

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.
10851. |
Jan1 cash balance. 65000 " 2received cash from Rakesh. 5000 3Purchased machinery. 14000 Single column cash book |
Answer» your ANSWER is 25,500Explanation:you NEED to all of them and this is your answer |
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10852. |
Difference between treading account and profit and loss account |
Answer» account is an account which indicates the result of TRADING activities, such as purchase and sale of products. PROFIT & LOSS account is an account, representing the actual profit earned or loss sustained by the BUSINESS during the accounting period. It is prepared to ascertain gross profit for the period. |
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10853. |
21, P and Q are partners sharing profits and losses in ratio of 2 : 1. They admitted Ras a partner on the condition that profit sharing ratio of Q and R will be 2:1. The profit sharing ratio of P, Q and R will be |
Answer» tion:what is journal entry on RS 75000 PAID as salary ADVANCE to praful after DEDUCTING earlier advance of Rs 2000 |
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10854. |
What is double entry systery of accounting |
Answer» tion:Double-ENTRY bookkeeping, in accounting, is a system of book keeping where EVERY entry to an ACCOUNT requires a corresponding and opposite entry to a different account. The double-entry system has TWO equal and corresponding sides known as debit and credit. |
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10855. |
बिंदु रेकी प्रदर्शन क्या है इसके लाभों की विवेचना कीजिए |
Answer» बिंदु (POINT in GEOMETRY)यह समतल में एक स्थिति को बताने के लिए एक सूक्ष्म चिन्ह है। इसमें न लम्बाई होती है और न ही चैड़ाई। "बिंदु"- बिना आकृति व आकार वाले गणित संकेतिक चिन्ह को बिंदु कहते है। यह समतल में एक स्थिति को बताने के लिए एक सूक्ष्म चिन्ह है।Explanation:I HOPE it HELPS you |
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10856. |
VK Ltd. Is involved in the manufacturing of auto parts. The following information has been extracted from the Trial Balance of Company. Assume yourself an an stakeholder of the company and analyze the financial performance with the help of income and position statement. |
Answer» Answer: India represents “Unity in Diversity” . Our country is a mixture of cultures, regions, traditions, diversity in food, languages, etc. Our people of India are so polite, understanding and helping in nature. The national bird of India is Peacock and is very beautiful. India is so incredible and is full of colors and has the tiger as its national animal, hockey as its national game, etc. the national language or mother tongue of our country is Hindi. Indians are also so talented and have shown very high growth. The I.T. sector of our country shows accelerating growth due to intelligent software engineers.incredible india essayIndia As a CountryIndia is the seventh-largest country by its geographical area and is located in South Asia. The beauty surrounds our country from each and every aspect. India is also known by two other names Bharat and Hindustan and the people of India are known as Indians. The national anthem of our country is “Jan Gan Man” and the national song of our country is “Sare Jahan Se Achcha”.India is a Democratic country where people themselves choose their leader and live with freedom i.e. they can do anything they wish to within the limits of the law. If any CITIZEN of India tries to harm any other person, there are also rules and regulations to punish him in order to make him realize his mistake.Our country is also incredible because of its beautiful mountains, lakes, forests, seas, oceans, etc. Many foreigners each year visit India to see the beauty of our country that is its rich historical temples, its traditions, its language, its heritage, etc.Different Regions of IndiaNorth RegionNorth Region consists of the most incredible thing in the world that is The Himalayas which is the highest mountain in the world. This region also consists of the beautiful Kashmir covered with mountains. It consists of Uttar Pradesh which is mainly known as the land of Krishna, land of Rama, etc. This region