 
                 
                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.
| 8751. | B. His march to Rome from Spain across the Alps and Pyrenees in the third century BCE remains one of the greatest feats in military history.Name this legendary Carthaginian. | 
| Answer» Father COMPUTER is a GREAT day AHEAD of you OKAY hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm hmm | |
| 8752. | Where does bills discounted but not matured come in schedule 3 balance sheet | 
| Answer» tion:BILLS discounted but not matured COME in schedule 3 balance sheet | |
| 8753. | दो संख्याओं का योग और गुणन फल क्रमशः 12 और 35 हैं, तब उनके व्युत्क्रमों का योग क्या होगा? | 
| Answer» okkkkkkkkkkkkkkkkkkkkkkkkk | |
| 8754. | A: Date of Drawing ;- 30th Jan 2019 bo Date of Acceptance in ith Feb 2019Ca Payable & Co days.D:Due Date ________ | 
| Answer» SORRY for the late notice but I was wondering if you COULD give me a call at your OFFICE to discuss this further this WEEK morning | |
| 8755. | Class 11 AccountancyChapter : Special Purpose Books I - Cash Book Question : Write the following transactions in the Cash Book of Premium stores, Kolkata.☆ Double Column Cash Book.☆ Required Answer :Cash Balance : 22,700Bank Overdraft : 15,400☆ Steps Needed !Plsss Don't Spam... | 
| Answer» o the ATTACHMENT for the step-by-step SOLUTION. | |
| 8756. | Rupees 85 is due for interest on bank overdraft | 
| Answer» INTEREST ACCOUNT. DR 85 To OUTSTANDING interest a/c. 85 | |
| 8757. | What is the entire and answer ?? sold goods to ram of the list price of 1,25,000 less 20% trade discount and 2% cash discount and paid 40 %by cheque  | 
| Answer» 11000Explanation: | |
| 8758. | Where is secured debentures written in schedule 3 balance sheet | 
| Answer» MAIN head Non current liabilitysub head. LONG term BORROWING | |
| 8759. | The differentiation of 7/x w. r. t x is | 
| Answer» nd I am I missing something a SECTION this video has been checked the per CAPITA CONSUMPTION of your WEBSITE and after pictures of your | |
| 8760. | 5. Record the following transactions in the books of C.K. Prahalad : 2015Apr. 1 Prahlad commenced business with cash 2,40,000.Cash withdrawn from business for personal use 7 18,500.Apr.10 Additional capital introduced in the business 724,800.Apr.15 Life insurance premium paid 7 11,000.Apr.20 Personal car introduced in the business + 4,50,000.Apr. 4ole of Vioy Covindrais | 
| Answer» PLS MARK as BRAINLIEST and FOLLW me for more INFORMATION! | |
| 8761. | Analysis of transactions as per Traditional Approach Q.7. Prepare a chart showing Analysis of the following transactions in a Tabular form according to TraditionalApproach:i. Rajasaheb started business with cash 85,000.2.Goods Purchased for cash 5,000.3.Sold goods on credit worth * 6,000.iv. Cash deposited into Bank of Maharashtra 12.000.5Interest received 700 from Radhika.vi. Paid Rent 2,000 to landlord.vii. Bought goods on credit from Birajmohan * 7,000.viii. Withdrew cash from bank * 1,000 for office use.ix. Purchased computer worth * 9,000 for cash.X. Paid Mobile bill (office) 500.11.Sold old Mobile for 2,000.xii. Received Rent 1,000 from tenant. | 
| Answer» dl DOO doo doo TUB dnjxbxhdhxbvjdhdhdhhaiagsgjaczhxhvsfzudhxbxvvxhxgdo we WOO woo woo woo woo dl soExplanation:dl doo doo doo wo all so do doo doo cm cmjzns GP uf skz do doo doo wo woo woo do so doo doo do do go do wo so do to do do up go do do do | |
| 8762. | 1 जनवरी 2016 को हरिओम ने 6 मशीनें प्रत्येक ₹15,000 की दर से खरीदी । उसका लेखांकन वर्ष 31 दिसम्बर को समाप्त होता है ।ह्रास 10%की दर से मूल लागत पर लगाया जाता है । 1 जनवरी , 2017 को एक मशीन ₹12,500 में बेची गई है और दूसरी मशीन 1 जनवरी , 2018 को ₹12,500 में बेची । 1 जुलाई ,2017 को ₹28,000 लागत वाली एक उन्नत मॉडल क्रय की गई । 2018 तक मशीन खाता बनाइए । | 
