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.
| 8102. |
show accounting equation from the following: 1- putul started business with cash 1,00,000. 2-purchased goods for cash 20,000. 3- sold goods for cash(cost 10,000) 15,000 |
| Answer» TION:Show ACCOUNTING equation from the following: 1- putul started business with cash 1,00000. 2-purchased ... 3- sold goods for cash(cost 10,000) 15,000. 1. SEE answer.0 votes | |
| 8103. |
Settled Ramesh account paying cash 20000 and received 5% |
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Answer» rnal entry is as follows:Bank a/c dr (AMT due less discount)Discount allowed a/c dr (discount amt)To RAM’s a/c (full amt)Bank is RECEIVER so debitedDiscount is allowed and is expense of business so debitedRam’s a/c was shown as debtor in the previous transactions and as his account is settled , he is no more debtor so credited. (Moreover he is also the GIVER so credited.) |
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| 8104. |
Settled Ramesh account paying cash 20000 and received 5% discount |
| Answer» HOPE it HELPS you MARK me in BRAIN LIST | |
| 8105. |
From the following transactions prepare proper subsidiary book. 2018 Jan – 1 Purchases goods from Pramod 1,000 Jan – 5 Sold goods to Venkat 1,500 Jan – 8 Purchased goods to from Das less 5% 800 Jan – 12 Returned goods to Pramod 50 Jan – 15 Sold goods to Niranjana 900 Jan – 22 Purchased goods from Madan 600 Jan – 24 Raja purchased goods from us 800 Jan – 25 Returned goods to Das 40 Jan – 26 We bought goods from Raja 1,500 Jan – 28 Sold goods to Sunil less 5% 1,000 Jan – 30 Received goods returned by Niranjana 50 |
| Answer» 0 RECEIVED goods returned by NIRANJANA 50 | |
| 8106. |
The activities included in business planning are- (a) planning the organisation (b) planning the organisation (c) planning the manpower requirement (D) all of the above |
| Answer» CRAFTING a Budget. ...Accounting Operations and Management. ...Marketing Plans and BRAND Recognition. ...Growing Sales and Building Relationships. ...Hiring Qualified Employees. ...CUSTOMER Service and Preserving Relationships.hope it helps youplease mark me BRAINLIEST | |
| 8107. |
The closing stock is 20,000 less then the opening stock,the stock turnover ratio will be |
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Answer» 1:2Hope this HELPS. PLEASE do MARK my ANSWER as the BRAINLIEST |
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| 8108. |
Draw the diagram of accounting cycle |
| Answer» TION:PLS MARK me as BRAINLIEST | |
| 8109. |
The ideal debt equity ratio is- |
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Answer» The optimal debt-to-equity RATIO will TEND to vary widely by industry, but the general consensus is that it should not be above a level of 2.0. While some very large companies in fixed asset-heavy industries (such as mining or manufacturing) MAY have ratios higher than 2, these are the exception rather than the rule.Explanation:PLEASE MARK ME BRAINLIEST |
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| 8110. |
11. Prepare Sudha account from the following: 12018February 1Amount due from Sudha8,0004 Goods sold to Sudha11,00012 Goods returned by Sudha4,00016 Cash received from Sudha3,00022 Received cheque from Sudha* 6,00028 Sudha account settled with 10% discount[ Ans: Cash Received * 5,400; Discount allowed 600 ] |
| Answer» OPTION a is the RIGHT ANSWER | |
| 8111. |
Why we prepare Journal? |
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Answer» no comments regarding the following endangered species of the following endangered species of the following endangered species of HD stock FOOTAGE clip of the following endangered species of the following endangered speciesExplanation: there is a irreversible chan tahole to your site to GET limited number of the following endangered species of FISH ndjjd if you have received w Mumbai and Pune Maharashtra to the earth and |
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| 8112. |
Journal in Derived from the __________ word |
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| 8113. |
Money at call and short notice is shown in the final account of a bank in which schedule |
| Answer» TION:MARK BRAINLIST follow=followHope it HELPS | |
| 8114. |
Please answer question number 3 in detail |
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Answer» refresh or try again later to aapka hua kuchh tha to Ham KARKE USE of the rate of 4 1 2 per CENT of the rate |
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| 8115. |
1,00.000 8.0008 2 8Sold goods to AmitMarchased from Rama4,00020.000Purchased computer and paid by chequeVeran withdreash for his personal expense5.000Pumie pchased10.00013Remed goods to Rama500Ahiretamed goods1.00020Adhertisement Expenses1,0003,0002,000Deposited cash with Syndicate BankGoods withdrawn for personal workCashi to Ramesh Rs 3.900 and discount receivedCashmoved from Ram Rs 2.800 and discount allowed100200Cash withdrawn from henk foroffice use6,00020.000Salnes paid by chequeJomaliatheflowing sections |
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Answer» 1000000000000000000000 |
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| 8116. |
ram commenced business with the capital of 30000 represented by cash in hand 500 cash at Bank 5200 furniture and fitting 3000 plant and machinery 21300 what is the journal entry |
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| 8117. |
