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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.
| 8501. |
Which of the following would not be included in the cost of an item of property plant and equipment |
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Answer» :ans = the following would not be included in the cost of an item of property plant and equipmenat are ; ( i ) DELIVERY and Installation charge .( II ) testing cost .( iii ) Refundable value added TAX .( iv ) site preparation cost . plz follow me guys if you follow me i will ALSO follow yoj back . |
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| 8502. |
The following balances are extracted from the books of Riya Products Ltd. as on 31st March, 2020: - Rs.Share capital 2,40,000Reserves & surplus (including current year’s profit) 1,40,00015% Mortgage Loan 1,60,000Trade Payables 1,20,000Bank Overdraft 60,000Tangible Fixed assets 4,20,000Intangible Fixed assets 50,000Inventory 90,000Cash & cash Equivalent 1,20,000Short term Investments 40,000Net Profit payment of interest and income tax amounted to Rs.60,000. Rate of Income Tax 50%. Calculate the following ratios and give your comments: - i) Current ratio |
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Answer» hope it will HELP you so MUCH and your TENSION will away I DONT KNOW THE ANSWER |
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| 8503. |
Radha and gita share profit in the ratio of 3:1.and seema is amitted taking 1/8th of profit from each patner.calculate the new profit sharing ratio. |
| Answer» HELPS you BUDDY..❣❣✨✨ | |
| 8504. |
it is a reliable sum can anyone will plz solve this plz don't send useless question I will report it...... |
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Answer» aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaAaaaaaaaaaaaaaaaaaAAaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa |
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| 8505. |
Paid folr account payable for rs 11000 in full settlement |
| Answer» PLZ COMPLETE your QUESTION plz | |
| 8506. |
સૂચક આંક ની રચના કઇ સરેરાશ પ્રચલિત છે |
| Answer» SORRY BUTCAN you please WRITE in HINDI or ENGLISH | |
| 8507. |
How can these problem be solved? Is an example of a critical question |
| Answer» | |
| 8508. |
Allotment andManish Itd, Issued shares of a 10 each at 10x. Premium payableas follows-on application 2 ou allot. P5, 2ou Ist callPushpendra who washolding 50 shares did notbayMoney :His share were forfeited andholding to shares did not pay Pst calland his shares were also forfeited these Sharesfosteited after 2.5t call les before makingcall, fournillies Transaction to record forfeitedSanjayIstcallwho wadweresecondof shares. |
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Answer» bsjjsbebsjdjmc d sbwkdbf. e SACHE F f fbjfbf f fbnfjcnr R ferne. r t f t t r rnndjbdbr r behenji. believe r fbhb. OK bye B. kya. ek no. |
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| 8512. |
Strong and Weak are partners sharing profits in the ratio of 2 : 3. On 1st April, 2020, they admit Able as partner for 1/4th share in profits. Able brought * 1,00,000 as his capital and36,000 as premium for goodwill for his 1/4th share in the profits. New profit-sharing ratioof Strong, Weak and Able is agreed to be 3:3:2. Strong and Weak withdraw the premiumfor goodwill. Pass necessary Journal entries. |
| Answer» STRONG : weak 2:3new PARTNER Able = 1/4first STEP :- calculate the sacrificing ratiosacrifice = old share - new share strong = 2/5 - 3/8 = 1/40weak = 3/5 - 3/8 = 9/40gain of able = 1/4sacrificing ratio = 1:9cash AC...... Dr 1,36,000 to Able's CAPITAL AC 1,00,000 to premium for goodwill 36,000premium for goodwill AC.... Dr. 36,000 to strong's capital AC 3,600 to weak's capital AC 32,400strong's capital AC....... Dr 3,600weak's capital AC......... Dr 32,400 to cash AC 36,000 | |
| 8513. |
Enter the following trasactions in the journal of suresh,Delhi who trades in readymade gaments |
| Answer» | |
| 8514. |
Postage, printing and stationery, advertising, purchase. odd one out |
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Answer» postageExplanation:PRINTING HELPS in ADVERTISING and through advertising a CONSUMER purchse any ITEM |
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| 8515. |