also consists of one of the wonders of the world i.e. TAJ Mahal which people come to visit across the world.Southern RegionThis is the “Land of Nawabs”. It is famous for its festivals, food, and languages. The place is famous for its rice dishes. This region consists of cities like Kerala, Tamil Nadu, and Karnataka, etc.East RegionEast part of India consists of West Bengal, Jharkhand, Bihar, Odisha, etc. The capital of West Bengal, Kolkata is the largest city of this section and is the metropolitan city and is the third’s largest city in the country. Kolkata is known for its sweetness and festival.West RegionThe West part of the country is really incredible as it is covered with sands and deserts. Rajasthan, Gujarat, and Maharashtra are the three most amazing PLACES in this region. The culture, the language, the traditions and the clothes of this region are incredible and you will love to visit this region.Indian Culture and ReligionIndia’s culture is among the world’s oldest; civilization in India began about 4,500 years ago. India has 29 states with different culture and civilizations and one of the most populated countries in the world. The Indian culture, often labeled as a mixture of several various cultures.India gave birth to Hinduism, Buddhism, Jainism, Sikhism, and other religions. They are now collectively known as Indian religions. Today, Hinduism and Buddhism are the third and fourth-largest religions respectively of the world. Although India is a secular Hindu-majority country, it has a large Muslim population.FestivalsIndia, being a multi-cultural, multi-ethnic and multi-religious society, celebrates holidays and festivals of various religions. Major festivals include Diwali, Durga puja, Holi, Ganesh puja, Navratri, Rath yatra, etc are there round the year.FoodIndian food is a cosmopolitan cuisine that has so many ingredients. It is as diverse as India. Indian recipes use numerous ingredients, deploy a wide range of food preparation styles, COOKING techniques, and culinary presentation. Thus the tastes of same food like salads, sauces, vegetables, meat, desserts vary from region to region.ConclusionWe are proud of our cultural distinctiveness. We are proud to be the inhabitants of India. It is our duty to maintain its unique feature. We have to think beyond the PETTY interests and work for the broader goals of bringing prosperity and progress in society. |
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10857. |
The inventory of runners company was destroyed by flood on jun 1 |
Answer» tion:hey FRND here your ANSWER and please folow me and mark me as BRAINLIST |
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10858. |
दूध और पानी के 72.9 लीटर में दूध और पानी का अनुपात 7 : 2 हैं। दूध और पानी की मात्रा ज्ञात करें! |
Answer» दूध के संगठन एवं उसके भौतिक रासायनिक गुणों को जानने के बाद यह आवश्यक हो जाता है कि हम प्रायोगिकी तरीके से यह जान सके की किसी भी दूध की गुणवत्ता कैसी है? क्या वह शुद्ध एवं ताजा है और क्या वह सरकार द्वारा निर्धारित मानको के अनुरूप है या नही? साथ ही यह भी पता चल सके की इसमें कोई मिलावट इत्यादि तो नही की गई है। यह सब जानने के लिए यह जरूरी हो जाता है की हम दूध के कुछ परीक्षण से भी अवगत हो सके।दूध के गुणों का नियंत्रण दुग्ध उत्पादन केंद्र, दुग्ध संसाधन एवं दुग्ध निर्माण केंद्र एवं वितरण एवं विपणन के दौरान करना पड़ता है। इससे यह सुनिश्चित हो सकेगा की उपभोक्ता को एक सामान्य गुण वाला एवं सही अवस्था में दूध मिल पा रहा है या नही। यदि अच्छी गुणवत्ता वाला दूध होगा तभी अच्छे किस्म के दुग्ध पदार्थ बन सकेंगे। कहने का मतलब यह है कि किन्ही भी परिस्थितियों में प्रयुक्त दूध अच्छी गुणवत्ता का होना चाहिए। दूध की गुणवत्ता से यहाँ निम्नलिखित अभिप्राय है।(1) दूध शुद्ध एवं ताजा हो और उसमें सभी अवयव सामान्य मात्रा में मौजूद हो।(2) दूध रोगाणु मुक्त हो।(3) दूध की गुणवत्ता को खराब करने वाले जीवाणु न्यूनतम हो जिससे दूध को अधिक समय तक सुरक्षित रखा जा सके।(4) दूध की सुरभि एवं स्वाद रुचिकर हो।इन सब बातों को बनाए रखने के लिए यह आवश्यक है कि हम दूध का परीक्षण करे। विभिन्न परीक्षण दूध के गुणों के बारे में सही जानकारी दे सकेगे। इन्ही उद्देश्यों को ध्यान में रख कर यह इकाई तैयार की गई है। |
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10859. |