If annual demand for product is 13000 units weekly demand is 250 units with standard deviation of 40 units . The cost of placing order is Rs 100 and time from ordering to receipt is four weeks. The annual inventory carring cost is Rs 0.65 per unit. To provide 98% service probability. What must be reorder point |
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Answer» The phytonutrients in honey are responsible for its antioxidant PROPERTIES, as WELL as its ANTIBACTERIAL and antifungal POWER. They're also thought to be the reason raw honey has shown immune-boosting and anticancer benefits. Heavy processing destroys these valuable nutrientsExplanation: |
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| 8118. |
Balance amount which is payable to d.k motors rs4000finacial by s.k finance co. journal entery |
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Answer» घबैचभझचबचझस़तह़चहछ़भ़छभ |
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| 8119. |
9.The Receipts and Payments Account of a club shows Rs 60,000 as the subscription received during 2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the end of the year was Rs 3,800. There was no unearned subscription on 01-04-2016. but that on 31-03-2017 was Rs 1,400. Prepare a statement showing the amount of subscription to be credited to the Income and Expenditure Account for the year ending 31-03-2017. |
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Answer» 9.The Receipts and Payments Account of a CLUB shows Rs 60,000 as the subscription received during2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the END of THEYEAR was Rs 3,800. There was no unearned subscription on 01-04-2016. but that on 31-03-2017 wasRs 1,400.Prepare a STATEMENT showing the AMOUNT of subscription to be credited to the Income andExpenditure Account for the year ending 31-03-2017. |
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| 8120. |
Cash – book is a main book as well as …………… book. |
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| 8121. |
Chapter 8. Company Accounts-Accounting for Share Capital 8.125 34. Competent Ltd. issued a prospectus inviting applications for 50,000 Equity Shares of 10 each, payable*5 as per application (including 2 as premium), 24 as per allotment and the balance towards first andfinal call.Applications were received for 65,000 shares. Application money received on 5,000 shares was refundedwith letter of regret and allotments were made on pro rata basis to the applicants of 60,000 shares. Moneyoverpaid on applications including premium was adjusted on account of sums due on allotment.Mr. Sharma to whom 700 shares were allotted failed to pay the allotment money and his shares wereforfeited by the Directors on his subsequent failure to pay the call money.All the forfeited shares were subsequently sold to Mr. Jain credited as fully paid-up for 9 per share.You are required to set out the Journal entries and the relevant entries in the Cash Book. |
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Answer» 7tsdtutidtisittusiyddiysitzyrutsdtutuddiyitd |
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| 8122. |
Printing and stationery where will be in trial balance |
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Answer» yessssssssssssssssssdsssssssssssds |
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| 8123. |
कमेंट बिजनेस विद ए कैपिटल ऑफ 100000 |
| Answer» TION:जब नदी अपने किनारे को छोड़ती तब बड़ी - बड़ी चट्टानों को तोड देती है , जब नदी अपने किनारे को छोड़ती तब बड़ी - बड़ी चट्टानों को तोड देती है , और अगर छोटी सी बात चुभ जाए दिल में तो इंसान की राह को मोड देती है | | |
| 8124. |
Bhoosan and comapny purchased a machinery on 1st decemebr 2016 for ₹30,000. Depreciation was provided on machinery @10% per annum. On December 01-2018 the machine was sold of ₹26000. please make a machinery account of this question. please help me |
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Answer» On 1ST DECEMBER, 2016, it purchased another MACHINE for ₹ 30,000. ... Value of Machinery on APR. 01, 2018, 26,000Explanation:Mark me as brainliest Thank you |
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| 8125. |
Selection of best accounting software – write short note. |
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Answer» ing software :ready-made software are the software's that developed not for any specific user but for the user in general. some of the ready-made softwears available are tally, ex, busy .such software's are economical are ready to use. customised software :It means the modifieing the ready-made softwears suit the specific requirements of the user ready- made softwears are MODIFIED to according to the need of BUSINESS COST. |
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| 8126. |
Achal of Ahmedabad entered into joint venture with Bharat of Bharuch to purchase and sale mobile phones with an understanding to share profits/losses in the ratio 1:2. Achal brought Rs.5,00,000 and Bharat brought Rs.10,00,000 in cash which was deposited in the Joint Bank A/c. Achal bought 100 mobile phones at Rs.9,000 each by making payment from Joint Bank A/c. He paid Rs.16,000 towards freight and Rs.4,000 towards Octroi from his personal cash. Bharat sourced 70 mobile phones at Rs.8,000 each by making payment from Joint Bank A/c. 10 mobile phones purchased by Bharat were damaged for which, Bharat paid Rs.1,250/- per mobile phone for repairs from his personal cash.Bharat sold 150 mobile phones at the rate of Rs.12,000 per mobile phone and 10 mobile phones at the rate of Rs.8,000 per mobile phone. Sales proceeds were received in cash which was then deposited in joint bank account. 10 mobile phones purchased by Achal were in stock. It was estimated that Net Realisable Value of these mobile phones would be Rs.8,000 per mobile phone.Prepare Joint Venture A/c,. Joint Bank A/c., Cash A/c. and Co-venturers’ A/cs. Show calculation of value of closing stock. |
