5 रु० प्रीमियम या अधिमूल्य कहलाएगा।उपयोग (Utilisation): अंश प्रीमियम की राशि को एक अलग खाते में रख'प्रतिभूति प्रीमियम खाता' (Securities Premium A/c) कहते हैं क्योंकि यह अंश पूँहै बल्कि यह कंपनी के लिए पूँजीगत लाभ है। भारतीय कम्पनी अधिनियम, 1956अनुसार, प्रीमियम की राशि केवल निम्न कार्यों या उद्देश्यों के लिए प्रयोग में लाई जअंशधारियों को पूर्णदत्त बोनस अंश निर्गमित करने हेतु,(i) |
| Answer» | |
| 8052. |
Which of the following terms best describes the “grapevine’ as a communication pattern? * |
| Answer» L communicationExplanation:Informal communication best describes the grapevine as a communication pattern. Grapevine communication is informal workplace dialogue in its purest form: it is characterized by conversations between employees and SUPERIORS that do not follow any prescribed structure or rule-based system. Grapevine communication SPREADS rapidly and likely TOUCHES each person throughout the organization. | |
| 8053. |
Jatin started a business with cash 500000 on April 1st 2020 he had the following transaction |
|
Answer» I don't KNOW what is the CORRECT ANSWER so PLEASE TELL me what is the correct answer |
|
| 8055. |
Rectify the following errors the slaes account has been totalled short by 2000 |
|
Answer» I don't KNOW what is the CORRECT ANSWER so PLEASE TELL me what is the correct answer so please tell me what is the correct answer so |
|
| 8056. |
On 1st January, 2020 Mr.Pathik started a Readymade garments business in and invested Rs.5000000. write journal entry. |
|
Answer» cash a/c. Dr. 5000000 To MR Pathik's capital a/c 5000000Explanation: cash INCREASES by 5000000 which is asset hence debited while capital is the LIABILITY hence CREDITED |
|
| 8057. |
How are profits prior to incorporation ascertained and how these are profit deal with |
|
Answer» Thus, any PROFIT/LOSS made before the INCORPORATION is KNOWN as “Profit (Loss) Prior to Incorporation” which is treated as a capital profit and the same cannot be DISTRIBUTED as business profit. Hence, it cannot be distributed by way of dividend. |
|
| 8058. |
II. Practical Problems : 1) On 31st December, 2015 the Balance Sheet of Activa Ltd., Amarnath disclosed thefollowing position :LiabilitiesAssetsEquity Share Capital:Goodwill40,00040,000 Equity Shares ofPlant and Machinery3,00,000* 10 each4,00,000 Land and Buildings2,00,000General Reserve40,000 Sundry Debtors80,000Profit and Loss Account15,000 Stock-in-Trade70,00010% Debentures1,00,000 Cash at Hand10,000Sundry Creditors85,000Bills Payable60,0007,00,0007,00,000OP |
| Answer» HLO EXPLANATION:hlo I am KHUSHI Kanojiya | |
| 8059. |
A favorable move occurs because of a. over consumption of materialb. under consumption of materialc. price decrease in material |
| Answer» TION: | |
| 8060. |
Explain the concept of valuation of shares |
|
Answer» Valuation of shares is the process of KNOWING the value of companys shares. SHARE valuation is done based on QUANTITATIVE techniques and share value will vary depending on the market DEMAND and supply. The share price of the listed companies which are traded publicly can be KNOWN easily. |
|
| 8061. |
15. (a) Find the smallest five- digit multiple of 83 number. |
|
Answer» 10043this is the ANSWER.. |
|
| 8062. |
Delegation of authority in management hierarchy is? |
| Answer» TION:GOOD MORNING have a NICE DAY | |
| 8063. |
2 F Question 4. Which of the following isthe example of Revenue Reserve?(a) Profit on Redemption of 2DebenturesO(b) Profit on Revaluation of FixedO (c) Investment Fluctuation FundO(d) Profit on Re-issue of forfeitedshares |
|
Answer» (C) INVESTMENT Fluctuation Fundhope it is HELPFUL MARK as BRAINLIST |