How would you treat the following while preparing financial statements for a not for profit organization? receipts from cinema show. 2600. expenses on cinema show. 1200. |
Answer» TION:HEY FRND MAYBE it HELPS you | |
10861. |
An amount withdrawn by partner from the business for his personal use |
Answer» drawingExplanation:PARTNER WITHDRAW his CAPITAL for PERSONAL use from business ORGANIZATION |
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10862. |
10% p.a. Depreciation on Furniture Rs. 50,000 for year |
Answer» 5,000Explanation:50,000×10/100=5000 |
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10863. |
what is journal entry on Rs 75000 paid as salary advance to praful after deducting earlier advance of Rs 2000 |
Answer» what is journal ENTRY on Rs 75000 PAID as SALARY ADVANCE to m/exg0 |
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10864. |
Clear the bill for collection |
Answer» e :- Atmosphere is DEFINED as the area of air and gas enveloping OBJECTS in space, like stars and PLANETS, or the air AROUND any location. An example of atmosphere is the ozone and other layers which MAKE up the Earth's sky as we see it.10 |
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10865. |
working capital 170000 prepaid 10000 prepaid expenses 10000 inventory 15000 current liabilities 125000 Bank overdraft 25000 find quick ratio |
Answer» gjowocsoaj. FUN greatgreat |
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10866. |
Purchased the running business of Amit Kapoor for ` 39,000 with the following assets and liabilities: Stock ` 25,000; Furniture ` 38,000; Creditors ` 30,000.Also Purchased the running business of Madhav for ` 75,000 with the following assets and liabilities: Rent outstanding ` 7,000; Stock ` 33,000; Tools and Implements ` 80,000.answer this |
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10867. |
धनात्मक तथा ऋण आत्मक से संबंध को उचित उदाहरणों की सहायता से स्पष्ट कीजिए |
Answer» TUMHARA ANSWER GALAT HAI | |
10868. |
From the following transactions, prepare purchase books in the books of Krupa : 2021 May 1 Purchase goods of ` 10,000 from Durgashankar on one month credit. 3 Purchase goods of ` 15,000 from Vinodbhai at 10% trade discount. Invoice no.15. 6 Purchase of goods ` 8,000 from Manish on cash. 15 Placed order with Ashwin for supply goods of ` 10,000 at 20% trade discount. 18 Purchase furniture at ` 6,000 from Shriji Furniture Mart on one month credit. 20 Ashwin has sent goods as per order and sent invoice no.314 after adding ` 1,200 for railway freight. 23 Purchase goods of ` 4,000 at 5% cash discount. 25 Purchase goods of ` 16,000 from Babulal at 10% trade discount and half of the amount paid immediately by cheque. |
Answer» Plankton are the diverse collection of organisms found in water that are unable to propel themselves against a current. The INDIVIDUAL organisms constituting plankton are CALLED plankters. In the ocean, they provide a crucial source of food to MANY SMALL and large aquatic organisms, such as bivalves, FISH and whales. |
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10869. |
All indirect expences are debited to |
Answer» All INDIRECT EXPENSES are debited to Profit and LOSS account.Hope its helpful |
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10870. |
Adhilaab pr aadharit khyti ke mulyankan ki vibhin padatiya kon kon si h |
Answer» PLEASE WRITE PROPERLY I do not KNOW | |
10871. |
P Ltd. has 30,000 equity shares of 10 each. The intrinsic value of the share is 20. P Ltd is to be taken over by Q Ltd. which has an intrinsic value of 60 per share. Find out the share exchange ratio and purchase consideration. some1 please answer this question |
Answer» do not have INFORMATION about this SORRY ... |
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10872. |
Rs 10000 deposit into SBI for 3 year at 8% rate of interest Compounded semi annually? |
Answer» You start with 10000 today.After one year your invested MONEY WOULD have grown to 10800 at end of year one.At end of year 2 your money would have grown to 10800*1.08 = 11664.At end of year 3 your money would have grown to 11664*1.08 = 12597.12Explanation:HOPE this helps you mark me as brainlist |
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10873. |