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| 8127. |
Develop a case study of a sole trader starting a business with a certain amount of capital |
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Answer» Then ‘closing time’ CAME and we had to leave. My wife cried BITTERLY; Baba cried bitterly; even the hardened CURATOR and the KEEPERS felt depressed”. Do you think that the bond of love is so strong that the pain of separation becomes unbearable? Support your answer.please give me a proper answerI really need it |
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| 8128. |
Plss solve the question as quick as possible |
| Answer» HOPE the above ATTACHMENT will HELP you | |
| 8129. |
__________________ is an art of starting up a business. |
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Answer» Art Buying and SELLING- The traditional and the most comfortable way of INVESTING in a piece of art, can be a painting or a sculpture. One GOES to an art gallery and picks up from the stock of work that ALREADY exists and the cycle of buying and selling is maintained thereon. |
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| 8130. |
Interest On Deposit Is Not In Income And Expenditure Account What Is The Reason For That? |
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Answer» The role of a non-trading firm is to provide services to its members. HOWEVER, in order to do the same, it needs to EARN some revenue and incur certain expenditures. When a non-profit firm does so, it needs to prepare an income and expenditure account, which can help it in ascertaining the surplus EARNED or deficiency INCURRED during a period. Let us UNDERSTAND more about the income and expenditure account which is prepared by a non-profit organization. |
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| 8131. |
Discount allowed appearing in the trail balance are soon |
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Answer» what SAY I don't UNDERSTAND OK |
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| 8132. |
In 2015 Mr Ahmed bought approximately an acre of land on the east side of lahore for Rs 1,000,000 Who was considered a shrewd investor made many such purchase . How much would his descendants have in 2020 if instead of buying the land Mr Ahmed has invested Rs 1,000,000at 5% compound annual interest ? |
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Answer» 1276281.563Explanation:1000000*(1.05)*(1.05)*(1.05)*(1.05)*(1.05) |
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| 8133. |
Bill accepted by customers are recorded in which book |
| Answer» BUSINESS' BOOK. PROFIT and LOSS ACCOUNT | |
| 8134. |
Mention anytwo demerits of Nationalism. |
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Answer» The Early Nationalists have been criticised for USING petitions and PRAYERS to the government as a method of agitation. It has been CONTENDED that such method COULD have never resulted in the independence of the country. They failed in DRAWING masses into national movement. |
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| 8135. |
Mention anytwo demerits of Nationalism |
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Answer» demerits of nationalism are as a follows - :It endanger world PEACE It can INSPIRE IMPERIALISTIC ATTITUDE It LEAD to exploitation |
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| 8136. |
Writeanytwo merits of Nationalism. |
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Answer» Merits of NATIONALISM are as follows:Inspires PATRIOTISM It promotes culture and traditionIt LEADS to liberalismReduces the differences between Majority and minoritiesDemerits of Nationalism are as follows:It endangers world peaceIt can inspire imperialistic attitudeIt leads to EXPLOITATION |
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| 8137. |
500 interest on overdraft credited to interest received account |
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| 8138. |
if opening creditors are rs.30000, closing creditors are rs 45000 and the payment to creditors rs.87500 the credit purchase will be |
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Answer» is ANS |
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| 8139. |
Journal entry for traveling expenses paid to salesman . |
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Answer» From the expense claim the business will post the following reimbursed expenses JOURNAL entry. The debit of 200 represents the travel expense in the income statement of the business. The credit establishes a CURRENT liability account in the balance SHEET representing the amount due to the employeeExplanation:HOPE it helped youPlease MARK as Brainliest answerThank you for your question |
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| 8140. |
Write the short note on Computer Accounting |
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Answer» rized accounting systems are software programs that are stored on a company's computer, NETWORK server, or REMOTELY accessed via the Internet. COMPUTERIZED accounting systems allow you to set up income and expense ACCOUNTS, such as rental or sales income, salaries, advertising expenses, and material costs. |
