Question
Assignment due tomrrow, kindly help! (i) Eureka Ltd. has both European call and put options traded on NSE. The two decisions have an end date
Assignment due tomrrow, kindly help!
(i)
Eureka Ltd. has both European call and put options traded on NSE.
The two decisions have an end date a half year and exercise cost of $ 30.
The call and put are at present selling for $ 10 and $ 4 independently.
If the peril free speed of income is 6% p.a.
What may be the stock expense of Eureka Ltd? [Given PVIF (6%, 0.5 Years = 0.9709]
A. $ 35.13
B. $ 40.87
C. $ 45.50
D. Extraordinary information
(ii) From the books of Mr. Thomas , it was seen that checks adding up to 240,000 were taken care of in the bank,
out of which checks worth 20,000 were insulted and checks worth 40,000 are now during the time spent assortment.
The treatment of this while masterminding Bank Reconciliation Statement is
(a) Deduct ' 60,000 from bank balance as demonstrated by pass book
(b) Add ' 20,000 and deduct ' 40,000 from overdraft balance as demonstrated with cash book
(c) Deduct ' 60,000 from overdraft balance as demonstrated by pass book
(d) Add ' 60,000 from overdraft balance as shown by pass book
(iii) The most vital complete past which an affiliation isn't permitted to raise assets, by issue of offer is
(a) Issued Capital
(b) Reserve Capital
(c) Subscribed Capital
(d) Authorised Capital
(iv) Accounts regulating exchange identifying with people or an association is called
(a) Personal Account
(b) Nominal Account
(c) Real Account
(d) Representative Personal Account
(v) An record is said to have a charge balance if
(a) The extent of the charges beats the extent of the credits
(b) There are a more vital number of segments on the charge side than on the credit side
(c) Its ordinary amicability is charge paying little psyche to the totals or number of areas on the charge side
d) The last portion of the bookkeeping interval of time was posted on the charge side
(vi) Residual worth is the
(a) value of the resource when it is bought
(b) value of the resource toward the finish of its steady life
(c) cost of the resource
(d) allocation of the expense
(vii) Which of these A/c appearance up in Trial Balance isn't moved to Income Statement
(a) Salary A/c
(b) Purchase A/c
(c) Accumulated Depreciation A/c
(d) Bad Debts A/c
(viii) A Customer returning the item bought using a development, may incite the merchant by sending
(a) Debit Note
(b) Credit Note
(c) Court Notice
(d) Return Invoice
(ix) Credit equilibrium in which of these A/c show goof in the A/c
(a) Cash in Hand A/c
(b) Sales A/c
(c) Capital A/c
(d) Bank A/c
(x) The report posting the most recent changes of the overall enormous number of records in the record on a given date is known as
(a) Trial Balance
(b) Positional Statement
(c) Income Statement
(d) Charter of Accounts
(xi) The document posting the most recent changes of all Real and Personal A/c in the record on a given date is known as
(a) Trial Balance
(b) Positional Statement
(c) Income Statement
(d) Charter of Accounts
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started