New qusation cpt exam june-2010

Hello,

      There are some new qusation of cpt exam june-2010  please given answer of these qusations.

      1) The provisions for bad debts is made by creating--------------

              A) p&l Alc  B) Provisions for bad debts Alc    C) Trading Alc   D) Debtors Alc

     2)  Revenue reserve are created out of--------------

            A) Capital profit  B) Revenue profit  C) Retain profit   D) None of these

   3) If the opening stock is overstated by Rs- 10,000  and closing stock is understated by  Rs-15,000 then effect on profit will be ?

            A) Understated by Rs- 5,000  B) Overstated By Rs- 25000 C)Understated by Rs-25000  D) Overstated By Rs-5,000

   4) The law of equi-marginakl utility also known as -----------

             A) Diminising  marginal utility  B) Law of proportions  C) Law of consumer surplus     D)Law of incresing return

     5)  Ogive curve measere -------------

             A) Median  B) Quartiles  C) Both  D) None of these

    6)  The profit of the partnership firm before charging managerial commission is Rs-44,000 the managerial commission is charged @ 10% on profit after charged such commission the amount of managerial commission will be ?

           A) Rs- 4,000  B) Rs-40,000   C) Rs- 4,400   D) Rs-39600

  

Replies (1)

1. Question no 1 is by "Crediting" not Creating - The answer is Provision for Doubtful Debts.

2. Revenue Profits

3. Undersated by Rs. 25,000

6. Rs. 4,000 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details