Question
What is keyboard?
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Answer
Keyboard: It is an input device that is used for input of text or numbers into the computer in the CUI (Character User Interface). Keys placed on the Keyboard are in a special sequence, according to the make up and strength of the human hand. The standard arrangement of alphabetic keys is known as Qwerty Keyboard, its name derived from the arrangement of five keys at the upper left of the three rows of the alphabetic keys.
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Similar questions
Rearrange the following assets in order of liquidity:-
- Debtors
- Bills Receivable
- Goodwill
- Closing Stock
- Prepaid insurance
- Cash in hand
- Short-term Investments
- Loose Tools
- Cash at bank
- Plant
Calculate Closing Stock from the following:
Calculate Stock in the beginning:
→| ₹ | |
| Sales | 80,000 |
| Purchases | 60,000 |
| Stock at the end | 8,000 |
| Loss on Cost | $\frac{1}{6}$ |
Prepare the bills payable account from the following and find out missing figure if any:
| ₹ | |
| Bills accepted, | 1,05,000 |
| Discount received, | 17,000 |
| Purchases returns, | 9,000 |
| Return inwards, | 12,000 |
| Cash paid to accounts payable, | 50,000 |
| Bills receivable endorsed to creditor, | 45,000 |
| Bills dishonoured, | 17,000 |
| Bad debts, | 14,000 |
| Balance of accounts payable (closing), | 85,000 |
| Credit purchases, | 2,15,000 |
Bank overdraft is a Liability while bank balance is an Asset. Do you agree?
Explain the Current Assets and Non-Current Assets.
Arrange assets in the order of permanence:
Sundry Debtors, Stock, Investment, Land and Building, Cash in Hand, Motor Vehicle, Cash at Bank, Goodwill, Plant and Machinery, Furniture, Loose Tools, Marketable Securities.
Sundry Debtors, Stock, Investment, Land and Building, Cash in Hand, Motor Vehicle, Cash at Bank, Goodwill, Plant and Machinery, Furniture, Loose Tools, Marketable Securities.
A Company purchased a Machine on 1-4-2008 at a cost of ₹ 3,10,000, estimated residual value ₹ 10,000 with a useful life of 15 years. Depreciation is charged under straight line method till 31-3-2018. After 10 years, an expert recommended that the asset to be used for 10 more years. What is the depreciation for the year 2018-19 under straight line method assuming residual value to remain same?
Show the treatment of the following in final accounts when given inside the Trial Balance:
- Provision for discount on debtors.
- Closing stock.
- Commission Received in Advance.
Ascertain Gross Profit from the following information :
| (₹) | |
| Opening Stock | 3,00,000 |
| Closing Stock | 2,80,000 |
| Purchases | 8,50,000 |
| Carriage on Purchases | 23,000 |
| Carriage on Sales | 30,000 |
| Office Rent | 58,000 |
| Sales | 14,07,000 |