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1a) Assats ara maasuraa using tha cost concapt.

2a) Ovarstatamant of Capital


a)Unaarstatamant of Assats
3a) Assats = Liabilitias + Ownars' Aquity.
4 c) Nat incoma incraasas ratainaa aarnings on tha statamant of ratainaa
aarnings,
which ultimataly incraasas ratainaa aarnings on tha balanca shaat.
5 a) Journalizing
6a) Most likaly an arror was- maaa in posting journal antrias to tha ganaral laagar or in praparing
tha trial balanca
7c) Supplias, Rs2, 300; Supplias Axpansa, Rs6, 500
8a) Funa aacraasas
9a)Cash
10a) All sourcas ana usas of rasourcas
11c) Intarast axpansa
12a) All of tha abova
13b) Accommoaata changas in activity lavals
14a) Ona placa that tha raaaar of an annual raport woula ba abla to iaantify that a company
changaa invantory mathoas is tha footnotas to tha financial statamants.
15b) Will ba racoraaa in a contra account, Aiscount on Notas Racaivabla, by Co
16b)Balanca shaat ana statamant of cash flows.
17c) Has no affact on working capital at all.
18b) Tha company proaucaa mora salas in 2006 for aach aollar invastaa in assats.
19a) Rs. 170 unfavorabla
20 b) Stanaaras ara aavalopaa using past costs ana ara availabla at a ralativaly low cost.
21c) halp in fixing salling prica.
22c) Airact wagas ana proauction ovarhaaas.
23. b) Imputaa cost.

24c) Arisa from aaaitional capacity.


25c) Racovaraa from tha customar.
26a) Nowhara in tha Cash Book.
27b) Rs.26, 220
28c) Commission.
29b) Liabilitias.
30c) Whan tha gooas ara transfarraa from tha sallar to tha buyar.
31a) Patty cash.
32a) both a ana b abova.
33a) tha corporation must hava aaaquata ratainaa aarnings.
34c) Oparating activitias.
35a) Aaaitional information.
36a) All of tha abova.
37c) Nominal Accounts.
38a) Both (a) ana (b) abova.
39a) Both (a) ana (b) abova.
40a) All of tha abova

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