Self Studies

Financial State...

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  • Question 1
    1 / -0

    On the basis of the following information, calculate the amount of stationery to be debited Income and Expenditure Account for the year on March 31, 2011. Calculate amount of stationery used during 2010-2011

    Stock of stationery on April 1, 2010 6,000
    creditors for stationery on April 1, 2010 4,000
    Amount paid stationery on March 31, 2011 21,600
    Stock of stationery on March 31, 2011 1,000
    Creditors for stationery on March 31, 2011 2,600

  • Question 2
    1 / -0

    Calculate the amount of subscription to be credited to Income & Expenditure a/c for the yr. 2007-08- Subscription received during 2007-08 - Rs.50,000, Subscription outstanding on 31-3-08 8,000, Subscription outstanding on 1-04-07 - Rs. 6,000

  • Question 3
    1 / -0

    Ascertain the amount of salary chargeable to Income & Expenditure A/c for 2006-07 Rs- Total salaries paid in 2006-07: Rs.10,200, prepaid salaries on 31-3-2006: Rs.1,200, Prepaid salaries on 31-3-2007: Rs. 600, Outstanding salaries on 31-3-2006: Rs.900, Outstanding salaries on 31-3-2007: Rs.750

  • Question 4
    1 / -0

    From the following calculate the subscription for the current year:
    Outstanding Subscription 1.1.2012: Rs.9500, Outstanding Subscription on 31.12.2012: Rs.10000, Subscription received in advance on 1.1.2012: Rs.6200, Subscription received in advance 31.12.2012: Rs.8700, Subscription received during the year 2012 Rs.2, 50,000

  • Question 5
    1 / -0

    Calculate the sports material to be debited to Income & Expenditure a/c. For the yr. ended 31-3-2007 on the basis of the following information. Amount paid for sports material during the yr. was Rs.19, 000

    Particulars 1=4=2006 (Rs.) 31.3.2007 (Rs.)
    Stock of sports material 7,500 6,400
    Creditors for sports material  2,00 2,600

  • Question 6
    1 / -0

    Specific donations are:

  • Question 7
    1 / -0

    Outstanding subscription in the beginning 6,000 and at the end of the year 4,000. Advance subscription in the beginning 2,500 and at the end 3,000. Subscription received during the year 15,000. Subscription income for the year is:

  • Question 8
    1 / -0

    Tournament fund, tournament expense, tournament incomes are shown in:

  • Question 9
    1 / -0

    Subscription outstanding at the end of the current year is shown:

  • Question 10
    1 / -0

    Out of these, which account is prepared by the non-trading institution :

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