34.

30

36.

37.

38.

39.

40.

41.

42.

Manufacturing Account is prepared ‏انه ود ما‎
(^) Caost of goods sold (B) Cost of good produced
(രല) Net profit (12) Work in progress

The amount paid to an author for the use of copy right is called

(^) Minimum rent (B) Commission (ಬ) Patent (12) Royalty

refer to the amount spent on fuel, coal, diesel and freshwater used for the purpose
of voyage.
(^) Port charges (8) Bunker cost (C) Primage (D) Passage money

Where the loss of an assel has been identified by the bank, but the amount has not been
written off wholly or partly is known as

(A) Bad - debis (8) Sub standard assets

(C) Loss asset (D) Doubtful assets

Under inflationary condition method will show highest value of closing stack.
(A) LIFO (8) ना

(C) Average price (D) None of these

Anil drew a bill on Binil for Rs. 30,000 for three months. Proceeds are to be shared equally.
A got the bill discounted @ 12% per annum and remits the required proceeds to ‘B’. The
amount of such remittance will be .

(A)Rs.i5,0[)0 (B)Rs.14,5{]0 (c)[-:-.-.u,ssn (D}RS,M,G:CI"

During the year 2013 a business concern earned a net profit of Rs. 42,000. The manager is
entitled to a commission of 5% of the net profit. Find the amount of the commission so
charged.

(^) Rs. 2,000 (8) 8 0 (८) 1२5. 2,200 (೧) Rs. 2,010

Valuation and presentation of inventories is :
(^) 1^5 5 18) 1454 (€) 1AST (12) 1452

Accounting principles are 08561 00 _ ‏.ح.‎
‎(வ) Objectivity (8) Convenience (0) Practicability (D) Subjectivity

7 106/2014
(೫.1.0.]