Contribution to CPT Question

CPT 3410 views 96 replies

Difference between M1 & M3 =----------------------

ans: Treatment of Time deposits

M1= _________+demand deposits+other deposits with RBI

ans:  Currency

causes of incresae in population?

ans::  high birthrate and low death rate

Green revolutoin == 1966

Animal husbandary is a Primary sector

oligopoly market= non-collusive,regidity, price regulator, ans= all of these

under which market system MR curve equal to demand curve??

ans= perfect competition [P=MR=AR]

oligopoly demand curve=  kinked

Originally posted by : rajesh reddy v
"


Originally posted by :pradeep reddy


"
purchase of old machinery on credit by a cloth merchant is recorded in? 
journal even though subsidory books are maintained
"




 
i think its "journal proper" but in exam there is no option for journal proper,, options like these..
a) purchase book
b)sales book
c) journal
4) none of these
pls anyone submit about correct answer..
"

These type of transaction should be recorded in "JOURNAL BOOK", therefore the answer is "C"

the stock ivalued @ rs.5500. on verification it is found that stock worth rs.500 is damaged which is unfit for sale and is disposed for Rs.200. Balance stock has been sold @ 25% above cost price.  What is the GP?  (a) Rs.1250 (b) Rs.1050 (c) Rs.1000 and (d) Rs.750

The Capital at the beginning is Rs.4 lakh. Profit during the year Rs.1 lakh, what is the average capital.

 

 The sum of 1-1+1-1+1-1..... to infinity is???

 Commercial impossibility doesn't render a contact:

A. Valid

B. Void

C. Illegal

D. Voidable

Anyone with answer please??

Satvir, the answer is

"0" to Q1, and

(B) void for Q2

Originally posted by :krishnansr
"

the stock ivalued @ rs.5500. on verification it is found that stock worth rs.500 is damaged which is unfit for sale and is disposed for Rs.200. Balance stock has been sold @ 25% above cost price.  What is the GP?  (a) Rs.1250 (b) Rs.1050 (c) Rs.1000 and (d) Rs.750
The Capital at the beginning is Rs.4 lakh. Profit during the year Rs.1 lakh, what is the average capital.
 

i think ans is 1250...........

5500-500= 5000*25%

"

Q1> joint venture is ----------- a/c.....................?

ans please........

 

Q2> three partners A,B and C......... share profits in a firm 2:1:1. joint lige policy is 300000.......

surrender value is 20000..... B dies..........insurance co wil pay 300000........... how wil they distribute this.....

 

Q3>

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details