« previous next »
Pages: [1]   Go Down

Author Topic: Help accounting MCQ  (Read 1911 times)

Offline moon

  • SF Citizen
  • ***
  • Posts: 222
  • Reputation: 770
Help accounting MCQ
« on: October 14, 2010, 09:29:41 pm »
can u plz help me in questions no. 6,11, 16,22,23,24,30,32,33,39 Nov.06 ppr1
Thanx in advance.
Logged

Offline SauD~

  • Chére
  • SF V.I.P
  • ********
  • Posts: 8629
  • Reputation: 65535
  • Gender: Male
  • ~ I wish my dream comes true ~
Re: Help accounting MCQ
« Reply #1 on: January 17, 2011, 08:44:31 am »
6. B  how---> Old capital + capital introduced = New capital -- then --> Capital - Drawings = New Capital
                    23,000 + 2500 = 25500  ---------------------------------> 25500 - 1500 = 24000

Logged

Offline SauD~

  • Chére
  • SF V.I.P
  • ********
  • Posts: 8629
  • Reputation: 65535
  • Gender: Male
  • ~ I wish my dream comes true ~
Re: Help accounting MCQ
« Reply #2 on: January 17, 2011, 09:25:37 am »
11. B,  as trade discounts are shown on invoice and cash discounts in P&L

16. C   as Opening balance is added to purchases and closing balance is subtracted ;)

22. B

23. B   Same as the 16 number :)

24. D   Prepaid for 2006

Logged
Pages: [1]   Go Up
« previous next »