Question

The opening balance of prize fund was Rs 32,800 During the year donation received
Prize fund was Rs 15,400, amount spent on prizes was Rs 12,300 and interest recen
Prize fund investment was Rs 4000. The closing balance of prize fund will be
(a) Rs 56 500
(b) Rs 64,500
(c) Rs 39.900
(d) Rs 31.900
10 600 shares of Rs 10 each were forfeited for nonpayment of Rs 2 per share on first call
And Rs 5 per share on final call. Share forfeiture account will be credited with
(a) Rs 1.200 (b) Rs 1 800 (c) Rs 3,000 (d) Rs 4.200
Q11 On equity share of Rs 10 the company has called up Rs 8 but Rs 6 have been receive
By the company is forfeited the capital account should be debited by
(a) Rs 10 (b) Rs 8 (C) RS 6 (d) Rs 2
Q12. If a fixed amount is withdrawn by the partner on the last day of each quarter, interest on
Total amount is charged for
months
(a) 6
(b) 3
(c) 45
(d) 9
Q13 Afirms eam 110 000 The nommal rate of return is 10% The asset were Rs 11 00 000
And the liabilities were Rs 100 000 Goodwill of the firm by capitalization of Average​

Answer 1

Answer:

very long Question please post the question one by one