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0.1. Arrange the steps of accounting process incorrect sequence : (0) Recording (1) Communicating (1) Identifying (iv) Measuring (a) (W) 0% (iv) (b) 0) (0)

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0.1. Arrange the steps of accounting process incorrect sequence : (0) Recording (1) Communicating (1) Identifying (iv) Measuring (a) (W) 0% (iv) (b) 0) (0) () (0) 0 (0) 0 (d) (H) 00 (MO Q.2. Vikrant purchased a machine on 1st April 2011 for 5,00,000 Depreciation at the rate of 20% was charged on machine for two years. From 1st April 2013 the rate of depreciation was reduced to 10%. No mention of this change was made in the financial statements. Mention the accounting principle which has been violated. (a) Cost (b) Money measurement (c) Going concern (d) Consistency 3. Which of following statement is not true about GST? (a) GST has abolished all the indirect taxes levied in India, (b) GST rates are uniform across all states in India (c) GST is a destination based tax (d) Burden of GST is to be borne by the final consumers. 2.4. Identify the capability of a computer: (a) High speed (b) Accurate (c) Versatile (d) All the above 0.5. Identify the item which is not a component of hardware : (a) Keyboard (b) CPU (c) Programme (d) Magnetic Recorder 2.6. Nitin gives you following information, you are requested to calculate the value of profit earned during the period rs Capital in the beginning 60,000 Capital at the end 90,000 Drawings 5,000 Capital introduced during the period 10,000 (a) 30,000 (b) 40,000 (c) 25,000 (d) 20,000 0.7. Closing stock when given outside the Trial Balance is shown in (a) Trading A/C (b) Trading Nc and Balance Sheet (c) Profit & Loss A/c and Balance Sheet (d) Profit & Loss A/C

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