Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...

Company Name Starts with ...
#  A  B  C  D  E   F  G  H  I  J   K  L  M  N  O   P  Q  R  S  T   U  V  W  X  Y  Z

Ignou Accounting General Interview Questions
Questions Answers Views Company eMail

From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.

2 7149

Explain how the following transactions would be recorded in a cash book with Cash and Bank columns? i) Deposit of cash into Bank ii) Withdrawal of money from Bank for office use iii) Deposit of cheques (received from others) into Bank iv) Dishonour of cheques deposited into Bank I need a detailed answer..thanks..

3 4853

Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 3588

Post New Ignou Accounting General Interview Questions






Un-Answered Questions

What are the limitations of the basic differentiator circuit?

251


What is smtp server for outlook?

1


Why does marble rarely contains fossils?

228


What is cglib?

29


Is an api a web service?

142






Why we use arraylist instead of linked list?

185


In PHP, fgets() is used to read a file one line at a time. State Whether True or False?

273


Define soap web services?

204


what is the capitalization structure? - Venture Capitalists

662


What are the accessories of windows?

198


What is gl master record? What are its various segments?

256


th how could we differentiate between armoured copper and armoured aluminium cable what is the basic application? why we prefer the armoured copper as compared to armoured aluminium.

1104


Program lines for the radio button selection and unabling some input variables in section screen

504


What is erlang call centre staffing formula

1756


Explain integration framework.

1