1 / 6

During the year a machine costing Rs. 25,000 (accumulated depreciation Rs. 10,000) was sold for Rs. 13,000.

Need Answer Sheet of this Question paper<br>Contact us at<br>answersheethelp@gmail.com<br>M: 7019944355 <br>

Download Presentation

During the year a machine costing Rs. 25,000 (accumulated depreciation Rs. 10,000) was sold for Rs. 13,000.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Finance Managementinfo@answersheets.in+91 95030-94040

  2. Finance Management Q1.List out the differences between funds flow and cash flow statement. Q2.Examine the break-even analysis with suitable examples and workings. Q3.Explain the rules and regulations of International Accounting Standards. Q4.Write an essay about common size and comparative statements.  Q5.Bring your attention on classification of budgets with suitable examples

  3. Q6. From the following figures given to you the calculate material variances. Production for period, 192 units. Particulars Material X Material Y Standard price per tonne Rs. 240 Rs. 320 Actual price paid per tonne Rs. 227.50 Rs. 308 Actual weights 16 tonnes 13 tonnes The standard production for the period represented by the above figures is 400 units for which the standard quantity allowance for material are 30 tonnes of X and 25 tonnes of Y. Q7.The comparative Balance Sheets of M/s Ram Brothers for the two years were as follows (a). Net Profit for the year 1995 amounted to Rs. 60,000.

  4. (b) During the year a machine costing Rs. 25,000 (accumulated depreciation Rs. 10,000) was sold for Rs. 13,000. The provision for depreciation against machinery as on 31.12.1994 was Rs. 50,000 and on 31.12.1995 Rs. 85,000. You are required to prepare a cash flow statement. Q8.The capital of Everest Co. Ltd. is as follows : (a) Closing stock Rs. 6,800. (b) Machinery is to depreciated by 10% and patents by 20%.

  5. (c) Salaries outstanding Rs. 1,500. (d) Insurance includes a premium of Rs. 170 on a policy expiring on 31.12.1998. (e) Further bad debts are Rs. 700. (f) Rent receivable Rs. 1,000. Prepare Trading and Profit and Loss a/c and Balance Sheet. 10. Explain the various role performed by a modern management accountant.

  6. www.answersheets.in info.answersheets@gmail.com info@answersheets.in +91 95030-94040

More Related