UPSC EPFO APFC(ACCOUNTS)

INTRODUCTION OF
ACCOUNTING
 INTRODUCTION OF GENERAL ACCOUNTING
PRINCIPLE(BASIC PROFILE OF ACCOUNTS)
❖ACCOUNT :- AN ACCOUNT MEANS ANY REGISTER, COPY, DIARY, PASS BOOK, NOTE
BOOK.
❖ACCOUNTING :- AN ACCOUNTING IS A PROCESS BY WHICH ANY BUSINESS
MAN/ACCOUNTANT RECORD ALL TYPE OF FINANCIAL/BUSINESS TRANSACTION IN
THE BOOKS OF ACCOUNTS/REGISTER.
❖ACCOUNTANT :- A PERSON WHO MAINTAIN THE BOOKS OF ACCOUNTS OF ANY
COMPANY OR ANY BUSINESS.
❖ACCOUNTING PRINCIPLE : PRINCIPLE MEANS A RULES & REGULATION BY WHICH
ANY ACCOUNTANT OR BUSINESS MAN RECORD ALL FINANCIAL TRANSACTION OF
THE BUSINESS IN THEIR BOOKS OF ACCOUNT/REGISTER.
 AS PER SCHEDULE YOUR SYLLABUS
❖ INTRODUCTION OF ACCOUNTING & BASIC TERMINOLOGY OF ACCOUNTING

❖ ACCOUNTING PRINCIPLE & ASSUMPTION.

❖ ACCOUNTING STANDARD

❖ SINGLE ENTRY & DOUBLE ENTRY SYSTEM.

❖ JOURNAL

❖ LEDGER

❖ SUBSIDIARY BOOK

❖ CASH ACCOUNT/BANK ACCOUNT

❖ BANK RECONCILIATION STATEMENT

❖ TRIAL BALANCE

❖ CAPITAL & REVENUE TRANSACTION

❖ DEPRECIATION

❖ FINANCIAL STATEMENT(TRADING, P/L ACCOUNT & BALANCE SHEET)

❖ CONSIGNMENT ACCOUNT

❖ PARTNERSHIP ACCOUNT & BRANCH ACCOUNT

❖ COMPANIES ACT

❖ FINANCIAL RATIO/RATIO ANALYSIS

❖ PREVIOUS YEAR QUESTION

 INTRODUCTION OF ACCOUNTING.

▪ ACCOUNTING :- ACCOUNTING IS THE PROCESS BY WHICH WE RECORD ALL

THE FINANANCIAL TRANSACTION OF THE BUSINESS AS PER ACCOUNTING
RULE.

OR
IN TECHNICAL TERM ACCOUNTING IS THE PROCESS OF RECORDING,
CLASSIFICATION, SUMMARIZING THE FINANCIAL TRANSACTION OF THE
BUSINESS/COMPANY.
❖ A PERSON WHO MAINTAIN OR
RECORD ALL FINANCIAL
TRANSACTION OF THE BUSINESS IS
CALLED ACCOUNTANT.
PROCESS OF ACCOUNTING
IDENTIFICATION OF BUSINESS TRANSACTION

MEASUREMENT IN TERMS OF MONEY

RECORDING TRANSACTION IN BUSINESS BOOKS(JOURNAL)

CLASSIFICATION(LEDGER)

SUMMARIZING

ANALYSIS(TO DETERMINE PROFIT & LOSS)

COMMUNICATING TO USERS
 TYPE OF ACCOUNTING
1) FINANCIAL ACCOUNTING :- TO FIND OUT THE PROFIT/LOSS OF THE
BUSINESS

2) COST ACCOUNTING :- TO FIND OUT THE COST OF THE PRODUCT.

3) MANAGEMENT ACCOUNTING :- TO HELP IN DECISION MAKING.

 TYPE OF USERS
• INTERNAL USERS :- OWNER, MANAGEMENT, EMPLOYEES

• EXTERNAL USERS :- BANKS, GOVT, CREDITORS, LENDERS, INVESTORS.

 OBJECTIVE OF ACCOUNTING

❑ TO KEEP SYSTEMATIC RECORD.

