Re: (VU-Study-Corner) Re: :::|| VU Askari ||::: MGT101-Answers Required

the highlighted answer of 1  is wrong correct answer is D

On Mon, Mar 1, 2010 at 1:53 AM, umeed_e_subh <umeed.e.subh@gmail.com> wrote:

Salman brother ! Can you explain 1st and 3rd please ?

On Mon, Mar 1, 2010 at 2:43 AM, Salman Majeed <lovelyboy_sunny@hotmail.com> wrote:

 

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Date: Mon, 1 Mar 2010 02:42:25 +0500
Subject: :::|| VU Askari ||::: MGT101-Answers Required
From: umeed.e.subh@gmail.com
To: vuZs@googlegroups.com; VU-Study-Corner@googlegroups.com; vu_askari@googlegroups.com; attock-vu-group@googlegroups.com

Which of the following account will be credited when interest on capital is charged against the distribution of profit?

       ► Interest account

       ► Partner's capital account 

       ► Profit and Loss account 

       ► Profit and loss appropriation account

Bad debts written off (given in adjustment) always affect the:

       ► Debtors account

       ► Creditors account

       ► Cash account 

       ► Capital account

 Which one of the following transactions will cause the balance in Mr. Terry's Cash Book to be greater than his Bank Statement balance?

       ► A cheque is drawn but not yet presented at the bank for payment

       ► The bank has not yet notified to Mr. Terry about a dishonoured cheque

       ► A credit transfer into Terry's 

       ► A cheque payment of Rs.101 is recorded in the Cash Book as Rs.110

       ► A credit transfer into Terry's Bank Account

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Regards
Umeed
MBA 3rd Sem

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Regards
Umeed
MBA 3rd Sem

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