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Accountancy
Business Studies
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English I
Economics
English II
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Question-1
Choose the odd one from the following and state reason
(A)
Admission fee to the extent capitalized
(B)
Sale proceeds of fixed assets such as investment, furniture book, equipments etc
(C)
Legacies is the amount given to the organization under a will on the death of the contributors for specific purpose
(D)
Hall rent receive from outsiders
Question-2
Income and expenditure Account shows a balance of
(A)
Cash in hand
(B)
Capital fund
(C)
Excess of revenue over expenditure or vice versa
(D)
None of these
Question-3
Spot out the odd on and state reason
(A)
Annual membership subscription
(B)
Admission fee not capitalized
(C)
Receipts from sale of old news papers and magazines
(D)
Donation from outsiders or members for specific purpose
Question-4
Income and expenditure account is a ______ account in nature
(A)
Real
(B)
Nominal
(C)
Personal
(D)
All of these
Question-5
If the amount of donation is small in value, it s treated as_____________
(A)
Income
(B)
Capital nature
(C)
Revenue nature
(D)
Both a and c
Question-6
Pick the odd one and state reason
(A)
Locker rent and clock room rent from members
(B)
Receipt from sale of refreshment, dinner coupons and other soul function
(C)
Interest received on fixed deposit
(D)
Life membership subscription
Question-7
____________ is received from the new members apart from the amount of annual subscription
(A)
Legacies
(B)
Endowment fund
(C)
Entrance fees
(D)
All of these
Question-8
_______________ are those amount in which a non-trading concern will receive as per will be of a deceased person
(A)
Subscription
(B)
Legacies
(C)
Entrance fee
(D)
Environment fund
Question-9
Any money received by the non-trading concern for performing a specific activity in the years to comes in is called __________
(A)
Legacies
(B)
Entrance fee
(C)
Donation
(D)
Endowment fund
Question-10
__________ is membership fee paid by the members on annual basis
(A)
Legacies
(B)
Subscription
(C)
Donation
(D)
All of these
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Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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