bought of chaturvedi and Co. furniture on credit rs. 3000 make a journal entry of this... plz I need help |
| Answer» FURNITURE A/c. DR. 3000 To CHATURVEDI and CO. 3000 | |
| 8516. |
Mahadev Company Ltd., registered with a nominal capital of Rs. 2,50,000 in shares at Rs. 100 each: 1,500 of which were issued payable as to Rs. 12.50 onapplication, Rs. 12.50 on allotment, Rs. 25 three months after allotment and thebalance to be called up as and when required. All the money upto allotment wereduly received by as regards the call of Rs. 25, a shareholder holding 100 sharesdid not pay the amount due. Another shareholder who was allotted 150 sharespaid them up in full.Pass journal entries and prepare Balance Sheet. |
| Answer» PLEASE EXPLAIN PROPERLY | |
| 8517. |
ZX Limited invited application for issuing 4,00,000 equity share of `10 each payable at a premium of `10 payable with final call. Amount per share was payable as follows : On Application `2 On Allotment `3 On First call `2 On Final call balance Application for 12,00,000 shares were received. Application for 50,000 shares were rejected and application money was refunded. Allotment was made to the remaining applicants as follows : Category Number of shares applied Number of shares allotted I 2,00,000 1,00,000 II 5,50,000 2,00,000 III 4,00,000 1,00,000 Excess application money received with application was adjusted towards sum due on allotment. Balance if any was adjusted against future calls. Gopal a shareholder belonging to category I, who applied for 4,000 shares paid his entire sum along with allotment. Govind a shareholder belonging to category I , to whom 1,000 shares were allotted paid his allotment money and final call money along with first call money. Madan , a shareholder belonging to category II , who applied for 2,750 shares paid his first call money along with final call. Manohar , a shareholder belonging to category III , to whom 1,000 shares were allotted failed to pay final call money. Pass necessary journal entries for the above transactions in the book of ZX Ltd. |
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Answer» tion:ZX Limited invited application for issuing 4,00,000 equity share of `10 each payable at a premium of `10 payable with final call. Amount per share was payable as follows : On Application `2 On Allotment `3 On First call `2 On Final call balance Application for 12,00,000 shares were received. Application for 50,000 shares were rejected and application money was refunded. Allotment was made to the remaining applicants as follows : Category Number of shares applied Number of shares allotted I 2,00,000 1,00,000 II 5,50,000 2,00,000 III 4,00,000 1,00,000 Excess application money received with application was adjusted TOWARDS sum due on allotment. Balance if any was adjusted against future CALLS. Gopal a shareholder BELONGING to category I, who applied for 4,000 shares paid his entire sum along with allotment. Govind a shareholder belonging to category I , to whom 1,000 shares were allotted paid his allotment money and final call money along with first call money. Madan , a shareholder belonging to category II , who applied for 2,750 shares paid his first call money along with final call. Manohar , a shareholder belonging to category III , to whom 1,000 shares were allotted failed to pay final call money. PASS necessary journal entries for the above transactions in the book of ZX Ltd. |
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| 8518. |
Bought of chaturvedi and Co. furniture on credit rs. 3000 |
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Answer» Furniture a/c. dr 3000 to CHATURVEDI and Co. a/c 3000(Being goods PURCHASE on credit)HOPE it HELPS youPlease mark me as brainlist please mark me |
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| 8519. |
Glen Pool Club, Inc., has a $300,000 mortgage liability. The mortgage is payable in monthly installments of $3000, which include interest computed at an annual rate of 12 percent. Requirements Prepare a partial amortization table showing (1) the original balance of this loan, and (2) the allocation of the first two monthly payments between interest expense and the reduction in the mortgage’s unpaid balance. (Round to the nearest dollar.) |
| Answer» TION:fgggghudhddhhrrhdysehyaaaUhsddhsajjjt | |
| 8520. |
Guy's plzz tell me which is the best extra book for accounts class 11......... |
