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  • Question 1
    1 / -0

    Which of the following equation is incorrect?

  • Question 2
    1 / -0

    If sales is Rs. $$2,00,000$$ and the rate of gross profit on cost of goods sold is $$25\%$$, then the cost of goods sold will be:

  • Question 3
    1 / -0

    ParticularsJune $$2015$$July $$2015$$August $$2015$$
    Opening stock$$4,08,000$$$$4,34,400$$$$4,60,800$$
    Credit Sales$$15,00,000$$$$16,00,000$$$$17,00,000$$
    Cash Sales$$2,00,000$$$$2,10,000$$$$2,20,000$$
    Selling price is $$125\%$$ of the purchase price.
    The cost of goods sold for the month of June, $$2015$$ is?

  • Question 4
    1 / -0

    The cost of goods sold for the month of July, $$2015$$ is?

  • Question 5
    1 / -0

    Find the purchases for the month of july, 2015 from the following information given below :-

    Sales - Rs. 18,10000
    Gross Profit - Rs. 20 %
    Opening stock - Rs. 4,34,400
    Closing stock - Rs. 4,60,800

  • Question 6
    1 / -0

    Property, Planted Equipment are conventionally presented in the Balance Sheet at.

  • Question 7
    1 / -0

    Opening stock - Rs. $$40,000$$, Purchases - Rs. $$2,60,000$$, Closing stock - Rs. $$20,000$$, Cost of goods sold $$=$$?

  • Question 8
    1 / -0

    From the following information, find out the missing information.
    Opening stock - Rs. $$50,000$$, Closing stock - Rs. $$1,50,000$$, Sale - Rs. $$16,00,000$$, Gross profit ratio is $$25\%$$ on sales. Purchases $$=$$?

  • Question 9
    1 / -0

    First account to be prepared for determining the profit or loss of a proprietor is ________.

  • Question 10
    1 / -0

    Opening stock - Rs. $$40,000$$, Purchases - Rs. $$2,60,000$$, Closing stock - Rs. $$20,000$$, Direct expenses - Rs. $$50,000$$, Indirect expenses - Rs. $$35,000$$: Cost of goods sold $$=$$?

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