17. Which of the following items will not appear in the balance sheet of a NPO? fast |
Answer» CANCEL my ANSWER it was SENT by MISTAKE | |
10874. |
Which transactions are not recorded in books of account? (A) Special (B) Cash (C) Economic (D) Non-economic |
Answer» | |
10876. |
Q1. The Balance sheet of sham traders Punc is as follows, partners share profit and losses in the ratio 5: 2: Balance sheet as on 31st March 2019LiabilitiesAmountAmountRambha capilal a'c36.000Planit & Machinery32,000Menka capital a/c32.000Building40,000Urvashi capital a'c17600Stock20.400Creditors20.000Debtory 16.80016.000less :RDD 800Bills payable1200Bank:12.400Gencral reserve1,20,8001,20,800Menka retired from business on 1st April 2019 on the following terms. The assets were revalued as under:1.Stock at 328,000 Building is appreciated by 10%. RDD is to be increased up to 21000 Plantand machinery to be depreciated by 10%2. The goodwill of retiring partner is valued at 8000 and the remaining partners decided thatgoodwill will be written back in their new profit sharing ratio which will be 5: 33. Amount due to Menka is to be transferred to her loan account.Prepare : Profit and loss adjustment account.Capital account of partners and Balance Sheet of thefirm.02. From the Balance sheet of Amir traders as or: 31st March 2018 and 31st March 2019 prepare |
Answer» ueueuwusuuiiriw2uuruyeufueu4iii2irii2riiriiei |
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10877. |
(When All partner become insolvent) 11. Following is the Balance Sheet as on 31" March, 2019 of a firm having Three equal partnersPriti, Priya and Prachi.Balance Sheets as on 31 March 2019.LiabilitiesAmountAssetsAmountCapitalMachinery23,000Priti40,000 Furniture16,000Priya35,000 Stock47,000Prachi25,000 Cash at Bank10,000Trade Creditors50,000 Profit and Loss Account84,000Loan (secured by30,000Machinery)1,80,0001,80,000The firm was dissolved due to insolvency of all the partners. Machinery was sold for 18,000,while Furniture fetched 14,000, Stock realised 35,000. Realisation expenses amounted to 32,000.Nothing could be recovered from Priya and Prachi, but 23,400 could be collected from Priti's privateestate.Close the books of accounts of the firm. |
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10878. |
DR KALMADI SHAMARAO JUNIOR COLLEGE Sud XIIBook Keeping and Accountancy - AssignmentMarks : 25کے لیے نیب کے سرQ1 Tbs Balance sheet of shan traders Punc is as follows, partners share profit and losses in the ratio 5: 2:3Balance sheet as on 31st March 2019AssetsAmountPatacpital as36.000Plant & Machinery32.00032.000Building40.000Un asks capital a17600Stock20.400Debtors 16.80016.000less RDD 800Blla payable120012,40014.0001,20,3001,20.800Menca etc from business on 1st April 2019 on the following terms. The sasets were revalued as under:1 Stock 728.000 Building is appreciated by 10%. ADD is to be increased up to 1000 Plantand machinery to be depreciated by 10%.2.The will of returing partner is valued at 8000 and the remaining parmers decided thatodwill will be written back in their new profit sharing ratio which will be 5:33. Amount due to Media is to be transferred to her loan account.Prepare Profit and loss adjustment account.Capital account of partners and Balance Sheet of the new |
Answer» all so an all fall KA ek ka silsila dk ka am ka do of dk ka doExplanation:CM dk HK Karl dk ka do of SMALL Khan ka EM ka distil off |
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10879. |
P Ltd. has 30,000 equity shares of 10 each. The intrinsic value of the share is 20. P Ltd is to be taken over by Q Ltd. which has an intrinsic value of 60 per share. Find out the share exchange ratio and purchase consideration. |
Answer» okExplanation:This QUESTION is not UNDERSTAND |
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10880. |
What do mean by adjustment of closed account of partnership? |
Answer» here is ur answerExplanation:ADJUSTMENTS in closed ACCOUNTS. ... SOMETIMES in partnership FIRMS the books of accounts get closed but some mistakes or omissions take place. Thus, to rectify those errors and omissions adjustment entries are passed. The errors or mistakes are on account of the FOLLOWING- 1. Divisible Profit wrongly distributed. |