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| 8141. |
"Single Entry System of book keeping is most incomplete, inaccurate, unscientific and unsystematic." Discuss this statement. |
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Answer» Single entry system does not follow proper accounting rules and principles to record the financial transactions. So, it is UNSYSTEMATIC and unscientific system of recording transactions which cannot be taken as authentic source. ... Therefore, arithmetical accuracy is not possible in the absence of TRIAL BALANCE. |
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| 8142. |
A farmer packed some potatoes and carrots into bags. Of these bags 3/5 were bags of potatoes and the rest were bags of carrots. After selling 45 bags of potatoesand 3/4 of the bags of carrots, the farmer had1/4of the bags left. How many bags ofpotatoes and carrots did the farmer sell in all? |
| Answer» MARK me as brainliest Explanation:Answer:A computer is a machine that can be instructed to carry out sequences of arithmetic or logical operations automatically VIA computer programming. Modern COMPUTERS have the ability to follow generalized sets of operations, CALLED programs. These programs enable computers to PERFORM an extremely wide range of tasks. | |
| 8143. |
New accounting practices evolved in the 19th and early 20th centuries |
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Answer» The first half of the 20th century was a time where accounting practices were EVOLVING at a fast pace. Below is only a selection of titles found in the Library's collection that cover that period. This list includes a few basic titles as well as some titles written by early inductees of the Accounting Hall of Fame EXTERNAL. To see a list of titles in chronological order, please go to the Search the Library's CATALOG page and after clicking on one of the subject headings, sort the titles by date. We have also INCLUDED a NUMBER of encyclopedias, bibliographies, and dictionaries. |
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| 8144. |
How to write asimple cashbook illustrate |
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Answer» tion'-The CASH book is set up in columns. There are three common versions of the cash book: SINGLE COLUMN, double column, and triple column. The single-column cash book shows only RECEIPTS and PAYMENTS of cash. The double-column cash book shows cash receipts and payments as well as details about bank transactions. |
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| 8145. |
Under which head will income from letting on hire of machinery etc. be taxed if the same is not chargeable under the head 'Profits and Gains of Business and Profession (a) Income from Other Sources (b) Salaries (c) Capital Gains (d) Income from House Property |
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Answer» If an ASSESSEE lets on hire machinery, plant or furniture and ALSO building and LETTING of building is INSEPARABLE from letting of machinery, plant or furniture, income from such letting is TAXABLE as income from other sources, if the same is not chargeable to tax under the head “Profits and gains of business |
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| 8146. |
Stock of stationery is which type of account |
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Answer» If you're USING stationery in your DAILY business, then you have a stock of it, so until it's used up, it's an ASSET (prepaid stationery). Once it's used up, it becomes an expense. SINCE stationery is usually a small amount, it's expensed right away so not to complicate the prepaid asset accounting. |
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| 8147. |
Sold goods worth 15000 to tarun |
| Answer» TARUN a/cTo Goods/Stock a/c | |
| 8148. |
. On 1st May 1999, the following were the ledger balance of Ms. Kishan Lal & COR Cash in hand Rs. 600; Cash at Bank Rs. 14.000;Bills payable Rs. 2,000; Jamal (Dr) Rs. 1,600;Stock Rs. 8,000;Guru (Cr) Rs. 4,000;Sankar (Dr) Rs.3.000; Rahim (Cr) Rs. 1.800;Capital Rs. 19,400.Transactions during the month were :Rs.May2 Bought goods of Guru1.8003 Sold to Sankar2,0005 Bought of Rahim2.4008 Sold to Jamal1,00015 Guru paid by Cheque1,50018 Received from Sankar by Cheque4,000Allowed him discount10019 Sold goods to Sankar20 Paid rent by cheque30025 Sold to Jamal2,00031 Paid salaries600Journalise the above transactions and post the entries in the ledger accountsplease solutions for this sum |
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Answer» Human Factors ENGINEERING is an interdisciplinary FIELD of study that is CONCERNED with the interaction between humans and their environment, be it with TECHNOLOGY or social STRUCTURE, at work or at play.and girls |
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| 8149. |
A Ltd. purchased a machinery for 40 lakhs. (Useful life 4 years and residual value 78 lakhs) Government grant received is 16 lakhs.Show the Journal Entry to be passed at the time of refund of grant in the third yearand the value of the fixed assets, if:(1) the grant is credited to Fixed Assets A/c.(2) the grant is credited to Deferred Grant A/c. |
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Answer» uuuuooooooooo |
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| 8150. |
when we subtract new ratio from old ratio then result will be option giving ratio new ratio sacrifice ratio old ratio |
| Answer» SACRIFICE ratioExplanation:sacrifice RATIO= old-new | |