| Answer» लागत पर लगाया जाता है । 1 जनवरी , 2017 को एक मशीन ₹12,500 में बेची गई है और दूसरी मशीन 1 जनवरी , 2018 को ₹12,500 में बेची । 1 जुलाई ,2017 को ₹28,000 लागत वाली एक उन्नत मॉडल क्रय की गई । 2018 तक मशीन खाता | |
| 8763. | Where is bills of exchange written in schedule 3 balance sheet? | 
| Answer» :-Schedule III to the Companies Act, 2013 (2013 Act) PROVIDES general instructions for presentation of financial STATEMENTS of a company under both Accounting STANDARDS (AS) and Indian Accounting Standards (Ind AS). | |
| 8764. | A,B,C are partners sharing profit or loos in ratio 4:3:2 C retires after B retirement A and B agreed to Share profit loss in the ratio of 4:3 future gaining ratio will be | 
| Answer» ct Question :A,B,C are partners sharing profit or losses in ratio 4 : 3 : 2. C retires, after C retirement A and B agreed to Share profit and LOSS in the ratio of 4 : 3 FUTURE GAINING ratio will beSolution :Old Ratio =A : B : C = 4 : 3 : 2A = B = C =After, C retirement A and B agreed to Share profit and loss in the ratio of 4 : 3 ★ Gaining Ratio = New Ratio - Old Ratio A = B = Gaining Ratio = A : B8 : 6 4 : 3∴ Gaining Ratio will be 4 : 3 | |
| 8765. | Give Accounting Equation 1 Started business with Cash Rs 80,000 stock Rs 60,000 Machinery Rs 50,0002 purchased goods on Credit Rs 12,0003 purchased goods for Cash Rs 80004 paid wages Rs 20005 Received Commission Rs 10006 Deposited Cash in to Bank Rs 50007 Sold goods (worth Rs 2000) for Cash Rs 30008 Sold goods (worth Rs 7000) for 9000 and Rs 5000 received in Cash9) Further Capital introduced Rs 20,00010 withdrew for Personal use Rs 500011 Cash received from debtors Rs 4000 | 
| Answer» EXPLANATION:ANSWER is in ATTACHMENT | |
| 8766. | (c) MNO Ltd has provided following details : Opening work in progress is 10,000 units at * 50,000 (Material 100%, Labour and overheads 70% complete). Input of materials is 55,000 units at * 2,20,000. Amount spent on Labour and Overheads is 26,500 and 61,500 respectively. 9,500 units were scrapped; degree of completion for material 100% and for labour & overheads 60%. . Closing work in progress is 12,000 units; degree of completion for material 100% and for labour & overheads 90%. Finished units transferred to next process are 43,500 units. Normal loss is 5% of total input including opening work in progress. Scrapped units would fetch 8.50 per unit. You are required to prepare using FIFO method:- (i) Statement of Equivalent production (ii) Abnormal Loss Account | 
| Answer» 98. Stock VELOCITY = 180 days, Material CONSUMED = 1,50,000, Closing me= 62,500 UNITS. Opening stock = ?(a) 2,12,500 units(B) 3,00,000 units(c) 87.500 units(d) 1,62,500 units98. Stock velocity = 180 days, Material consumed = 1,50,000, Closing me= 62,500 units. Opening stock = ?(a) 2,12,500 units(b) 3,00,000 units(c) 87.500 units(d) 1,62,500 units98. Stock velocity = 180 days, Material consumed = 1,50,000, Closing me= 62,500 units. Opening stock = ?(a) 2,12,500 units(b) 3,00,000 units(c) 87.500 units(d) 1,62,500 units98. Stock velocity = 180 days, Material consumed = 1,50,000, Closing me= 62,500 units. Opening stock = ?(a) 2,12,500 units(b) 3,00,000 units(c) 87.500 units(d) 1,62,500 units98. Stock velocity = 180 days, Material consumed = 1,50,000, Closing me= 62,500 units. Opening stock = ?(a) 2,12,500 units(b) 3,00,000 units(c) 87.500 units(d) 1,62,500 units98. Stock velocity = 180 days, Material consumed = 1,50,000, Closing me= 62,500 units. Opening stock = ?(a) 2,12,500 units(b) 3,00,000 units(c) 87.500 units(d) 1,62,500 units | |
| 8768. | संयुक्त पूँजी कम्पनी की परिभाषा दें एवं इसके विशेषताओं काउल्लेख करें। | 
| Answer» ा कंपनी (COMPANY), व्यापारिक संगठन का एक रूप है। आजकल कम्पनियों का आशय ऐसे संघ से हो गया जिसमें संयुक्त पूंजी होती है। कम्पनी का आशय कम्पनी अधिनियम के अधीन निर्मित एक 'कृत्रिम व्यक्ति' से है, जिसका अपने सदस्यों से पृथक अस्तित्व एवं अविच्छिन्न उत्तराधिकार होता है। | |
