Management Aptitude Test 15 October

ACCOUNTING FOR BUSINESS AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

ACCOUNTING FOR BUSINESS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk , www.afterschoool.tk

Is it necessary to show the value of fixed assets in the beginning and at the end of the year with all additions? ,[object Object]

At what exchange rate will you show your fixed assets abroad? ,[object Object]

At what exchange rate will you show your Monetary assets abroad? ,[object Object]

How can you value your inventories? ,[object Object],[object Object]

A,B,C are partners, B retires. How much goodwill will B get if on the date of retirement, the goodwill was valued at Rs. 30000.? ,[object Object]

If our company does not receive minimum subscription, that what is the period within which we can refund the money? ,[object Object],[object Object]

What is the minimum number of shares that a person can apply? ,[object Object]

What is the minimum application form fees on the issue? ,[object Object]

What is the minimum period between 2 calls? ,[object Object]

If issue size is Rs. 200 crores, what is the maximum period in which shares can be made fully paid? ,[object Object]

If the company delays in refunding the amount to the applicants (if shares are not alloted to them), what is the interest that it has to pay? ,[object Object]

Is it necessary to disclose minimum subscription? ,[object Object]

Is the condition of minimum subscription also applicable on rights issue? ,[object Object]

Is the condition of minimum subscription also applicable on offer of sale of securities? ,[object Object]

We have made a 1 st call on 10000 shares for Rs. 20 each. All but owners of 100 shares didn’t make the payment. What is our closing balance in first call account? ,[object Object]

What type of resolution is required for issue of shares on discount? ,[object Object]

Can a company issue shares on discount before 1 year from commencement of year? ,[object Object]

We have issued 1000 shares at Rs. 90 (discount of Rs. 10). What is the balance in our share capital account? ,[object Object]

For which purpose we cannot use share premium? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What are the interest rates on call in arrears and call in advance as per Table A? ,[object Object]

We have 100 shares on which face value is 100, called up money is 50 paid up money is 25 (Rs. 25 on first call is due). They are forfeited. Which account will be debited and which account credited for how much amount? ,[object Object],[object Object],[object Object]

We are forfeiting 100 shares on which we have received Rs. 10 as premium. Now what will be the entry in premium account ,[object Object]

We are forfeiting 100 shares on which we have given a discount of Rs. 10. Now what will be the entry in discount account ,[object Object]

What can be the maximum loss on reissue of forfeited shares? ,[object Object]

We has a loss on forfeited shares of Rs. 10 per share, forfeited amount is Rs. 30 per shares on 100 shares. What should we do now? ,[object Object]

Where should we show forfeited amount in balance sheet? ,[object Object]

If the shares are re-issued at premium, where should premium go? ,[object Object]

If we reissue shares at a loss, where should loss go? ,[object Object]

ABOUT AFTERSCHO☺OL ,[object Object]

Why such a programme? ,[object Object],[object Object],[object Object],[object Object]

Who are our supporters? ,[object Object],[object Object]

About AFTERSCHO☺OL PGPSE – the best programme for developing great entrepreneurs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Workshops from AFTERSCHO☺OL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Flexible Specialisations: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Salient features: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Components ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Pedagogy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Basic values at AFTERSCHO☺OL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

www.afterschoool.tk social entrepreneurship for better society

Management Aptitude Test 15 October

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Management Aptitude Test 15 October