Joy Ltd. companuy bought a Building for ₹ 100 each at a discont of 10% .
Give Journal entries.
1 Answers
ABC Ltd. has Debt Equity ratio of 3:1 whereas Ltd. has Debt Equity ratio of 1:1. Name the advantage ABC Ltd will have over Ltd, when the rate of inter
Correct Answer - a Trading on equity.
2 Answers 3 views
Prove that `^100 C_2^(100)C_2+^(100)C_2^(100)C_4+^(100)C_4^(100)C_6++^(100)C_(98)^(100)C_(100)=1/2[^(200)C_(98)-^(100)C_(49)]dot`
To find `S = .^(100)C_(0).^(100)C_(2)+.^(100)C_(2).^(100)C_(4)+.^(100)C_(4).^(100)C_(6)+"....."+.^(100)C_(98).^(100)C_(100)` Consider, `.^(100)C_(0).^(100)C_(2)+.^(100)C_(1).^(100)C_(3) + .^(100)C_(2).^(100)C_(4)+.^(100)C_(3)+.^(100)C_(5)+"...." + .^(100)C_(98).^(100)C_(100)` `= .^(100)C_(0).^(100)C_(98)+.^(100)C_(1).^(100)C_(97) + .^(100)C_(2).^(100)C_(96)+.^(100)C_(3).^(100)C_(95) + "....."+^(100)C_(98) .^(100)C_(0)` = Coefficients of `x^(98)` in `(1+x)^(100) (1+x)^(100)` `= .^(200)C_(98) " "(1)` Also,...
2 Answers 1 views
Each entry in Column X is in some way related to the entries in Columns Y and Z. Match the approiate entries. `{:("Column X","Column Y","Column Z"),(A
Correct Answer - `Ararrq,o;Brarrp,n;Crarrr,m`
2 Answers 1 views
Column - I and Column - II contains four emtries each. Entries of Column -I are to be matched with some entries of Column - II . One or more than one
Correct Answer - `Ato P,S; Bto P; C to Q,R; D to Q`
2 Answers 1 views
25) Following errors were detected from the books of accounts of Amar. Give journal entries to rectify them. 1) Rs 5000 paid for wages for erecting the plant were entered in the wages \( A / c \) 2) Paid Rs 2000 as salaries to Ramu but an amount was debited to his personal \( A / c \). 3) Rs 6000 received from a customer namely Dinesh is credited to Capital \( A / c \)
Journal Entries:- 1) Wages A/c Dr.5000 To Plant A/c 5000 2) Suspense A/c Dr.4000 ...
2 Answers 1 views
Star Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Moon Ltd. For ₹ 6,00,000 . Give necessary Journal entries in the boo
Correct Answer - Entry in both Cases: De. Sundry Assets A/c - ₹ 6,60,000 and Goodwill A/c - ₹ 20,000; Cr. Sundry Liabilities A/c ₹ 80,000 and Moon Ltd. -...
2 Answers 1 views
Give necessary Journal entries: (i) The Directors of Devendra Ltd. Resolved on 1st January, 2010 that 100 Equity Shares of Rs. 10 each, Rs. 8 paid-up
Correct Answer - (i) Capital Reserve-Rs. 300. (ii) Capital Reserve-Rs. 75.
2 Answers 1 views
Show the forfeiture and reissue entries under each of the following cases: (i) X Ltd. Forfeited 300 shares of Rs. 10 each, Rs. 8 called-up held by Mr.
Correct Answer - Capital Reserve-(i) Rs. 1,500; (ii) Rs. 2,400; (iii) Rs. 250.
2 Answers 1 views
Pass Journal entries in the following cases: M Ltd. forfeited 200 Equity Shares of Rs. 10 each, issued at a premium of Rs. 5 per share, held by Ram fo
Correct Answer - Capital Reserve-Rs. 300.
2 Answers 1 views
Shyama bought 5 kg 300 g apples and 3 kg 250 g mangoes. Sarala bought 4 kg 800 goranges and 4 kg 150 g bananas. Who bought more fruits?
Correct Answer - सरला ने अधिक फल खरीदे।
2 Answers 1 views