| 8769. | What is meant by accounting equation? explain with illustrations (6,1) | 
| Answer» The accounting equation is the PROPOSITION that a COMPANY's assets must be EQUAL to the SUM of its liabilities and equity. PHRASED differently, it means that the equity of a company is equal to its assets minus its liabilities. | |
| 8770. | Please help me correct answer only | 
| Answer» PLS MARK as BRAINLIEST and FOLLW me for more INFORMATION! | |
| 8771. | Can I do CMA India with bcom finance? | 
| Answer» B.Com with CMA enables the students to obtain the professional ACCOUNTING qualification of The Certified Management ACCOUNTANT (CMA) which is the highest level of certification in management accounting awarded by the Institute of Management Accountants (IMA), USA. | |
| 8772. | from the following trial balance of shri veda vyas ,prepare trading and profit and loss account for the year ended 31s march 2018 | 
| Answer» PROVIDE the TRIAL BALANCE | |
| 8774. | A) Summary We, the human beings, are a changed species now and we are being materialistic day-by-day. We earn to spendand we don't care for the age-old values. We think that theultimate goal is earning and being rich enough. mean in hindi | 
| Answer» FOLLOW PLEASE brainily me I am POOR I am not POINT please | |
| 8775. | Whi is the primaneter of India: a) Nendra midib) Doctor Abdellah Abdellahc) Doctor asraf ghanid) Barak Obama | 
| Answer» NARENDRA MODI is your ANSWER MATE! | |
| 8776. | Pak TUUUUHUKU UPUNGUS UIT SINUS6,0007. M/s Avinash and Co. has requested you to calculate the gross profit for the yearended 31st March, 2018 with the help of following details :82000T13.456Stock (1-4-2017)Customs dutyClearing chargesLoading and unloading chargesOn purchasesOn sales55432054075.000Productive wagesRent: FactoryOffice9,200800(0M | 
| Answer» xtdugihkvufuggguggxx | |
| 8777. | Comparative Income Statement For Years Ended 31, 2008 and 20071. 2008 ($)2.2007 ($)Increase or Decrease3. Amount4. Percent298,000 24.8%223,000 27.2%SalesCost of goods sold 1,498,000 1,043,000 1,200,000820,000Gross proft455,000380,0007500019.7%Selling expensesGeneral expenses191,000104,000147,00097,40044,0006,60029.9%6.8%Total operating expenses295,000244,40050,60020.7%Operating incomeOther income160,0008,500135,60011,00024,400(2500)18.0%(22.7)%168,5006,000Other expenses146,60012,00021,900(6,000)14.9%(50.0) %Income before income taxIncome tax162,50071,500134,60058,10027,90013,40020.7%23.1%Net income91,00076,50014,50019.0%1) Compute the necessary ratios for both years. | 
| Answer» Solution for What is 5 percent of 298000:5 percent *298000 =(5:100)*298000 =(5*298000):100 =1490000:100 = 14900Now we have: 5 percent of 298000 = 14900Question: What is 5 percent of 298000?Percentage solution with STEPS:Step 1: Our output value is 298000.Step 2: We represent the unknown value with $x$x.Step 3: From step 1 above,$298000=100\%$298000=100%.Step 4: Similarly, $x=5\%$x=5%.Step 5: This results in a pair of simple equations:$298000=100\%(1)$298000=100%(1).$x=5\%(2)$x=5%(2).Step 6: By DIVIDING equation 1 by equation 2 and noting that both the RHS (RIGHT HAND SIDE) of bothequations have the same unit (%); we have$\frac{298000}{x}=\frac{100\%}{5\%}$298000x=100%5%Step 7: Again, the reciprocal of both sides gives$\frac{x}{298000}=\frac{5}{100}$x298000=5100$\Rightarrow x=14900$⇒x=14900Therefore, $5\%$5% of $298000$298000 is $14900$ | |
| 8778. | 3423 for the purpose of deprecaustration 10 (Straight Line Method)ofanuary 2008, a machinery was purchased by Farzana for 20,000. On 1 July 2009alations were made to the extent of 4,000. On 1 April 2,0 10 further additions were made toextent of 2,560. On 30 June 2011, a machinery, the original value of which was 3,200 onamwary 2008 was sold for 2,400. Farzana closes her books on 31 December each year. show the machinery account for four years from 2008 to 2011 in the books of Farzana, if depreciation is charged at 10% under original cost method. | 
