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CA & CMA - Test paper

CS 2756 views 6 replies

can anyone gimme ans. of these Qs or just tell me the page no. where to find out.

Q.1 state with reason, whether the following statements are true or false-

A. service costing is used in industries producing goods.

B. Rent on own building is not included in cost accounts.

-- - from test paper3/2008 of company a/s and cost and mgmt accounting.

 

Q.2what entries will be passed after achieved the traget of buy-back. if company issued one fully paid up equity share of rs. 10 by way of bonus share for every four equity shares held by the equity shareholder. before buy-back shares total equity share were 240 lakhs and after 25% buy back 180 lakhs shares will be remaind with the share holders. give the journel entries for bonus shares issued.

- from test paper3/2008 of company a/s and cost and mgmt accounting.

thanks

 

Replies (6)

Ans 1)b) rent on own building is not included in cost accounting, only you charged depreciation on it and that depreciation is included in cost accounting.

ans 1)a) false ,service costing is used only by service provider not for goods.

Please tell me about cma course & where i will get part1 & part 2 books of CMA in Hyderabad.

Thank You

plz answer this...., powers of court to grant temporary injunction

Solution of Q-2 1) Bank A/c.............Dr 150 To Investment A/c 148 To Profit on sale of investment A/c 2 2) Bank A/c:....................Dr 200 To Pref Sh Cap A/c 200 3) Eq sh cap A/c............Dr 600 Prem on BB A/c........Dr 300 To Bank A/c 900 4) Sec Prem A/c.............Dr 300 To POBB A/c 300 5) GR A/c.........Dr 400 To CRR A/c 400 6) GR A/c.........Dr 50 CRR A/c......Dr 400 To Bonus to Eq sh holders A/c 450 7) Bonus to ESH A/c......Dr 450 To ES Capital A/c 450

please provide your email id for solution of all test papers  of CS executive .

 

please provide solution of  test papers  of CS executive only for module one two paper s accounts & Tax law .


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