Top 50 Accounting MCQs with Answers Part 2 for B.Com M.Com CA ICWA NET SET Accounts MCQ MCQs Account

[@shri.sachinkulkarni3484]

First of all thanks for showing interest in our videos... Shortly i am going to upload many videos containing commerce & accounting related study material and MCQ with answers, which will help you to prepare for the various competitive exams. Best of luck....

[@rachnataak4274]

Shivshakti Institute of Commerce & Business Studies thnx sir plz upload the eco mcq...

[@shri.sachinkulkarni3484]

Rachna Taak This Time Victory Obviously why not.... As early as possible i will upload the same. Thanks for showing interest in our channel & motivating us .....

[@rachnataak4274]

Shivshakti Institute of Commerce & Business Studies thnx sir 😃

[@emankhan5418]

sir nts k lie bhi koi video bana dwin plz

[@amolmane5220]

What will be entry of building purchase from building fund of ₹50000.?

[@shri.sachinkulkarni3484]

Building Fund A/c Dr. 50000 To Profit & Loss A/c 50000 (Being building fund A/c transfered to P & L A/c to utilize it for the purchase of the building) Result of above entry:- liability side remained unchanged and building fund A/c is closed (as building fund A/c is a provision having credit balance of 50000 and situated at liability side and by giving debit to building fund A/c of 50000 and credit to profit & loss A/c , building fund A/c will have 50000 debit and 50000 credit and will get closed ) building fund and profit & loss A/c both are the items of liability side. Liability side will remain unchanged as 50000 transferred from building fund to profit & loss A/c ( 50000 transferred from liability side to liability side building fund is at liability side and profit & loss A/c is also at liability side: so no change in the total of liability side). Liability side remained unchanged. 2nd entry Building A/c Dr. 50000 To Cash /Bank A/c. 50000 (Being building purchased) Effect of 2nd entry asset side will remained unchanged as cash went by 50000 but building came by 50000 both are the items of asset side so asset side remained unchanged. Ultimately liability side remained unchanged and asset side also remained unchanged so both sides are equal as previously (tally position). * In this way problem gets solved... Thanks for showing interest in our channel..

[@Meenakshivj123]

Opening Capital 90000 Additional capital 25000 Drawings 35000 Closing capital 1250000 to profit ka kitna amount capital mai plus krenge

[@shri.sachinkulkarni3484]

If closing capital amt is 12,50,000 as mentioned in your comment then profit to be added will be 11,70,000. Calculation is as follows:- Opening Capital. 90,000 Add additional capital. + 25000 --------------- 1,15,000 Less: Drawings. - 35,000 ------------------- Net Capital 80,000 Closing Capital 12,50,000 Net Capital. - 80,000 ---------------- Profit added in cap = 11,70,000

[@shri.sachinkulkarni3484]

If closing capital amt is 12,50,000 as mentioned in your comment then profit to be added will be 11,70,000. Calculation is as follows:- Opening Capital. 90,000 Add additional capital. + 25000 --------------- 1,15,000 Less: Drawings. - 35,000 ------------------- Net Capital 80,000 Closing Capital 12,50,000 Net Capital. - 80,000 ---------------- Profit added in cap = 11,70,000

[@Meenakshivj123]

Thanks

[@rupeshg6499]

Please explain the answer of question 6

[@fatimamuhammad8823]

Gud info but please avoid such as background music bcoz a student can't concentrate on lesson or information whatever...

[@snehakashyap5096]

you can mute the sound

[@MrShivamzzz]

Pls explain the answer of Q. No. 6..

[@dineshjadhav4811]

Question no 20 is it right ans

[@mirsameena4399]

CloSinG stOck is Credited in the : BalanCe sheet

[@Global24Education]

28 ka ans glt h sir ji D hoga correct ans

[@shri.sachinkulkarni3484]

Sorry but A is a correct answer. Because Total liabilities = Total Assets. And. Total Liabilities = capital + Liabilities So, Total Assets = Capital + Liabilities.

[@siddhupujari1097]

Please explain que 20

[@sonulifetime6456]

sir video. ko verbally kro

[@Meenakshivj123]

Humne jvvnl ka junior accountant ka form fill kiya hai...iske 1st part graduate level ke commerce ke questions aayenge ..aap provide kra skte hai ya preparation kra skte h

[@shri.sachinkulkarni3484]

First of all thanks for showing interest in our videos... Shortly i am going to upload many videos containing commerce & accounting related study material and MCQ with answers, which will help you to prepare for the various competitive exams. Best of luck....

[@shri.sachinkulkarni3484]

First of all thanks for showing interest in our videos... Shortly i am going to upload many videos containing commerce & accounting related study material and MCQ with answers, which will help you to prepare for the various competitive exams. Best of luck....

[@Meenakshivj123]

Hello sir

[@rupeshg6499]

Opening stock 75000 Total sales 200000 Cost of goods sold 260000 Sales 300000 What is the amount of profit or loss? Please explain

[@shri.sachinkulkarni3484]

Sales - Cost of goods sold = Gross Profit So, Sales 3,00,000 - Cost of goods sold 2,60,000 = Gross Profit 40,000 Ans. : - Gross Profit = 40,000

[@rupeshg6499]

@@shri.sachinkulkarni3484 here what is the mean of sales and total sales

[@mariakhan9541]

Question 20 ka answer ghalt h

[@saurabhjain9972]

Koi muje 6 th ka ans explain kar Sakta hai

[@sohailshaikh686]

Bro prepare Trading a/c and put all the account which come under trading a/c you will get the answer...😊