| Answer» Stoichiometry is a section of chemistry that involves using relationships between reactants and/or PRODUCTS in a chemical reaction to DETERMINE DESIRED quantitative data. In Greek, stoikhein MEANS element and metron means measure, so stoichiometry LITERALLY translated means the measure of elements.Explanation: | |
| 8779. | 20. Pilot Ltd., had three departments A, B and C. The following information is provided ABRs.Rs.Opening Stock3,0004,000Consumption of Direct Materials 8,00012,0005,00010,000Closing Stock4,00014,000 8,000Sales34,000Stocks of each department are valued at cost to the department concerned. Stocks of'A' department are transferred to B at a margin of 50% above departmental cost.Stocks of B department are transferred to C department at a margin of 10% abovedepartmental costOther expenses were :Rs.Salaries2,000Printing and Stationery1,000Rent6,000Interest paid4,000Depreciation3,000Allocate expenses in the ratio of departmental gross profits. Opening figures ofreserve for unrealised profits on departmental stocks were:Department B Rs. 1,000Department C Rs. 2,000Prepare Departmental Trading and Profit and Loss Account | 
| Answer» | |
| 8780. | Nl Business started with cash 100 000Cash deposited intobank 30,000Goods purchased from cash 35oooGoodspurchased from Ram40,oooGoods soldfor cash 50,000Goods sold to Dinesh 55000Cash received from Dinesh 55000Cash paid to Ram 30,000Fuoniture purchased and paid by cheque 150008Commission received 3000Required wages paid 5000 | 
| Answer» | |
| 8781. | S. State whether they are capital and revenue (0) Repairs to furniture Rs. 15,000(ii) White-washing the building Rs. 50,000Countiesoft | 
| Answer» ऋण की परिपक्वता का ब्योरा. F N o N ... तैयार किए जाते हैं। ... रुपए (87%) और पूंजीगत व्यय 66,362 करोड़ रु.67 पेज·10 एमबी | |
| 8782. | The application money should be refunded with in___days from the closure of the issues | 
| Answer» TION:COMPANY I HOPE it MAY HELP to you.. | |
| 8783. | Started Business with cash 25000 furniture 20000 building 155000 | 
| Answer» | |
| 8784. | Prepare cash account from the following transactions for the month of January 2018. Jan 1 Commenced business with cash ` 62,0003 Goods purchased for cash ` 12,00010 Goods sold for cash ` 10,00012 Wages paid ` 4,00025 Furniture purchased for cash ` 6,000  | 
| Answer» CASH account D particular. amt. D particular. amtjan. jan 1. capital.a/c. 62000. 3. purchase 1200010. sales a/c. 10000 12 WAGES. 4000 25 furniture 6000 31 balance c/d 50000 total. 72000. total. 72000 | |
| 8785. | Q.8 Give necessary transactions for the following effect of increase and decrease in Assets, Capital and Liabilities. | 
| Answer» This increases the cash account (Asset) by $120,000, and increases the capital stock (EQUITY) account. Thus, the asset and equity SIDES of the transaction are EQUAL....Sample Accounting EQUATION Transactions.Transaction Type Assets Liabilities + EquitySell stock Cash increases Equity increases | |
| 8786. | Are adjustments are necessary for final accounts? Explain with example | 
| Answer» Soil POLLUTION depicts the contamination of soil due to the presence of toxic substances [such as Excessive use of fertilisers and pesticides, DEFORESTATION, industrial waste etc.]. To maintain the soil's fertility, the government must limit the usage of fertilizers and plant more tress Verified ✔️✅MARK AS BRAINLIST ...YOU WILL ALSO RECEIVE 5 POINTS | |
| 8787. | 5. Explain the following objectives of preparing financial statements : (a)Correct decision making(b) Judging the performance of management | 
| Answer» | |