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Answer» hope it HELPS u .. but I m only in 9th so not having more idea... let friend sExplanation:T.S. Grewal's Double Entry Book Keeping : Financial Accounting Textbook for CBSE 11 (EXAMINATION 2020-2021) ...CBSE All In One Accountancy Class 11 for 2021 Exam. ...Oswaal CBSE Question Bank Class 11 Accountancy Book Chapterwise & Topicwise Includes Objective TYPES & MCQ's (For 2021 Exam) |
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| 8521. |
1._____perform the function of harnessing the potentials of any or all various elements and the like fill in the blank entrepreneur |
| Answer» ENTREPRENEURSHIP is the right ANSWER.HOPE THIS ANSWER HELPS YOU, PLEASE MARK ME AS BRAINLIEST. | |
| 8522. |
What are the remedies available to an aggrieved person in tha case of breach of contract explain |
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Answer» ld be noted that when no LOSS arises from the breach of CONTRACT, only NOMINAL damages are AWARDED. Damages are given by way of restitution and compensation only, and not by way of punishment. The aggrieved party can therefore recover the actual loss caused to him as compensation. |
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| 8523. |
In pure binary numeration system with n=6 bits how is represented the value 62 ? |
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| 8524. |
Company sales goods by sbi general entry |
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Answer» Cash PURCHASE, on the other HAND, is simple and EASY to ACCOUNT for. In case of cash Purchase, the “Purchase account” is debited, whereas “Cash account” is credited with the EQUAL amount. |
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| 8525. |
A) purchased goods from ram and company nagpur for 50,000 b) returned goods worth 5000 to ram and company , nagpurc) purchased goods from hari and company kolkata for 20,000d) returned goods worth 5000 to hari and companye)sold goods to mr.S kolkata for 1,00,000f) sold goods for cash rs 10,000g)sold goods on credit to narien and company delhi for 1,00,000h)narien and company goods worth rs 10,00,000CGST and SGST @9% each is to be levied on intrastate while IGST is to levied @18% on interstate transaction |
| Answer» RETURNED GOODS WORTH 5000 to ram and company , nagpurc) purchased goods from hari and company KOLKATA for 20,000 | |
| 8526. |
5 व्यष्टि अर्थशास्त्र का क्षेत्र क्या है ? What is the area of microeconomics?उत्तर-व्यष्टि अर्थशास्त्र का क्षेत्र है-(क) माँग का सिद्धांत,(ख) उत्पादन का सिद्धांत,(ग) लागत का सिद्धांत,(घ) वस्तु कीमत का सिद्धांत,(ङ) वितरण का सिद्धांत,(च) आर्थिक कल्याण का सिद्धांत । |
| Answer» TION: | |
| 8527. |
Reserve is made ____ |
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Answer» tion:A reserve is profits that have been appropriated for a particular PURPOSE. RESERVES are sometimes set up to PURCHASE fixed assets, pay an EXPECTED legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so FORTH |
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| 8528. |
Sneha invested Rs.75,000 in equity shares of Rs. 10 F.V. and market value of Rs. 85 each After receiving 15% dividend she sold all the shares at Rs.70 each. She paid brokerage of 1.5% on both the transaction. Find her profit or loss. |
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Answer» Sneha invested Rs.75,000 in EQUITY shares of Rs. 10 F.V. and MARKET value of Rs. 85 each After RECEIVING 15% dividend she SOLD all the shares at Rs.70 each. She paid brokerage of 1.5% on both the transaction. Find her profit or loss. |
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| 8529. |
Which type of transaction are recorded in journal proper? |
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Answer» A Journal proper is used for recording those transactions which do not find a PLACE in any other subsidiary book such as Cash Book, Purchases Book, SALES Book, BILLS PAYABLE Book, etc. |
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| 8530. |
मारवानिए जुलाईतिमा सुगताशी सूजनीयर पातासौर माह अंत में ओ , हानिएनकर नींवर म निमा36000ujyा फनीपरतफर पिण10000२- अरून टेटर्स से खार18000फीचर खरीणजाई-ar फलीपिर पर मम लगाया 5000मालाई |
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Answer» A Aaaaaaaaaaaaaaaaaaaa |
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| 8531. |