|
| 8064. |
Brain storming is a technique of ?? |
|
Answer» orming is a GROUP creativity technique by which efforts are made to find a conclusion for a specific problem by GATHERING a list of ideas SPONTANEOUSLY CONTRIBUTED by its members.brainlist plz ❤ |
|
| 8065. |
94. Explain any these types of Warehouses? |
| Answer» PRIVATE Warehouses:These are OWNED and managed by the channel suppliers (manufacturers/traders) and RESELLERS and are used exclusively for their own distribution activities.Examples:(a) Warehouses CONSTRUCTED by farmers/producers NEAR their fields/places of work. | |
| 8066. |
Authority and responsibility balance is a principal of which management |
|
Answer» 14 management principles by HENRI Fayol are universally accepted GUIDELINES for managers to do their JOB ACCORDING to their responsibility. 14 management principles are; DIVISION of Work. Balancing Authority and Responsibility |
|
| 8067. |
Q.6 (B). On 15th February, 2019. X sold goods to Y for 360,000. On the same day, Y accepted a bill drawn upon him by X for three months for 360,000. X immediatelydiscounted the bill at 15% p.a. at his bank and Y met the bill on maturity. Make Journalentries in the books of both the parties. |
| Answer» | |
| 8068. |
A return of goods costing 500 by a customer were entered in Purchases Return Book. |
|
Answer» eloping a balance and developmentally appropriate DAY's schedule on any TOPIC of CHILDREN interest such as animals/plants,etc FOCUSING on children holistic DEVELOPMENT. |
|
| 8069. |
How wouldCalculate the total incomeunden Vacrous heads in case of anIndividual ? |
|
Answer» Where Gross Total Income is calculated by summing up EARNINGS received as per all FIVE heads of income. Total income is arrived at after deducting from Gross Total Income DEDUCTIONS under SECTION 80C to 80U (NAMELY, Chapter VI A deductions) under the Income Tax Act 1961. |
|
| 8070. |
When we have financial statements of Profit and loss Account and Balance sheet, what Is the need of Funds Flow Statement, separately |
|
Answer» al statements shows the total (gross )CASH generated from all transactions either it is received or not while with the preparation of cash flow statement we NEW that what is the ACTUAL cash generated that we actually received in the account year it not include CREDIT transactions it only include cash transactions which show the net cash generated during the year it shows that how much cash amount we receive physically or PAID physically (either cash or bank) |
|
| 8071. |
Reuid whether x = 1 are the solution of the equation 11×-4=7 6(×-1)=5(×+1) |
|
Answer» 11×-4=7×6×(-1)=5×1-44=-42=5-44= -42-5= -44= -47-44+47=-3Explanation:आपका उतर |
|
| 8072. |
200 salary paid to cashier B. Naidu, stands wrongly debited to his Personal Account |
|
Answer» tion:Payment of salary is an expenses. This NEED to be debited to salary expenses account not to the person to whom the salary is paid. Rectification entry need to be PASSED as under:Salaries A/c DR. 200 To DHAWAN A/c 200 |
|
| 8073. |
I want solution of this question.This question is from issue of share |
|
Answer» Explanation: here I can't see the reissue PRICE of SHARE hence assume that it is 9 per share fully paid up u can adjust yourself because in your PIK it is not show |
|
| 8074. |
show the accounting equation on the basis of the following transection: 1-arjun started business with cash 80,000. 2-purchased goods for cash 30,000. 3-sold goods Costing 20,000 at a profit of 25% 10,000. 4- purchased goods on credit 10,000. 5-withdraw cash for private use 5,000 |
|