| 8788. | Give Journal Entries to rectify the above errors and ascertain the amount transferred to Suspense Account on 31st March, 2019 by showing the Suspense Account, assuming that the Suspense9.There was an error in the Trial Balance of Mr. Yashwant on 31st March 2019, andthe difference in Books was carried to a Suspense Account. On going through theBooks you found that.1)1,000/- being purchases return were posted to the debit of Purchase Account.2)* 4,000/- paid to Badrinath was debited to Kedarnath's Account.3)5,400/- received from Kishor was posted to the debit of his account.4)Discount received * 2,000/- was posted to the debit of Discount Allowed Account.5)2,740/- paid to Repairs to Motor Cycle was debited to Motor Cycle Account * 1,740/Account is balanced after the above corrections.PLEASE SOLVE IT | 
| Answer» | |
| 8789. | From the following particulars relating to Friends Club, Kanpur. prepare Income and Expenditure Account for the year ended 31st March, 2018 and a Balance Sheet as at that date :2.10750To Cash in hand on 1st April 2017To Subscriptions(including 1.200 for 2018-19)To DonationsTo Proceeds from Charity ShowTo Life Membership FeesTo Interest on InvestmentsPamo780 By SalariesBy Tour Expenses28.000 By Printing and Stationery1.500 | By Rent15.700 By Repairs6,000 By Building Purchased1.500 By Balance cd on 31.3.201853.480510232053.480On 1-4-2017, the club owned land and building valued at 10,000 and investmentsvalued at 315,000. There were 140 life-members on that date, each of whom had paidsubscription of 100.Subscriptions due on 31st March, 2017 and on 31st March, 2018 were 1.500 and31,000 respectively. Similarly, interest on investments due at the beginning of the yearwas 300 and at the end of the year was 325. | 
| Answer» c tc ttcuycigcgiciyc you guys g yi oh girl GIVING ho GO ih hi H ih hi GOOD girl ufcuggi if oh igxirxtc ih ihih oh ohvycitxo hi. | |
| 8790. | 中中中中中中中 Q1. Mohit and Rohit were partners in a firm with Capitals of Rs 80000 and 40,000 respectively. The firm earned a profit of Rs 30000 during theyear. Mohit's share in profit will be:A. 20000 B 100000.15000 D.18000 | 
| Answer» | |
| 8791. | A View the Following balances eetracteda trading & profite loss Ale for the yearended March 31, 2011 & a balance sheetas on that dateticular Ammount particular Ammarawings 20,000 SalesLorello& Buildings 12,00 Capital1,260& Machinery40.000 Discountdo plentice Premium 5230220.000 | 
| Answer» eyyryr6rrExplanation:yrurudhrurteurururufchhfhfudydufudurufuosiskyslursuwiteiteiyeoye9yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy yreoydoy | |
| 8792. | Record the following transactions in the Journal Proper of Sharvi Patel: (i) Purchase furniture of ` 4,000 by giving goods of ` 4,500 | 
| Answer» FURNITURE a/c DR - 4500 to PURCHASE a/c cr - 4500(being Purchase furniture of 4000 by giving goods of 4500 ) | |
| 8793. | The 'twin factors' in the investment analysis is (C) Risk and taxनिवेश विश्लेषण में जुडवा कारक है(A) कर और जोखिम (B) जोखिम और लब्धि(C) जोखिम औ-process of distinguishing the Micro environ(A) Tax and risk(B) Risk an(D) Specula | 
| Answer» B is RIGHT ANSWER (RISK an) | |
| 8794. | 611 A and B contribute $400,000 and $3,00,000 respectively as their capitals. Theydecide to allow interest on capital @ 8% p.a. Their respective share of profit is 3:2 and theprofit for the year is 42,000 before allowing for interest on capitals. Show the distributionof profits (1) Where there is no agreement except for interest on capitals and (II) Wherethere is a clear agreement that the interest on capitals will be allowed even if it involves thefirm in loss. | 
| Answer» total interest = $(32,000 + 24,000) = $56,000available profit = 42,000the ratio of interest = 32 : 24 or we can SAY 4 : 3A's share in profit = 4/7×42,000 = 24,000B's share in profit = 3/7×42,000 = 18,000here we distributed whole profit it is because the SITUATION is interest on capital to be allowed when profit is inadequate. case - 2 total interest = $56,000available profit = $42,000now it lead to loss because a clear Aggrement is there at any cost interest should be allowedshare of loss = $56,000 - $42,000 = 14,000SHARE OF A = 14,000×3/5 = 8400SHARE OF B = 14,000×2/5 = 5600 | |
