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I have done B.Sc.(H)Zoology.Presently doing MBA(Global
Business).Went for an interview.There they asked me "Why
did you do MBA after doing B.Sc.?"
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Answer Posted / aman kumar
I was very interested in zoology ,that's why i did .But as
far as career is concerned i always wanted to work in
private sector at managerial post ,also if u want to stay
there in the sector u need a technical hand that will
sharpen your skill of management.
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Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the fifth year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% per annum at the end of the 5th year the securities were sold for Rs.62,200 and the old machinery was sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.Pass the journal entries and show the ledger accounts
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