Q2481
Open questionAssets are held for the purpose of . . . . . . . .
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Commerce · all questionsAccounting
Accounting
practice.
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Q2482
Open questionThe process of recording financial transactions in the journal is called . . . . . . . .
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Q2483
Open questionInsurance Regulatory and Development Authorities Act came in to effect in:
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Q2484
Open questionWhich of the following accounts have only credit balance?
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Q2485
Open questionTotal debtors account will be affected by:
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Q2486
Open questionOpening debtors Rs. 12,000, closing debtors Rs. 15,000 cash received from debtors Rs. 25,000 what is the amount for sales?
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Q2487
Open questionHow does an over costing of purchase day book affect the cost of sales and profit?
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Q2488
Open questionAny profit on the sale of furniture of a cricket club will be taken to . . . . . . . .
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Q2489
Open questionStock is a consolidation of . . . . . . . . shares.
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Q2490
Open questionUnclaimed dividend is shown in . . . . . . . .
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Q2491
Open questionWhich of the following expenditures are to be treated as revenue expenditure?
I. Interest paid on money borrowed during construction period
II. Cost of patent rights
III. Loss of uninsured stock due to fire
IV. Retirement gratuity paid to an employee
Select the correct answer using the options given below:
I. Interest paid on money borrowed during construction period
II. Cost of patent rights
III. Loss of uninsured stock due to fire
IV. Retirement gratuity paid to an employee
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Q2492
Open questionPremium on redemption of preference shares can be provided out of . . . . . . . .
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Q2493
Open questionEvery bank is required to maintain . . . . . . . . with RBI in the form of cash, gold and securities an amount not less than 25% of their demand and time liabilities.
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Q2494
Open questionAccording to the going concern concept, a business entity is assumed to have:
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Q2495
Open questionA sales of Rs. 2000 wrongly entered in the purchase book:
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Q2496
Open questionAmount sacrificed by shareholders are credited to . . . . . . . .
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Q2497
Open questionCost of goods purchased for resale is an example of:
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Q2498
Open questionIn case of retirement of a partner, the partner's loan account would be shown
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Q2499
Open questionIn which one of the following methods of charge depreciation shall be balance never be reduced to zero?
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Q2500
Open questionWhat is the correct sequence of the preparation of the following accounts and statement of a non-profit organisation?
I. Income and expenditure account
II. Receipts and payment account
III. Balance sheet
Select the correct answer from the options given below:
I. Income and expenditure account
II. Receipts and payment account
III. Balance sheet
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