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10881. |
Assume that total output is determined by the formula: Total Output = Number of Workers x Productivity (a) If the workforce is growing by 1 percent a year but productivity doesn’t improve, how fast can output increase? (b) If productivity increases by 3 percent and the number of workers increases by 1 percent a year, how fast will output grow? |
Answer» | |
10882. |
Journalise the following transactions in the books of Amar- April 16 Sold goods of ₹90,000 to Kishore out of which he paid ₹10,000 in cash, ₹50,000 by cheque. Rest amount is due. April 20 Salary amounted to ₹45,000. Out of this 1/5th is still due to be paid. April 23 Ronit returned goods of ₹7,000. |
Answer» tion:JournalDateParticularsL.F.DebitAmount(₹)CreditAmount(₹)2019 Apr.01Cash A/cDr. 50,000 To CAPITAL A/c 50,000 (Business STARTED with cash) Apr.03Purchases A/cDr. 20,000 To Rita 20,000 (GOODS purchased from Rita on CREDIT) Apr.04RitaDr. 10,000 To Cash A/c 10,000 (Cash paid to Rita) Apr.06RohitDr. 25,000 To Sales A/c 25,000 (Goods sold to Rohit on credit) Apr.08Cash A/cDr. 20,000 To Rohit 20,000 (Cash received from Rohit) Apr.12Purchases A/cDr. 12,000 To Rita 12,000 (Goods purchased from Rita on credit) Apr.18RitaDr. 20,000 To Cash A/c 20,000 (Cash paid to Rita) Apr.25RohitDr. 10,000 To Sales A/c 10,000 (Goods Sold to Rohit) Apr.30Cash A/cDr. 6,000 To Rohit 6,000 (Cash received from Rohit) |
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10883. |
Which of the following statement is true: 1 point a. A minor cannot be admitted as a partner b. A minor can be admitted as a partner, only into the benefits of the firm. c. A minor can be admitted as a partner but his rights and liabilities will be the same as of others d. None of the above |
Answer» B is the CORRECT ANSWER THANKS | |
10885. |
State whether the statement are true or false "prepaid expenses are treated as laibilities." |
Answer» No it Is TREATED as asset.( prepaid means paying extra) since you are paying extra expense means its not creating any liability to you RATHER it CREATES liability to other person to whom you have paid because he is obliged to return you back the money ..Hence its is simple that Jo liability TUMHARI nhi he WO tumhari asset. |
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10887. |
Calculate range and median for given data 4,9,5,43,78,90,34,12,65,10,87 |
Answer» 437 is the ANSWEREXPLANATION:HOPE it's HELP you MATE | |
10888. |
Expenses incurred to overhaul machine is non recurring expenses? |
Answer» Selling, general, and administrative expense represent a broad CATEGORY of costs involved with the operations of a business. WITHIN this broad category, you will find RECURRING and non-recurring expenses, each reported in various ways on a company’s financial statements. The main difference between recurring and nonrecurring general and administrative expenses can best be understood as the difference between regular, fixed expenses a company EXPECTS to have on an ongoing basis versus expenses that occur one-time or EXTRAORDINARILY. |
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10889. |
Ramesh and Suresh are partners in a firm sharing profit ratio in 2:1 they admit mahesh with 1/5 share |
Answer» QUESTION :RAMESH and Suresh are partners sharing profits and losses in the ratio of 2:1 respectively. Ramesh capital is Rs 1,02,000 and Suresh capital is Rs 73,000. They admit Mahesh and agree to give him 1/5th share in future profits. Mahesh bring Rs 14,000 as share of goodwill. He agrees to contribute capital in the new profit sharing ratio. How much capital should be BROUGHT by Mahesh?Answer :Ramesh's Capital = Rs 1,02,000 Suresh's Capital = Rs 73,000. They admit Mahesh and agree to give him 1/5th share inMahesh BRINGS Rs 14,000 as his share of goodwill.the CORRECT answer is Rs 43,750 | |
10890. |
in witch book of original entry will you record an allowance of rs 50, which was offered for an early payment of cash of rs 1050 |
Answer» TION:this is your answers1,100 | |
10891. |