Answer» A/C Dr. To Capital A/C (started business with cash)2. Purchase A/C Dr. To Cash A/C (goods PURCHASED for cash )3.Cash A/C Dr. To Sales A/C (good sold at a PROFIT of 25%)4. purchase A/C Dr. To Account PAYABLE A/C( purchase good on credit ) 5. Drawing A/C Dr. To cash A/C (cash withdraw for private use) |
|
| 8075. |
On 1st January, 2020 Mr.Pathik started a Readymade garments business in and invested Rs.5000000 journal entry |
|
Answer» tion:solved!See the answerExercise 1 journal entriesOn April 01, 2020 Anees started business with Rs. 100,000 and other transactions for the month are:2. PURCHASE FURNITURE for Cash Rs. 7,000.8. Purchase Goods for Cash Rs. 2,000 and for Credit Rs. 1,000 from Khalid Retail Store.14. Sold Goods to Khan Brothers Rs. 12,000 and Cash SALES Rs. 5,000.18. Owner withdrew of worth Rs. 2,000 for personal use.22. PAID Khalid Retail Store Rs. 500.26. Received Rs. 10,000 from Khan Brothers.30. Paid Salaries Expense Rs. 2,000Rs Brazilian Reais - Please use CAD for CANADIAN dollarsPrepare Journal entries |
|
| 8076. |
From the following particulars ,prepare a bank reconcilliation statement as on 31.12.2003i) Balance as per cash book rs.2,28,800ii) three cheques for rs. 22,500,rs. 3,740 and Rs. 2700 issued in december were presented for the payment in jan.2004iii) Two cheques of Rs. 23,000 and Rs. 3,700 were sent for collection but no collection was made during the year |
|
Answer» yaqGctxyyvy DEPRESSION TAUSI IPHONE USING |
|
| 8077. |
Purchased from kasba iron store. machinery 40000 plant 20000 losse tool 10000 journal entries?? |
|
Answer» gkjgajgjgajgajgjgakganvavnnvanvavnavn EXPLANATION:fajfafjgjajgagjagjgnagnangagngmagnagnanggnavna |
|
| 8078. |
Show the accounting equation on the basis of the following: 1- amit started business with cash 5,00,000 2-purchased goods on credit 50,0003-paid to creditors 30,0004- paid salaries 5,000 |
| Answer» U PAID 85000 THOUSAND remaining 4 lakh thousand | |
| 8079. |
debtors in beginning - rs 36,000 , debtors at the end - rs 42,000 , credit sales during the year - rs 1,95,000. calculate debtors turnover ratio. |
|
Answer» turnover ratio := CREDIT revenue from operations/ average trade receivables 195000/*39000 = 5 TIMES*average trade receivables={opening + CLOSING}/2 =( 36000+42000)/2 =39000 |
|
| 8080. |
ABC company is considering two manually exclusive projects.both require an initial investment of RS. 50000 each and have life of five years. The cost of capital of the company is 10% and the tax rate is 50%. Depreciation is charged on straight line method the estimate act cash inflows ( before depreciation and tax ) of the two projects are as follow Year project A. Project B.1. RS.20000. RS.300002. 22000. 270003. 28000. 220004. 25000. 250005. 30000. 200001. Which project should be accepted in per NPV and IRR method ?Or2. Explain the factors that determine the capital structure of a firm. |
|
Answer» 00NPV = PV OF FUTURE CASH FLOWS - INITIAL INVESTMENT PROJECT A = 65,506 - 50,000 = 15,506 PROJECT B = 66,759 - 50,000 = 16,759 PROJECT A NPV @ 10% = 15,506 PROJECT A NPV @ 20% = 51,083 - 50,000 = 1,083 = 10 + (1.075 X 10) = 20.75%PROJECT B NPV @ 10% = 16,759 PROJECT B NPV @ 20% = 53,241 - 50,000 = 3,241= 10 + (1.240 X 10) = 22.40% |
|
| 8081. |
J.90, 2018-19=7 4. From the following transactions of a concern, prepare the Machinery Account for theended 31st March, 2019:1st April, 2018 : Purchased a second-hand machinery for 40,000.1st April, 2018 : Spent 10,000 on repairs for making it serviceable.30th September, 2018 : Purchased additional new machinery for 20,000.31st December, 2018 : Repairs and renewal of machinery 3,000.31st March, 2019 : Depreciate the machinery at 10% p.a.[Balance of Machinery Alc on 1st April, 2019-64.000[Hint: The amount spent on repairs and renewal of machinery 3,000 on 31st Decembe2018 is of revenue nature and not of capital nature and hence not debited to theMachinery Account.] |
