Share your(questions) doubts - CPT exam

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WHICH IS VALID ? 

(a)  stranger to consideration

(b)  stranger to contract

(c)  both

(d)  all of above

option A  stranger to consideration

there was a qestion in accounts asking a journal entry..

 

answer was ------>  salary.....dr

                                              to o/s salary

in a perfect competitive market, there are more substitites in the market ?

In perfect market, there are homogenious product, so there will be presence of substitutes.

thanks, mine is correct....

what is the answer for the salary one ?

there was a qestion in accounts asking a journal entry..  

answer was ------>  salary.....dr          

                                    to o/s salary

 

Originally posted by : Gaurav Mohnani

there was a qestion in accounts asking a journal entry..  

answer was ------>  salary.....dr          

                                    to o/s salary

 

pls post quest

i dont remember d quest exactly....it was d last question & it was lyk 'A company paid salary to mr.B on 23rd March, but mr.B sent the cheque on 3rd june'....

 

(a) no entry

(b) bank to salary

(c) salary to o/s salary

(d) bank to b

 

A process of identifying the goods and selecting as pre-intended quality is called
(a) Ascertainment (b) Approval (c) Atpropriation (d) Assent
 
Originally posted by : Gaurav Mohnani

i dont remember d quest exactly....it was d last question & it was lyk 'A company paid salary to mr.B on 23rd March, but mr.B sent the cheque on 3rd june'....

 

(a) no entry

(b) bank to salary

(c) salary to o/s salary

(d) bank to b

(a) no entry

 

Originally posted by : PARUL

 

A process of identifying the goods and selecting as pre-intended quality is called

(a) Ascertainment (b) Approval (c) Atpropriation (d) Assent

 

(a) Ascertainment

 

 

act of a partner for acquiring an immovable property on behalf of firm is within provisions of ——
—— authority under the Indian Partnership Act, 1932
(a) Implied (b) Semi-implied (c) Restricted (d) Expess
 

 

hii frnds keep update ur doubts...........and questions 

regards

harish raghav.....

why no entry dude ??

 

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