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      upsc commerce optional test series

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      • upsc commerce optional test series
      • Page 11
      15 July

      A company is contemplating to expand its business for which it will need a Capital Expenditure

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Capital expenditure of ₹ 1.50 crores and working capital of ₹0.50 crore. The existing capital of the company consists of 30,00,000 shares ₹10 each. The  additional investment may be financed by issue of fresh share capital or borrowings @15% interest …

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      15 July

      Critically examine MM-Thesis.

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Year of Exam- 2011 Question Paper -1 Question number-5-d Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever

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      15 July

      Give a list of items of expenses which are not allowed to be deducted from income in the determination of Profits and Gains from Business or Profession.

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Question Paper -1 Question number-5-c   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever

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      15 July

      Can a company issue sweat equity shares? Discuss various regulations for issue of such shares.

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Question Paper -1 Question number-5-b   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever

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      15 July

      “Dividend cannot be paid out of capital.”Explain it. Is there any exception to this rule of law? How will you, as an auditor, ensure that the dividend has not been paid out of capital ?

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Question Paper -1 Question number-5-a   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever

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      15 July

      Mr. Shan is a salaried employee. During the year ended on 31st March, 2011, the details of his income and other information were as follows:

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Year of Exam- 2011 Question Paper -1 Question number-4-b   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever   Question- Particulars Amount (₹) Annual Salary ₹35,000 * 12  4,20,000 …

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      15 July

      On 31st March,2011, the Balance sheet of ABC. Ltd. stood as follows:

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Year of Exam- 2011 Question Paper -1 Question number-4-a   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever   Question – Particulars Amount (₹) Particulars Amount (₹) Authorised Shares …

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      15 July

      Give your suggestions related to accounting standards on depreciation and inventories.

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Year of Exam- 2011 Question Paper -1 Question number-3-b   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever

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      15 July

      The Ledger balances extracted from the books of Prefect Public Ltd. for the year ended on 31st March, 2011 are as follows:

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Year of Exam- 2011 Question Paper -1 Question number-3-a   Contact for Full Videos Classes, Books, Tests Series and more  Whatsapp -7905338496/Telegram at @commerceachiever20 WATCH THE VIDEOS AT – https://www.youtube.com/c/commerceachiever   Question – Particulars Amount (₹) Share Capital  50,00,000 12% Debenture …

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      15 July

      Pass necessary journal entries in the account books of a Company

      • Posted by commerce achiever1
      • Categories Past Papers, UPSC Commerce Optional

      Also, mention the impact of each transaction on the Balance Sheet of the company.  Issue of Bonus shares in the ratio of 1:1. The share capital at the beginning of the year stood at ₹12,50,000. Adequate retained earnings at ₹ …

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