The credit entry for a net profit is on the credit side of |
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Answer» Trading profitExplanation:The credit ENTRY for a NET PROFIT is on the credit SIDE of trading profit. |
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| 8532. |
4. The principal Rs. A, borrowed at A% per annum simple interest, for A months will amount to:A. A(I+A/12)B. A((1+A/1200)C. (A+A")/1200D. A(1+A/1200) |
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Answer» Good NIGHT the DAY happy birthday to my hand email and any files transmitted is intended for their support.Explanation:BHAI ji ki JAI ho in Mumbai and reflection in the world have natural. |
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| 8533. |
Shyam ne 29 screen wala TV set kiraya ke Aadhar per kharida kiraya crime Al 35000 prakar se bhugtan Karta hai TV set prapt karne samay 7000 varsh 14000 varsh bad 7000 3 varsh bad 7000 TV set ka Nagar 30800 hai |
| Answer» TELL the QUESTION in FULL english.Explanation:This is MEANINGLESS QUESTIONS | |
| 8534. |
13. JOHRI WINDOW HAS --REGIONS(A) ONE(B) TWO(C) THREE(D) FOUR14. IN JOHRI WINDOW OPEN AREA IS-(A) KNOWN BY SELF(B) UNKNOWN BY SELF(C) UNKNOWN BY OTHERS(D) KNOWN BY OTHERS |
| Answer» 13 (D) FOUR14 (D) KNOWN BY OTHERS | |
| 8535. |
Goods returned to vinod kumar |
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Answer» what is the QUESTION ??EXPLANATION:SORRY I can't UNDERSTAND |
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| 8536. |
What is tally and it's benifit |
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Answer» Tally helps in maintaining financial record of the COMPANY that includes net deductions, taxes, bonuses, and net payment. Management in banking sector – Banks use Tally to CALCULATE interests on DEPOSITS and also manage various user accounts. Tally support ensures EASE in calculation and makes banking simpler |
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| 8537. |
Z ltd was registered with an authorised capital of 6000000 divided in 60000 equity shares of 100 each.Company issued 25000 equity shares at a premium of 20 per share payable as follows:30 on application ;45 on allotment(including premium); 20 on first call and 25 on second call. All shares were subscribed and all the money was duly received. Share issue expenses amounted to 40000 which were full written off against securities premium. Prepare journal |
| Answer» TION: The ANSWER of accountary is = 490000 | |
| 8538. |
8Returned goods to Himani |
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Answer» what. zjdjskwkqlaoksmxmdkdodkxmxlskdndekieeiid on CAMERA AAP to |
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| 8539. |
3. Goods worth $25,000 and cash 40.000 were taken away by the proprietor for his personal use.4. Goods worth 20,000 and cash 5,000 were given away as charity5. Cash 1,00,000 were stolen from the Iron Safe of the trader. |
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Answer» you is FUKE of blood mad of DOM OK the not ask again okk you fuker |
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| 8540. |
Goods sold to anil and allowed 10% trade discount |
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Answer» rryyour QUESTION is INCOMPLETE |
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| 8541. |
Sold goods to ashok for 8000 |
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Answer» When the EGG is not fertilized, it is SHREDDED off from the body and MENSTRUAL cycle takes place. Ovary releases one egg every month. At the same time, the uterus also PREPARES itself to receive a fertilized egg. The endometrium LINING becomes thick and spongy for carrying embryo.Explanation:BRO COMPLETER YOUR QUESTION PLEASE REQUEST |
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| 8542. |
Suman Ltd. produces a product Zenu' which is sold in a 20 kg. packet. The standard cost card per packet 18. Standard costing.of Zenu' are as follows:₹1,800Direct Materials (20 kg @ Rs. 9 per kg.)800Direct Labour (16 hours @ Rs. 50 per hour)160Variable overhead (16 hours @ Rs. 10 per hour)200Fixed overhead2.960Budgeted output for the last quarter was 20000 kg. Actual output is 18000 kg.Rs.Direct materials (17800 kg @ Rs. 92 per kg)16,37,600Direct Labour (14000 hours @ Rs. 52 per kg)7,28,000Variable overhead incurred1,45,000Fixed overhead incurred1,92,000You are required to calculate:(a) Material usage variance(b) Material Price variance(c) Labour rate variance(d) Labour efficiency variance(e) Variable overhead cost variance(f) Fixed overhead Cost variance. |