| Answer» | |
| 8082. |
What is the meaning of simultaneous equation? explain is characteristics? |
|
Answer» 1. (i) Characteristics of simultaneous EQUATIONS: (a) Involves TWO variables, usually in x and y. (b) Involves TWO equations : one LINEAR and the other non- linear . Back to BASIC (III) To express y in terms of x ( i ) 2x + y = 4 ( 1 ) 3X + y = 6 Test yourself: ( 2 ) x + 2Y = 2 ( 3 ) 2x – 3y = 2. 3. ( |
|
| 8083. |
give journal entry received cash from Ajay of rupees 9800 in full settlement of his account paid insurance premium of rupees 780 |
|
Answer» goods from Ajay ₹9,800 in goods purchased from ajay journal ENTRY. Rajan commenced business by introducing capital in cash on import of a machine all variance accounts to of! St July 2019, a LTD RETURNED the goods purchased for various members the! Were returned to RAM Bros. as the goods 5,000 worth of goods sold journal entry from |
|
| 8084. |
Income statement includes |
|
Answer» Elements of the Income StatementExplanation:The income statement consists of revenues (money received from the sale of products and SERVICES, before expenses are taken out, also known as the “top line”) and expenses, along with the RESULTING net income or loss over a period of time due to EARNING activities. |
|
| 8085. |
What type of problems does data redundancy cause |
|
Answer» dundancy occurs when the same PIECE of data exists in multiple places, whereas data INCONSISTENCY is when the same data exists in different formats in multiple TABLES. Unfortunately, data REDUNDANCY can CAUSE data inconsistency, which can provide a company with unreliable and/or meaningless information. |
|
| 8086. |
Cash flow statement is related to- |
|
Answer» gjdhsExplanation:FIR JB unki HO sab cucd7s73tu ABE fg GET band c can can can |
|
| 8087. |
Distinguish between sacrifice ratio and gaining ratio? |
| Answer» SACRIFICING ratio is calculated at the time of the ADMISSION of the partner. Gaining ratio is calculated at the time of death or RETIREMENT of the partner. It is calculated to determine the amount of COMPENSATION to be PAID by the incoming partner to the sacrificing partner as premium for goodwill or goodwill. | |
| 8088. |
calculate gross profit ratio from the following:- opening stock - rs 50000, cash sales - rs 100000, closing stock - rs 75000, return outward - rs 15000, credit sales - rs 170000, purchases - rs 200000, advertising expenses - rs 30000, carriage inwards - rs 10000. |
|
Answer» tion:SOLUTIONCredit Sale = Rs 5,00,000Rate of Credit Sale to Cash Sale = 4:1Cash Sale = 1/4 X 500000 = Rs 125000Total Sales = Cash Sales + Credit Sales= Rs 1,25,000 + Rs 5,00,000 = Rs 6,25,000Cost of Goods SOLD = Purchases -Return Outward + CARRIAGE Inwards +Wages + DECREASE in Inventory= Rs 3,00,000 - Rs 10,000 + Rs 10,000Rs 50,000 + Rs 10,000= Rs 3,60,000Gross PROFIT = Total Sales - Cost ofGoods Sold= Rs 6,25,000 – Rs 3,60,000 = Rs 2,65,000Gross Profit Ratio =GROSS Profit/Net Sales × 100265000/625000 x 100 = 42.40% |
|
| 8089. |
What will be the journal entries for closing depreciation account at the end of the accounting year |
| Answer» DEPRECIATION a/c DR To ASSET NAME | |
| 8090. |
Goodwill Co Ltd issued 25,000 shares of Rs 20 each at a premium of Rs 4 payable @ Rs 4 on application,Rs 6 on allotment (including premium) Rs 14 oncall. Applications were received for all the sharesand allotment was made. All calls were made andreceived. Write general entries and Balance Sheet ofGoodwill Co. Ltd. |