❑ TO CALCULATE PROFIT & LOSS.
❑ TO KNOW FINANCIAL POSITION
❑ TO PROVIDE INFORMATION TO USERS.
❑ TO HELP THE MANAGEMENT.
ACCOUNTING CYCLE
WELCOME TO FCI ASSISTANT GRADE
3(ACCOUNTS)
ACCOUNTING TERMINOLOGY(CONCEPT & MCQ)
 BASIC TERMINOLOGY OF ACCOUNTING
1) CAPITAL/NET WORTH/OWNER EQUITY :- IT REFERS TO THE AMOUNT
INVESTED BY THE PROPRIETORS IN A BUSINESS ENTERPRISE AS FORM OF
CASH, GOODS, OTHER ASSETS.

2) DRAWINGS :- ANY CASH OR VALUE OF GOODS WITHDRAW BY THE

OWNER FOR PERSONAL USE.
• IT REDUCE THE CAPITAL OF THE
BUSINESS.
• LIABILITIES :- BURDEN ON BUSINESS. IT REFERS TO THE AMOUNT WHICH
THE FIRM OWES TO OUTSIDERS.
• EXAMPLE :- REPAYMENT OF LOAN, PAYMENT TO CREDITORS.

▪ TWO TYPE OF LIABILITY :-

1. CURRENT LIABILITY :- C.L REFERS TO THOSE LIABILITY WHICH ARE TO BE
PAID IN NEAR FUTURE(FORMALLY WITHIN ONE YEAR). EXAMPLE :- SHORT
TERM LOAN, CREDITORS, OUTSTANDING EXP, BANK OVERDRAFT, BILLS
PAYABLE.
2. NON CURRENT LIABILITY :- THESE REFERS TO THOSE LIABILITY WHICH FALL
DUE FOR PAYMENT IN A RELATIVELY LONG PERIOD(NORMALLY AFTER ONE
YEAR). EXAMPLE :- LONG TERM LOANS, DEBENTURE.
❖ASSETS :- IT REFERS TO ECONOMIC RESOURCES OF THE BUSINESS. IT HELPS
BUSINESS TO EARN MONEY.
EXAMPLE : LAND, BUILDING, MACHINERY, FURNITURE, GOODS, TECHNOLOGY, CASH,INFRA.

▪ TWO TYPE OF ASSETS :-

1) CURRENT ASSETS :- CURRENT ASSETS ARE THOSE ASSETS WHICH CONVERT INTO CASH
WITHIN ONE YEAR. EXAMPLE :- CASH, GOODS, DEBTORS, PREPAID EXPENSES, BILLS
RECEIVABLE, BANK, ACCRUED INCOME
2) NON CURRENT ASSETS/FIXED ASSETS :-IT REFERS TO THOSE ASSETS WHICH IS USE FOR
LONG TERM USE & GET BENEFIT. EXAMPLE :- FURNITURE, LAND & BUILDING, MOTOR VEHICLE,
PATENTS & TRADE MARK, GOODWILL, MACHINERY ETC.
• TWO TYPE OF FIXED ASSETS :-
1) TANGIBLE :- CAN BE TOUCH, FEEL & SEEN. EXAMPLE :-
LAND, BUILDING, MACHINERY, ETC
2) INTANGIBLE :- GOODWILL, SOFTWARE, PATENTS.
•SPECIAL TYPE OF ASSETS :-
❖FICTITIOUS ASSETS/NOMINAL ASSETS
OR DEFERRED REVENUE EXPENDITURE.
✓CREDITORS & DEBTORS
➢ CREDITORS :- THOSE PERSON OR BUSINESS MAN FROM WHOM GOODS HAVE
BEEN PURCHASED OR SERVICE PROCURED ON CREDIT & PAYMENT HAS NOT BEEN
MADE TO THEM. EXAMPLE. MACHINERY PURCHASE FROM OF ₹10000. HERE RAM
IS A CREDITOR OF BUSINESS.

