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 5753

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 4347

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 3223

Post New Ignou Accounting General Interview Questions

Un-Answered Questions

How many modes are there in bo & designer? : sap bobi


What are c++ redistributables?


What are the branches of artificial intelligence?


How many tags were removed in html5?


before doing client copy you have to adjust table space at os level.what is the single command for that?(with out going through all the menu of brtools)


Explain the Usage of regulatory region?


State the different between between thin client & thick client?


Is apple os more secure than windows?


Explain the Algorithm of Nearest Neighbor in Machine Learning?


what is constraints? Also explain the different types of constraints?


What is c language & why it is used?


what is the difference between N-layer and N-tier architecture in LINQ?


What program is used to store the data source file?


Is a website on wordpress safe and secure?


Where is corporate office of LIC located?