Equity Shares and Preference Shares
See Answer →Private Limited Company and Public Limited Company
See Answer →Business and Profession
See Answer →Discuss the various advertising media available to marketers. Evaluate their
suitability for different types of products and markets.
Discuss the functions and significance of stock exchanges in the modern
economy. How do stock exchanges facilitate capital formation?
Discuss the various methods of raising finance for business enterprises.
Explain the factors that influence the choice of financing methods.
Explain the various stages involved in business promotion. Discuss the role of
promoters in establishing a new business enterprise.
Explain the formation, characteristics, advantages, and limitations of
partnership firms. How does partnership contribute to business growth?
Define business and explain its nature, scope, objectives, and role in the
economic development of a country.
Single Entry System and Double Entry System
See Answer →Profit and Loss Account and Balance Sheet
See Answer →Ages Cycle Co., Delhi sent 100 bicycles on January 1,1987 to Murugan
Enterprises, Madras. Tile cost of each bicycle was Rs. 500 and it was invoiced at
Rs. 600. Ages Cycle Co. incurred Rs. 2,000 on freight and insurance and received
Rs. 30,000 as advance from t Murugan ‘Enterprises. Murugan Enterprises paid Rs.
1,000 as octroi and carriage, Rs. 800 as rent and Rs. 600 as insurance. By June 30,
1987 they had sold 100 bicycles for Rs. 62,500. Murugan Enterprises are entitled
to a commission @ 10% on the proforma invoice price and 20% of any surplus
realised over and above the invoice price. Murugan Enterprises remitted the
amount due from them by a bank draft.
You are required to prepare ledger accounts in the books of both parties.
Credit sales can be ascertained either by preparing the Total Debtors Account
or with the help of Memorandum Trading Account". Discuss.
Ledger is said to be the principal book of entry, and the transactions can even
be directly entered into the ledger account." Elaborate on the statement and
explain why Journal is necessary.
What are its various types of errors which are usually committed in the
process of accounting? Explain them with examples.
Why is journal sub-divided? Name the special journals generally maintained
by the business and state the type of transactions entered in each of them.
What is depreciation? Discuss its objectives and explain the various methods used
for calculating depreciation.
Ethical considerations in fieldwork
See Answer →Environment and climate change
See Answer →Examine the post-colonial situation of the native-states and tribes.
See Answer →