12th Class Accounting MCQS Accounts From Incomplete Records Online Test 2
3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-partnership-act-is-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-1932-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-portion-of-called-up-capital-which-has-been-actually-paid-up-shareholders-is-called-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-epaid-up-capital-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-profit-on-the-revaluation-of-assets-and-liabilities-on-the-retirement-of-a-partner-should-be-credited-to-the-capital-account-2-f-accounts-of-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-eall-the-partners-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-relation-between-consignor-and-consignee-is-that-of-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-principal-26-amp-3-b-agent-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-share-of-profit-to-a-new-partner-in-the-future-profits-without-any-express-agreement-as-to-who-will-contribute-to-new-partner-e-2-80-99-s-share-of-profit-is-implied-that-old-partners-contribute-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ein-their-profit-sharing-ratio-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-we-cannot-prepare-the-trial-balance-and-precise-balance-sheet-under-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-esingle-entry-system-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-when-a-new-partner-is-admitted-in-partnership-2-c-this-process-is-called-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-admission-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ea-business-running-into-losses-will-have-generally-no-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-egoodwill-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-credit-side-of-income-26-amp-3-b-expenditure-account-records-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-income-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-fluctuation-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-emay-rise-or-fall-the-value-of-an-asset-3-c-2-fspan-3-e-3-c-2-fp-3-e,according-to-companies-ordinance-2-c-single-entry-system-cannot-be-adopted-by-3-a_-_joint-stock-companies,arithmetically-accuracy-of-facts-of-accounts-can-e-2-80-99-t-be-checked-under-3-a_-_single-entry-system,due-to-drawing-made-during-the-year-2-c-the-closing-capital-will-3-a_-_decrease,if-opening-stock-rs-15000-3-b-sales-rs-180000-3-b-purchase-rs-140000-3-b-gross-profit-on-cost-20-25-then-the-closing-stock-will-be-3-a_-_nil,if-the-capital-at-the-end-rs-30000-3-b-drawings-rs-1250-3-b-capital-in-the-beginning-rs-15000-3-b-then-the-amount-of-net-profit-will-be-3-a_-_rs-16250,if-the-capital-at-the-end-rs-45000-3-b-fresh-capital-introduced-during-the-year-rs-15000-3-b-capital-in-the-beginning-rs-32500-3-b-then-the-amount-of-loss-will-be-3-a_-_rs-2500,if-the-capital-in-the-beginning-rs-65-2-c-650-3-b-fresh-capital-introduced-during-the-year-rs-16-2-c-250-3-b-loss-during-the-year-rs-11-2-c-375-3-b-then-the-capital-at-the-end-will-be-3-a_-_rs-70-2-c-525,in-appearance-2-c-the-statement-of-affairs-is-similar-to-3-a_-_balance-sheet,in-single-entry-system-the-final-accounts-are-prepared-by-means-of-statement-of-affairs-3-a_-_approximately,in-single-system-2-c-in-order-to-calculate-the-true-net-profit-or-net-loss-2-c-it-is-necessary-that-the-amount-of-drawing-should-be-subtracted-from-3-a_-_closing-capital,opening-capital-is-ascertained-by-preparing-3-a_-_opening-statement,single-entry-system-contains-3-a_-_all-of-above,single-entry-system-is-suitable-for-3-a_-_sole-proprietorship,under-single-entry-system-2-c-if-ending-capital-is-less-then-opening-capital-2-c-it-represents-3-a_-_loss,we-cannot-prepare-the-trial-balance-and-precise-balance-sheet-under-3-a_-_single-entry-system
Questions | 25 |
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Available | Always |
Pass rate | 45 % |
Backwards navigation | Allowed |