Q2761
Open questionA bank pass book is a copy of:
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Accounting
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Q2762
Open questionLIFO inventory method was used in year I, FIFO in year II and weighted average in year III. Which accounting principle is violated?
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Q2763
Open questionLife insurance is a contract of . . . . . . . .
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Q2764
Open questionAccounting is:
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Q2765
Open questionA bill which is not an inland bill is a . . . . . . . . bill.
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Q2766
Open questionShankar introduces Rs. 5000 as additional capital in the business. This amount will be considered as:
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Q2767
Open questionA bank reconciliation statement is prepared by . . . . . . . .
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Q2768
Open questionOutstanding salaries are shown as:
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Q2769
Open questionWhich one of the following depreciation methods is most suitable for a coal mine?
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Q2770
Open questionA Cheque received and deposited in the bank on the same day is recorded in the . . . . . . . .
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Q2771
Open questionAfter the redemption of debentures, any credit balance in the Sinking Fund a/c is transferred to . . . . . . . . a/c.
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Q2772
Open questionAccording to records of a firm which not keep its accounts on double entry systems, all sales were made on credit so as to realise a profit of on sales proceeds. The stock of unsold goods at the beginning and at the end of the trading period were valued at Rs. 21,000 and Rs. 18,000 respectively. Goods worth Rs. 1,39,500 were purchased for resale during the period.
The proprietor withdraw goods worth Rs. 1,500 during accounting period for personal use. What were the total sales during the period?
The proprietor withdraw goods worth Rs. 1,500 during accounting period for personal use. What were the total sales during the period?
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Q2773
Open questionLiquidation expenses paid by the transferee company is debited to . . . . . . . .
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Q2774
Open questionA bill drawn and accepted for providing funds to a friend in need is known as:
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Q2775
Open questionAt the time of the renewal of a bill, interest account is . . . . . . . . in the books of the drawee.
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Q2776
Open questionWhich of the following is an equation?
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Q2777
Open question. . . . . . . . is allowed to encourage early cash payment.
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Q2778
Open questionOn standard asset a minimum provision of . . . . . . . . is required.
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Q2779
Open questionBank reconciliation statement is prepared by the:
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Q2780
Open questionWhich of the following reserves cannot be distributed as dividend to share holders?
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