SR knowledge

PAST ADJUSTMENT IMPORTANT QUESTIONS FOR CLASS 12th: 1. Riya Mohan and Nisha share profit in the ratio of 3:2:1. The props for the last 3 years were 140000 rupees, 84000 rupees and 106000 rupees respectively. These profits word by mistake shared equally for all the three years. It is now decide to correct the error. Give the necessary journal entry for the same. 2. profits on by a partnership firm for the year ended 31st March 2017 were distributed equally between the partners Pankaj and Anu without allowing interest on capital. Interest on capital was Pankaj- 3000 rupees and Anu- 1000 rupees. Pass necessary adjustment entry. https://www.shrink-service.it/s/1lOyuO 3. Ram and Mohan are equal partners. Their capitals are 4000 rupees and 8000 rupees respectively. accounts for the year I prepared it is discovered that interest @ 5% per annum on capital as provided in the partnership deed has not been credited to the capital accounts before distribution of profit. It is d...

PROFIT AND LOSS APPROPRIATION SOME IMPORTANT QUESTIONS: 1. Prem and Manoj are partners in a firm sharing profit in the ratio of 3 ratio 2 the partnership deed provided that Prem was to be paid salary of 2500 rupees per month and Manoj was to get a commission of rupees 10000 per year. Interest on capital was to be allowed@5% per annum interest on drawing was to be charged@6% per annum. Interest on frames drawing was 1250 rupees and Manoj duaaen was 425 rupees. Interest on capitals of the partners were 10000 rupees and 7500 rupees respectively. The form on a profit of 90575 rupees for the year ended 31st March 2016. Prepare the Profit and Loss appropriation account of the form. 2. Amit and Vijay a started a partnership business on 1st April 2016. Their capital contribution were 200000 rupees and 150000 rupees respectively the partnership deed provided that: * Interest on capital be allowed@10 per annum. * Amit it to get a salary of 2000 per month and Vijay 3000 rupees...

                      General knowledge important questions

  1. If the speed of a swimmer in still water is 9 kilometre per hour find the downstream speed of the swimmer when the river is flowing with the speed of 6 kilometre per hour? 2. A boat goes 48 kilometre downstream in 24 hours it it takes 4 hour more to cover the same distance against the stream what is the speed of the boat in still water? 3. a person can row with the stream at 8 kilometre per hour and against the stream at 6 km per hour the speed of the current is is? 4. About melrose 1 km in 5 minut along the stream and 6 km in 1 hour against the stream the speed of the stream is? 5. a person can row downstream 20 km in 2 hours and upstream 4 kilometre in 2 hour what is the speed of the current? 6. A man Rose 12 km in 5 hour against the stream the speed of the current being 4 kilometre per hour what time will be taken by him to row 15 km with the stream? 7. A boat can travel upstream and downstream 28 kilometre taking 5 of each time the velocity of th...

                   General knowledge important questions:

  1. What is the area of triangle with sides of length 12 CM 13 cm and 5 cm? 2. the area of a right angle triangle is 40 square CM if its base is equal to 28 cm find its height? 3. The base of a triangular wall is 7 times its height if the cost of painting the wall at 350 rupees per hundred square metre is 1225 rupees then what is the base length? 4. The in radius of triangle is is 4 cm and its area is 34 square cm the perimeter of the triangle is? 5. lengths of the perpendiculars from a point in the interior of an equilateral triangle on its sides are 3cm 4cm and 5cm the area of triangle is? 6. the area of a rectangle whose length is 5 more than twice its width is 75 square units what is the perimeter of the rectangle? 7. if each of the dimension of a rectangle is increased by 200% the area is increased by? 8. the area of a rectangular field is 15 times the sum of its length and breadth if the length of that field is 40 metre what is the breadth of t...

  1. Anita purchased a bycicyle at a cost of 3200 rupees she sold it at a loss of 240 rupees. At what price did she sell the bicycle? 2. A person buys a book for 200 rupees and sells it for rupees 225. What will be his gain percent? 3. A gold bracelet is sold for 14500 rupees at a loss of 20% what is the cost price of the gold bracelet? 4. If A shopkeeper purchases cashew nut at rupees 250 per kg and and sells it at 10 rupees per 50 gram then he will have? 5. find the percentage loss when the cost price and the selling price of an article are in the ratio of 5 ratio 3? 6. The ratio of cost price and selling price of the article 25: 26 the percent of profit will be? 7. the cost price of an item is two third of its selling price what is the gain or loss percent on that items? 8. a trader buys some goods for 150 rupees if the overhead expenses be 12% of the cost price then what price should it be sold to on 10%? 9. A salesman expects a gain of 13% on...

              General knowledge important questions

                      GENERAL AWARENESS SOME IMPORTANT QUESTIONS