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Answer» isska BHI NAHI PATA BC OLAF..d.d.sosofkskjdfjixisjsntjgoaoaoaoaoaoaooaoaoaoaoaoaoaooaolalalallalal |
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| 8543. |
What is an entrepreneurship? |
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Answer» Entrepreneurship is the CREATION or extraction of value. With this definition, entrepreneurship is VIEWED as change, generally entailing RISK BEYOND what is normally encountered in STARTING a business, which may include other values than simply economic ones.Explanation: |
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| 8544. |
when assets are gradually realised what precautions are to be taken in preparation of statement of distribution of cash? |
| Answer» PIECEMEAL DISTRIBUTION: REALISATION AccountExplanation: | |
| 8545. |
Son debtors. Provision for legal damages is to be increased by Rs 1200 and furniture to be brought upto Rs 45000o Goodwill or the firm is valued at Rs 42000y R$ 26000 from B's capital account be transferred to his loan account and balance to be paid throughbank, if required, necessary loan may be obtained from bank.New profīt sharing ratio of A and C is decided to be 5:1Prepare Revaluation Account, Partners Capital Account and Balance sheet.PART - B(Analysis of Financial Statement)23. Proposed dividend is aliability24. Ir qurok rate is 3:1 and current liabilities are Rs 60,000, then quick asset will be1Rs 120.000b) Rs 30,000Rs 2.10.000Rs 1,80,00025. Ratio analysis and cash flow are used for in accounting126. The ... may indicate that the firm is experiencing stock outs and lost sales1a) Average payment period b) Average collection periode) Inventory turnover ratio d) Quick ratio27. Interest received is considered as which type of activity?128. The assets which can be realised in cash or from which further benefit can be derived,are known as fictitious assets. (True/False)129. Which of the following is not an item of sub-head other current liabilities in balance sheet?1a) Creditorsb) Outstanding expensesc) Advance incomed) Both (b) &(c)Calculate proprietary ratio, if total assets to debt ratio is 2:1. Debt is Rs 5,00,000. Equity share capital 0.5es of debt. Preference share capital is 25% of equity share capital. Net profit before tax is Rs 10,00.000rate of tax is 40% |
| Answer» | |
| 8546. |
How to solve 1st question of tax |
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Answer» Income from salary head basic salary = 6000×12=72000dearness allowance (2000×12). =24000Commission. =30000commission in sales 600000×2%. =12000HRA. = 16200Gross salary. = 154200(-) standard deduction =50000 Taxable salary. = 104200Explanation:calculation of exempted amount of H.R.A.Following of the least amount is EXEMPT 1. actual HRA RECEIVED. 5000×12 =600002. RENT paid - 10% of salary 54000 -10200=. 438003. 50% of salary 102000×50%. =51000Least amount 43800 is exempt Amount of HRA (60000-43800) =16200 is taxable Meaning of salary for HRA basic salary. 60000DA (part of salary) 12000fixed COMMISSION. 30000 TOTAL. 102000 |
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| 8547. |
निम्नलिखित समीकरणों को हल कीजिए 10 सीएम = 1000 |
| Answer» TION:सरकंडा ओल्ड मैन विद ए पोट्रेट रीजन फॉर रबर सेकंड सैनिक | |
| 8548. |
MEDUSTRATION 2 (A) From the following information, prepare a Trading Aco31st March, 2019Opening StockExpenses on PurchasesExpenses on SalesSallesClosing StockAlso calculate cost of goods sold and gross profit onsold |
| Answer» | |
| 8549. |
Drawing a/cis classify the assets liabilities income capital accounts under the types |
| Answer» DRAWING A/c COMES under liability Explanation:if it helps pls MARK it as BRAINLIEST | |
| 8550. |
11th cbse project account solution of topic transaction |
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Answer» please mark as BRAINLIEST answer..................hope it HELPS YOUGOOD night sweet dreams sleep welltonight and tomorrow morning CAME with another FRESH ideas and opportunities to ur life and take care of you |
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