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Good Night
Pictures (1) Question No: 1 ( Marks: 1 ) - Please choose one
ISL201 (2)
1 8 8 8 6 2
We can say that the business is in profit, when:
MCM301 (2)
MCM311 (1)
► Assets exceed Expenditure
MGT101 (9) ► Assets exceed Liabilities
► Income exceeds Expenditure
MGT301 (2)
► Income exceeds Liabilities
MGT411 (4)
Question No: 2 ( Marks: 1 ) - Please choose one
MGT501 (1)
MGT502 (1) Cost incurred for the maintenance of shop is considered as _________.
► Deferred expense
MGT503 (2)
► Capital expense
MGT603 (9) ► Revenue expense
► Preliminary expense
MTH202 (1) The Only Antivirus Provider Windows Users Should Opt For...
Question No: 3 ( Marks: 1 )- Please choose one
Notice Board The Only Antivirus Provider Windows Users Should Opt For (2018)
(VU) (4) secure.calch.gdn
If a business purchases machinery for Rs. 30,000 on 31st January 2008 having life of 10 years, this
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PAK301 (3) expense will be realized ___________ under the concept of accrual accounting.
► For the year 2008 only
STA301 (4) ► For the last day of 10th year only
► Over 10 years
► Nothing can be said about it
► Latin
► English
► French
► Chinese
According to the double entry system of accounting, an account that obtains benefit is:
► Debit
► Credit
► Income
► No need to show as accounting record
Blog Archive
An Asset that is NOT physical in nature is called _________.
► 2016 (1)
► Intangible Asset ► 2014 (10)
► Liquid Asset
► Current Asset ► 2013 (2)
► Fixed Asset ► 2012 (14)
▼ 2011 (153)
Question No: 7 ( Marks: 1 ) - Please choose one
► December 2011 (2)
► November 2011
What would be the affect on the components of the accounting equation, if goods are purchased on
(25)
cash?
► October 2011 (3)
► Increase in cash and decrease in equity ► September 2011 (2)
► Increase in cash and increase in goods
► August 2011 (1)
► Increase in goods and decrease in cash
► Increase in equipment and increase in equity ► July 2011 (21)
► June 2011 (41)
Question No: 8 ( Marks: 1 ) - Please choose one
▼ May 2011 (55)
ENG101 Final
Which of the following is CORRECT about the flow of recording a transaction? Term past
Paper3
► Occurrence of event – voucher—Journal—Ledger—Trial Balance—profit and loss ENG101 Final
account—Balance Sheet Term past
Solved Paper
► Occurrence of event—Journal – voucher —Ledger—Trial Balance—profit and loss account— 2
Balance Sheet ENG101 Final
Term Solved
► Occurrence of event—Ledger – voucher—Journal—Trial Balance—profit and loss account— Paper
Balance Sheet Must Watch
Cobra vs
► Occurrence of event—Trial Balance – voucher—Journal—Ledger—profit and loss account— Mongoose
Balance Sheet Eng101 Solved
MCQ’s
CS101 SOLVED
Question No: 9 ( Marks: 1 ) - Please choose one MCQ’S
Good Night
In an account, if credit side < debit side then the balance is known as: Picture
► Negative Balance
CS201 Grading
► Debit Balance Scheme of
► Positive Balance
► Credit Balance Must Watch-
Pakistani ISI
Beat CIA_
Question No: 10 ( Marks: 1 ) - Please choose one RAW and MI6
in...
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MGT411 Solved
Mid term
While making Income & Expenditure account, Excess of income over expenses in a specified Paper
accounting period is called:
MGT411 Past
Mid Term
► Profit Paper
► Loss
► Surplus MGT411 Past
paper
► Deficit
MGT411 Past
Question No: 12 ( Marks: 1 ) - Please choose one Paper
CS610 Past Mid
Term Paper
Gross Profit > Operating Expenses=? 2011
MGT603 Solved
Past Mid Term
► Net Profit Paper
► Cost of Goods Sold
► Net Loss MGT503 Solved
Mcq,s,
► Gross Loss
MGT503 Mid
Question No: 13 ( Marks: 1 ) - Please choose one Term Past
Paper
ENG201 Mid
Accrued expenses are the example of: Term Past
► Current liabilities Paper
► Long term liabilities
CS101 Solved
► Deferred costs Mcq,s
► Capital expenses
Important
Information
Question No: 14 ( Marks: 1 ) - Please choose one
Video
CS605 Mid Term
The favorable balance of Profit and Loss account should be: Past Paper
► Added in liabilities
Most beautiful
► Subtracted from current assets Naat
► Subtracted from liabilities
► Added in capital MCM301 Past
Solved Long
Question
Question No: 15 ( Marks: 1 ) - Please choose one
CS601 Past Mid
Term Paper
Which of the following account balance will be shown on debit side of Trial Balance? (It is assumed
CS504 Mid Term
that all account balances are shown on normal balance). Past Solved
Paper
► Capital account
Eng201 Past Mid
► Sundry creditors account Term Paper
► Accounts payable account
► Cash account Eng201 Past Mid
Term Paper
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CS101 Mid Term
► Work in Process Inventory past solved
► Raw Materials Inventory paper
► Finished Goods Inventory STA301 Past Mid
► All of the given options Term Paper
MGT101 Past
Question No: 20 ( Marks: 1 ) - Please choose one Mid Term
Paper
Following are the inventories of Manufacturing Concern EXCEPT: MGT502 Past
Paper
► Raw material MTH202 Mid
► Work in process Term Past
► Finished goods solved paper
► Merchandise inventory MGT301 Mid
Term Solved
Question No: 21 ( Marks: 1 ) - Please choose one Past paper
ENG201 Past
Mid Term
The products that are ready for sale are known as:
Paper
CS501 Past
Paper
► Raw material
► Work in process CS401 Past
► Finished goods Paper
► Closing stock CS604 Past
Paper
Question No: 22 ( Marks: 1 ) - Please choose one
ENG201 Past
Paper
Which of the following is an example of direct materials cost?