| 8795. | Goods costing Rs 1000 sold on credit for Rs 1400 | 
| Answer» What is FIND in QUESTION............ INCOMPLETE question | |
| 8796. | Make versus buy, activity-based costing. The Svenson Corporation manufactures cellular modems. I t manufactures its own cellular modem circuit boards (CMCB), an important part of the cellular modem. I t reports the following cost information about the costs of making CMCBs in 201 4 and the expected costs in 201 5: Current Costs in 201 4 Expected Costs in 201 5 Variable manufacturing costs Direct material cost per CMCB $ 1 80 $ 1 70 Direct manufacturing labor cost per CMCB 50 45 Variable manufacturing cost per batch for setups, materials handling, and quality control 1 ,600 1 ,500 Fixed manufacturing cost Fixed manufacturing overhead costs that can be avoided if CMCBs are not made 320,000 320,000 Fixed manufacturing overhead costs of plant depreciation, insurance, and administration that cannot be avoided even if CMCBs are not made 800,000 800,000 Svenson manufactured 8,000 CMCBs in 201 4 in 40 batches of 200 each. In 201 5, Svenson anticipates needing 1 0,000 CMCBs. The CMCBs would be produced in 80 batches of 1 25 each. The Minton Corporation has approached Svenson about supplying CMCBs to Svenson in 201 5 at $300 per CMCB on whatever delivery schedule Svenson wants. 1 . Calculate the total expected manufacturing cost per unit of making CMCBs in 201 5. 2. Suppose the capacity currently used to make CMCBs will become idle if Svenson purchases CMCBs from Minton. On the basis of financial considerations alone, should Svenson make CMCBs or buy them from Minton? Show your calculations. 3. Now suppose that if Svenson purchases CMCBs from Minton, its best alternative use of the capacity currently used for CMCBs is to make and sell special circuit boards (CB3s) to the Essex Corporation. Svenson estimates the following incremental revenues and costs from CB3s: Total expected incremental future revenues $2,000,000 Total expected incremental future costs $2,1 50,000 On the basis of financial considerations alone, should Svenson make CMCBs or buy them from Minton? Show your calculations. | 
| Answer» CCI idolizations succumb viricide CYGNUS cubicle bibcock hunchback cyclonically H,ogtiExplanation:B vinculo VIDICON arrestation | |
| 8797. | दो संख्या 5:6 के अनुपात में है दोनो संख्याओं में 5 जोड़ दिया जाए तो नया अनुपात 6:7 हो जाता है संख्या gyat kijiye | 
| Answer» BHAI dear SIR JE pass ESSE QUE ka ans mil jaegaExplanation:youtuber hai dear sir seach for it | |
| 8798. | Pooja who owed 60,000 is declared insolvent. First and final composition of 80% is recovered from Recovered 56,000 from Sneh on her insolvency, being 80% of the amount duePrecovered 19,900 from Akansha whose account of 324.800 was written off as bad in the past | 
| Answer» Cash account dr. 48000 Bad debts account DEBIT. 12000 To POOJA. 60,000Cash account debit. 56000 Bad debts account debit. 14000 To Sneh 70,000Explanation:56000÷80*100 = 70,000 Cash a/c..... dr. 19,900 to bad debts RECOVERED. 19,900 | |
| 8799. | Goods withdrawn by proprietor for personal use | 
| Answer» | |
| 8800. | 26. X Ltd. has a retail branch at Madras. Goods are sold to customers at cost plus 100%. The invoice or wholesale price is cost plus 80%. From the following particulars, findout the profit made at Head Office and at Madras Branch for the year ended 31.12.95. H.O. Madras Rs. Rs.Stock on 1.1.95 4,50,000Purchases 43,00,000Goods sent to branch (at invoice price) 19,08,000Sales 57,06,000 19,00,000 Sales at Head Office are made only on wholesale basis and that at branch only toconsumers. | 
| Answer» | |