MGT101

MID- TERM Examination MGT-101 Financial Accounting Current Paper dated 26-11-2011 Time 8.00 am in North Nazimabad Campus Karachi Time :: 60 min                                                                                     Total Marks 40 Qno.1 Why we use financial accounting Business need Accounting need Financial need Managerial need   Qno.2 Which of the following shows a debit balance under normal circumstances? Asset Capital Liability Profit   Qno.3 Normally the …

SEMESTER SPRING 2013   FINANCIAL ACCOUNTING (MGT101)   ASSIGNMENT NO. 01   DUE DATE: 2nd May 2013   MARKS: 20   TOPIC TO BE TESTED:   •  Application of “Rules of debit and credit”   LEARNING OBJECTIVES:   •  To develop an understanding for applying the rules of debit and credit ASSIGNMENT QUESTION   On 1st March 2013, Mr. Adnan …

Which of the following shows summary of a company’s financial position at a specific date? Profit & Loss Account Cash Flow Statement Balance Sheet Income & Expenditure Account Which of the following item will appear on the Balance Sheet as current assets? Prepaid expenses Accrued expenses Furniture and Equipment Unearned revenue   which of the following entities is not profit …

Question Wages outstanding given in the trial balance will be treated as a (an): ► Asset ► Liability ► Revenue ► Deferred expense Question Prepaid interest given in the Trial Balance will be treated as a (an): ► Asset ► Liability ► Revenue ► Deferred expense Question No: 3 ( Marks: 1 ) – Please choose one Question If company …

VUassignments.com is providing the better Help for the Mid Term and Final Term Papers by providing you a mega collection of MGT101 MCQs try to solve these Quizs or MCQs and for better preparation of your Exams.. Lecture 1 In accounting or business terms, any dealing between two persons involving money or a valuable Barganing Transaction Exchange Barter Question What …

VUAssignments.com Upload the mega collections of unsolved MCQ of MGT101 (Financial Accounting I) try to solved the given MCQs yourself for the better preparation of upcoming Mid Term Examinations. You can also share your Recent MCQs and Papers of Mid Term or Final Term Here. Question Cost of asset Rs. 1,00,000 Life of asset 5 years Depreciation for each year …