|
Answer» h I j k l the following ad listing of the following endangered ANIMALS and utt the following ad listing the following endangered species and their families and communities near the end I am from India and their own lives and PROPERTY of living allahabad high CO LTD sign in bathroom is not a good JOB on digital MAGAZINE of hills of a number algebraic expression or a Hindi poetry by Ranju Bhatia the LCM the LCM the following link the answer to the earth the LCM of a number algebraic expression of interest for your help and their own a home |
|
| 8091. |
विभाग्य लेखों के नाम लिखिए |
| Answer» UNDERSTAND. UR QUES | |
| 8092. |
Ritesh and Mitesh started a business on 1st April, 2018 and contributed the capital of `2,00,000 and `1,50,000 respectively. On 1st July, 2018, Ritesh gave a loan of `40,000 and mitesh introduced a fresh capital of `60,000. Profit for the year ended 31st March, 2019 was `75,800. There is no partnership deed. Both Ritesh and Mitesh also asked for a monthly salary of `2,000 as they spent additional over time on regular basis. Show the distribution of profit and prepare profit and loss appropriation account. |
| Answer» GR8 JUNCTION UT%:";hdhshsjdidid | |
| 8093. |
4. Calculate Closing Stock from the following details: Opening Stock20,000 PurchasesCash Sales*60,000 Credit SalesRate of Gross Profit on Cost 33 - %70,00040,000TTO |
| Answer» SEE in NET EASILY | |
| 8094. |
Journal entries of settled Ramesh account paying cash 20000 and received discount 5% |
|
Answer» tion: BANK a/c dr. 20000 to discount RECEIVED a/c. 1000 to RAMESH a/c. 19000 |
|
| 8095. |
What do u understand by financial statements |
|
Answer» Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, FINANCING, or INVESTING purposes. ... Income statement. Cash FLOW statement. |
|
| 8096. |
What is the journal entry when interest allowed on deposit for 1800 by bank |
|
Answer» Bank a/c Dr. To Interest received a/c EXPLANATION:when bank PAYS US interest, our balance with bank increases, so bank is a receiver in a WAY, so it is DEBITED. |
|
| 8097. |
The amount due to deceased partner is paid to his |
|
Answer» the AMOUNT DUE to deceased PARTNER is paid to his Executors.Explanation:PLEASE mark as brainlist |
|
| 8098. |
Settled Ramesh account paying cash 20000and received 5% discount(journal entries) |
|
Answer» irjdnd sjdjbdbe rhrnnfjf djdjjdjdExplanation:jsjjsjso3lekekem euejnenrh ehhenr |
|
| 8099. |
Settled Ramesh account paying cash 20000and received 5% discount |
|
Answer» payment by remesh expense a/c. DR. 20000 to bank ACCOUNT. 20000discount received discount received a/c. 1000 to bank account. 1000 |
|
| 8100. |
Illustration 26 (With GST). ABC Ltd. purchased a plant on 1st April, 2017 for 1,00,000. On 1st October, 2017an additional plant was purchased costing 50,000 plus CGST and SGST @ 6% eachOn 1st October, 2018 the plant purchased on 1st April, 2017, having become obsoletewas sold for 40,000, charging CGST and SGST @ 6% each. Depreciation is provided@ 10% p.a. on cost on 31st March every year. Show the Machinery, MachineryDisposal and Provision for Depreciation Accounts for the years ended 31st March, 2018and 2019. Also show CGST and SGST Accounts for |
|
Answer» *_NEW ARRIVALS*_ *FACE Towel / HANKY* (Pack of 12)*_For Online_*Fabric : 100% cotton Size : 25 x 25 cmsWeight : 300gLong strength and durabilityExtra-absorbent looped TERRY designReinforced edges to PREVENT unravelingMachine washable and DRYER safe*Price : ₹350 (Pack of 12)*FREE shipping ✈️✈️ |
|