Jaibp summer exam
 

Accounting Paper:
1:
A machine cost 500000 and to test the machine the cost 5000 incurred to test the machine after that by testing the machine the test product produced and sold out 2000 then what is the actual cost of the machine?
2:
Authorized share capital is 100000 (100000 Shares)
issued shared capital is 85000 (1 per share )
what is the paid up capital by at 0.9?