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Old Monday, June 06, 2016
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Batch 3 some questions

1. Custom duty on imports the option was advulrm
2. How many sections are in AAS1
9,7,8,14
3. ....... English literature is my favorite subject.
4. I .... ....... studying in this university. Am, have been, is
5. Main objective/purpose of depreciation?
6. Mark up is good for ? bank, owner, debtor's, creditor's
7. Opening stock 42850 purchase 137190 carriage inward 1500 closing stock 51060 cost of goods sold?
8. A question was about consignment a/c
9. Share premium a/c is used to
10. Statement to prepare first I chose income
11. Auditor can visit any branch of a company under section 228 (4) 228 (3) 228 (2)
12. One question regarding owners equity to find and that was 17195 I chose
13. Rebate on bill of exchange is a ? Liability, income, exp.
14. One question repeated from batch 1 regarding issue of prospectus.
15. Subscribers of company will be permanent member or shareholders
16. On pattern of batch1 GATT term today was 'SWOT' which I made a gues only.
17. Statutory auditor of a limited company is appointed by
Shareholders, board, a.g.m

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