Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans From the Balance Sheet given below, calculate: (i) Fixed Assets (ii) Current Assets (iii) Current Liabilities (iv) Working Capital Balance Sheet as at 31st March, 2023 3.52K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Balance Sheet as at 31st March, 2023 arranging the assets and liabilities – (i) in order of permanence and (ii) in order of liquidity: 5.01K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Profit & Loss Account for the year ended 31st March, 2023: Gross Profit 1,30,000 Rent 5,000 4.70K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following, prepare Profit & Loss Account of Gurman for the year ended 31st March, 2023: Salaries and Wages 30,000 5.05K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following figures, Calculate Operating Profit: Net Profit ₹ 1,00,000 Gain on Sale of Machine ₹ 15,000 3.73K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted Purchases ₹ 5,50,000; Sales ₹ 6,25,000 3.41K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Following balances are in the Trial Balance of a firm as on 31st March, 2023: Raw Materials 80,000 Finished Goods 1,40,000 3.89K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March, 2023: Adjusted purchases ₹ 6,60,000; Sales ₹ 7,44,000 4.43K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, prepare Trading Account for the year ended 31st March, 2023: Stock on 1st April, 2022 40,000 Purchases 4,00,000 4.27K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Ascertain Gross Profit from the following information: Opening Stock 3,00,000 Closing Stock 2,80,000 5.19K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Calculate Closing Stock from the following details: Opening Stock ₹ 20,000 Cash Sales ₹ 60,000 4.46K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000 4.16K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, determine Gross Profit for the year ended 31st March, 2023: Opening Stock (1st April, 2021) 4.71K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans State whether the following expenses are capital or revenue in nature: Expenses on whitewhashing and painting of a building purchased to make it ready for use. 4.07K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Fit India Ltd. has paid-up share capital of ₹ 1,00,00,000 (divided into 5,00,000 Equity Shares of ₹ 20 each) and 10,000, 7% Debentures of ₹ 200 each 9.11K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Dev Ltd. acquired running business of Amrit Ltd. having assets of ₹ 10,00,000 and liabilities of ₹ 2,50,000. 9% Debentures of ₹ 100 each were issued for the acquisition of business at a premium of ₹ 20 per debenture 8.08K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st April, 2018, Mathew Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5% 6.78K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st June, 2020, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years 6.60K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Garvit Ltd. invited applications for issuing 3,000, 11% Debentures of ₹ 100 each at a discount of 6%. The full amount was payable on application 6.80K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Global Ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of ₹ 9 7.02K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st January, 2018, Raha Ltd. issued 6,000, 8% Debentures of nominal (face) value of ₹ 100 each redeemable at 5% premium in equal proportion at the end of 5, 10 and 15 years 6.48K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Sujata Ltd. invited applications for issuing 50,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at par after 5 years 8.51K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Gladiators Ltd. issued 10,000; 8% Debentures of ₹ 100 each at a discount of 5%, redeemable at a premium of 5% payable along with application 7.78K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Mercury Ltd. issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a discount of 6% on 1st April, 2022 7.69K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Kitply Ltd. issued ₹ 2,00,000, 10% Debentures at a discount of 5%. The terms of issue provide the repayment at the end of 4 years 7.78K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture « Previous 1 2 … 132 133 134 135 136 … 186 187 Next » Question and answer is powered by anspress.net