► February 2011 (3)
A decrease in value of a fixed asset due to age, wear and tear is known as:
► Depreciation
► Accumulated Depreciation
► Appreciation Good Night
Picture
► Written Down Value
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rCS101 Solved Mid Term Paper
sDownload Click Here
Depreciation for each year R
s ENG001 Mid Term Past Paper
.MIDTERM EXAMINATION
Spring 2009 ENG001-
1
Elementary English (Session -
53) Question No: 1 ( Marks:
, 1 ) - Please choose one A list
0of...
0
Eng101 Solved
0 MCQ’s
Sale price after 5 years R Eng101 Solved
s MCQ’s Question
. No: 1 ( Marks:
5 1 ) - Please
choose one Identify the best
0
answer which is not a synonym
, for ...
0
0
0
Written down value of asset at the end of 5th year R
s
.
2
5
,
0
0
0
Profit or loss on disposal of fixed assets ?
All the costs incurred on the incomplete assets up to the balance sheet date must be transferred to:
► Capital account
► Capital work in progress account
► Relevant asset account
► Owner's equity account
Cost/Unit Total
Date Item Quantity Rs. Rs.
Jan. 2 Beginning inventory 10 10 100
Mar. 4 Purchase 35 11 385
May 8 Purchase 40 12 480
Nov. 3 Purchase 20 13 260
De31 Merchandise available 105 1,225
80 units were sold, Use the FIFO method of inventory costing and determine the cost of goods sold.
► Rs. 1,225
► Rs. 1,015
► Rs. 965
► Rs. 905
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► Rs.8, 000
► Rs.8, 400
► A memorandum statement
► A ledger account
► A part of cash book
► A part of journal
► Factory Buildings
► Office Equipment
► Plant & Machinery
► Land
Find out the missing value of an Accounting Equation with the help of given data:
Particulars Rs.
Assets 8,20,000
Owner's equity 3,80,000
Liabilities ?
► Rs. 1, 98,000
► Rs. 49,000
► Rs. 55,000
► Rs. 4, 40,000
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► Original cost minus Residual value
► Written down value minus Accumulated depreciation
An estimate of the income and expenses needed to carry out business plans for a fiscal year is known
as:
► Budgeting
► Costing
► Management
► Auditing
► Liabilities
► Assets
► Capital
► Income
What would be the value of conversion cost, if the cost of material consumed during the month is Rs.
5,000, labor cost incurred is Rs. 2,000 and the factory over head cost is Rs. 1,000?
► Rs. 3,000
► Rs. 8,000
► Rs. 7,000
► Rs. 5,000
The following are some of the causes of difference between the Cash Book and the Pass Book
balances. If you start with the Cash Book (Dr.) balance in Bank Reconciliation Statement, will
you add them or deduct?
Particulars Add/Less
1. Cheques issued but yet not paid by bank. less
2. Cheques deposited but not credited by bank. less
3. Amount directly deposited into bank by a customer but not recorded in the
Cash Book. add
4. Dividend collected by bank but not entered in Cash Book. add
5. Insurance premium paid by bank but not recorded in Cash Book. less
6. Cheque deposited but no entry was made in Cash Book. add
7. Bank charges debited by bank but not credited in the Cash Book less
8. Interest on overdraft debited by bank but not recorded in Cash Book. less
9. Cheque issued but wrongly debited in Cash Book less
10. Interest credited by bank but not recorded in cash book add
Labels: MGT101
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this is a good paper's its help me in midterm's.so i am very thankful to the cearter of this site.
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Thanks
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very helpful
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one question was to find the acccounting equation total assets were of RS 80385 i could not
find answer can u tell how did u find it ?
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Good struggle
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Press Ctrl+P and this file will be saved as PDF in your computer. there are two options to save
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