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Share Here MGT101 Current Mid Term Papers from 20 June 2015 to 01 July 2015...

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Find FOH?
describe Ledger balance, credit n debit balance?
Accumulated depreciation?
Balance sheet?
Which are capital expenses?

Why is it necessary adjust to cost of opening and closing enventories is the calculation the cost of goods sold .2 marks
Write the major advantages of ledger .
Difference between the simple line method and reducing line method 
Gross profite calculate krna tha..data dia huwa tha .5 marks
State whether the following capital and revenue expenditure ….3 points given thy .

  • Subjectives are... 1. How many major heads of accounting are involved in Balance sheet. Explain.. (5) 2. Prepare a Bank Reconcilation Statment.. conditions are i) Favorable Balance as per the pass book Rs. 60,000 ii) A cheque oaid to ABC for Rs. 3000 had been entered in cass book as 2000 iii) A R

  • iii) A Reciept of Rs. 4000 shown on the bank statment has not been entered. 3.Find Opening Raw MAterial.. Goods cost completed=25,000 Closing Stock of Raw MAterial=50,000 Purchases of Raw Material= 50,000 Cost=100,000

  • 4.some information was given & then it was Required to pass ajournal entry for the construction of such assets if the pyament is made through cash.. 5. Calculate Total Revenue.. Cost=5000 Capital= 100,000 Opening Stock=10,000 Gross Profit=10,000 Comission Recieved= 2000

MCQS from past 

capital acount question, straight line method, depriciation at 10 prcnt for five years, raw matrial entries, profit and loss acount, 

sub cost of goods findout, total factory cost Bank accont banana Yeah they queation 5 5 k 4 r 3 3 k 2

book value of car batani thi 

500000 car 98000/y depriciation for 5year residual 35000

but car sold aftr 4y at 100000


Capital Expenses.
Get Payable Acc May 1 to May 31 ,
Find out the fixed assest.
converting the transaction into General journal.
Conclusion of a Cheque Book

Question No. 01) What is Bank Reconciliation Statement
Question No. 02) Income Statement main Interest Find kerna tha
Question No. 03) Straight Line Method se Depreciation find out kerni thi aur Book Value vs Market Value k hisaab se apnay asset k disposal per profit ya loss batana tha.
Question No. 04) What are the types of stock in Trading and Manufacturing concern.
Question No. 05) Raw Material, WIP aur Finished Goods ki journal entries btani thee.

Question No. 01) What is Bank Reconciliation Statement
Question No. 02) Income Statement main Interest Find kerna tha
Question No. 03) Straight Line Method se Depreciation find out kerni thi aur Book Value vs Market Value k hisaab se apnay asset k disposal per profit ya loss batana tha.
Question No. 04) What are the types of stock in Trading and Manufacturing concern.
Question No. 05) Raw Material, WIP aur Finished Goods ki journal entries btani thee.

Question # 19: Difference between Capital and Revenue Expenditure? (3)
Question # 20: What is Journal Entry and Ledger Posting? (3)
Question # 21: Cost of Machine and WDV (5)
Question # 22: Calculate Admin and Selling Expense (5)
Question # 23: Prepare Accounts Receivable Account by given data (5)

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