An insurance company pays 20% on the first year premium amount. The rate of commission reduces to 6% for the subsequent years. A customer purchased a policy premium at 5% of the policy amount. Find the agents total earning for the premium for the period of seven years. |
Answer» Hi,Explanation:By the END of this section, you will be able to:Explain how insurance worksIdentify and EVALUATE various forms of GOVERNMENT and social insuranceDiscuss the problems caused by moral hazard and adverse selectionAnalyze the impact of government regulation of insurance |
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10892. |
A and Bare sharing profits in the ratio 3:2 and C is admitted for 1/5th share.C brings in ₹120000 as his share in capital net worth of the firm is ? |
Answer» A,B,C=5:3:2 or 5/10:3/10:2/10 D=1/5 A: 5/10-1/5 =5-1/10 =[4/10 ] B: 3/10-1/5 =3-1/10 =[2/10] C: 2/10-1/5 =2-1/10 =[1/10 ] NPSR(NEW profit SHARING ratio) of A,B&C =4/10:2/10:1/10 =4:2:1 SR=1:1:1Explanation: |
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10893. |
(M.A.2007) 6 Following info. Is available from the financial records of mojiwala Ltd. Calculate, (1) Current ratio. (2) Debtors ratio. (360 days). (3) Return on share holders funds. (4) Return on capital employed. (5) Net profit ratio. (6) Stock turnover ratio. Particulars Rs. Particulars Rs. Eq. share capital 400000 Clo. Stock 128000 Retained earnings 83200 Debtors 160000 15% deb. 320000 Cash bal. 64000 Creditors 140000 Ope. Stock 132000 B.O.D. 46000 Preliminary exp. 3200 Fixed assets 640000 Operating exp. 256000 (1) Credit sales are 62.5% of total sales.(2) Cost of good sold is 70%. (3) Operating ratio 90% & rate of tax 50%. 6 Page |
Answer» if u MAKE me brainlieast then you will get HALF of the POINT , TRY it |
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10894. |
Received cash from Trilok - 4,850 Allowed cash Discount - 150Kindly explain how to record this whole transaction in cash book. Should I prepare journal for the transaction of discount? Can it be recorded in cash book? Any help would be appreciable. |
Answer» DEBIT is on the LEFT and CREDIT is on the other.Explanation: HOPE it HELPS ... | |
10895. |
a,b and c are partners in a firm sharing the profits in the ratio 5:4:1.C is guaranteed his share of profits no less that ₹20000. the profit for the year ending 31st March 2016 amounted to ₹140000 amout of shortfall in the profit given with be brone by A and B in the ratio 3:2 |
Answer» SORRY I want to MAKE some point LENE do HAHAH | |
10896. |
Subscription to news papper is revenue or capital expenditure? |
Answer» Income and Expenditure account is prepared on ACCRUAL basis with the help of RECEIPTS and payments account along with additional information. All the revenue ITEMS relating to the current to the current period are shown in Income and Expenditure account, the expenses are shown on expenditure SIDE and income on income side.In the given question the expense related to subscription to newspaper and periodicals Rs. 350 is posted to expenditure side of Income and Expenditure account. |
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10897. |
Total value of sacrifice mode to acquire goods or service is known as |
Answer» TION:c:2574030731pswd:HELLOonlygcomefastz∆∆m | |
10898. |
Choose one barrier of TQM that you think has the most impact and kindly explain it. |
Answer» The major barriers to TQM success is CITED as non INCLUSION of management’s compensation to achieving quality goals and lack of training in AREAS such as group discussions, communication techniques, quality improvement skills, problem identification and problem-solving techniques. The other factor is INADEQUATE resources to employ quality management. |
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10899. |
A machine worth Rs.490740 is depreciated at 15% on its opening value each year .when its value would reduce to Rs.200000?* |
Answer» TION:this is your answers690,740 | |
10900. |
Bank charges levy with CGST and SGST |
Answer» Intra-State Bank Payment with GST on Bank Charges where Input Tax Credit is not available, for example bank charge of INR 10000 to be PAID to bank and GST (9% CGST and 9% SGST) has to be calculated on bank charges amount.hope it HELPS |
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