➢ DEBTORS :- THOSE PERSON OR FIRM TO WHOM GOODS HAVE BEEN SOLD OR

SERVICE RENDERED ON CREDIT & PAYMENT HAS NOT BEEN RECEIVED FROM
THEM. EXAMPLE :- MACHINERY SOLD TO RAM ON CREDIT OF ₹10000.
RECEIPTS :- ANY AMOUNT RECEIVED OR RECEIVABLE FOR SELLING
ANY ASSETS OR GOODS

• ASSETS :- GOODS & FIXED ASSETS

• GOODS :- GOODS INCLUDES ALL THOSE THINGS WHICH ARE PURCHASED FOR RE-SALE BY
THE BUSINESS MAN. IT IS A CURRENT ASSETS OF THE BUSINESS. WHEN WE SALE GOODS THE
AMOUNT WILL BE COLLECTED AND TREATED AS REVENUE RECEIPT.
• FOR MOBILE DEALER MOBILE IS GOODS FOR THAT.
• FOR MEDICINE DEALERS MEDICINE IS GOODS FOR THAT.

• FIXED ASSETS :- IT INCLUDES THOSE THINGS WHICH ARE PURCHASE FOR NOT RE-SELLING
PURPOSE BUT THESE ASSETS USE FOR LONG TERM USE. IT IS THE BASIC INFRASTRUCTURE OF
THE BUSINESS BY WHICH THE BUSINESS EARN PROFIT. WHEN WE SALE ANY FIXED ASSETS THE
AMOUNT WHICH RECEIVED IS TREATED AS CAPITAL RECEIPT.
EXPENDITURE :-AN EXPENDITURE REPRESENTS A PAYMENT WITH EITHER
CASH OR CREDIT TO PURCHASE GOODS OR SERVICES.
• THERE ARE THREE TYPE OF EXPENDITURE :-
• CAPITAL EXPENDITURE & REVENUE EXPENDITURE

• CAPITAL EXPENDITURE :- ANY EXPENDITURE WHICH IS INCURRED IN

ACQUIRING OR INCREASING THE VALUE OF A FIXED ASSETS IS CALLED CAPITAL
EXPENDITURE. EXAMPLE :- FURNITURE PURCHASE, MACHINERY PURCHASE OF
LAND, BUILDING, FURNITURE, MACHINERY ETC.
• REVENUE EXPENDITURE :- ANY EXPENDITURE THE FULL BENEFIT OF WHICH IS
RECEIVED DURING ONE ACCOUNTING PERIOD IS CALLED REVENUE
EXPENDITURE. EXAMPLE :- COST OF GOODS SOLD(PURCHASE), SALARIES, RENT,
ELECTRICITY CHARGES ETC.
• DEFERRED REVENUE EXPENDITURE /FICTITIOUS ASSETS:-THERE ARE CERTAIN
EXPENDITURE WHICH ARE REVENUE BUT THE BENEFITS OF WHICH IS LIKELY TO
BE DERIVED OVER A NUMBER OF YEARS.
 WHAT IS
CHARGED
EXPENDITURE
 DIFFERENT BETWEEN PROFIT/INCOME &
GAIN
• INCOME/PROFIT :- AMOUNT RECEIVED FROM SALE OF GOODS IS CALLED REVENUE &
THE COST OF GOODS SOLD IS CALLED EXPENSES.
• FORMULA OF DETERMINE INCOME :- REVENUE – EXPENSES

• GAIN :- WHEN ANY FIXED ASSETS SALE MORE THAN ITS COST PRICE IS CALLED GAIN.
EXAMPLE :- IF A BUILDING COSTING 10 LAKH IS SOLD FOR 12 LAKH; 2 LAKH WILL BE
THE GAIN ON SALE OF BUILDING.
 DIFFERENT BETWEEN PREPAID EXPENSES &
OUTSTANDING EXPENSES.

• PREPAID EXPENSES :- PREPAID EXPENSES ARE FUTURE EXPENSES THAT ARE PAID IN
ADVANCE & HENCE RECOGNIZED INITIALLY AS AN ASSETS. EXAMPLE :- PREPAID
RECHARGE, PREPAID RENT

• OUTSTANDING EXPENSES :- ANY EXPENSES WHICH IS

DUE ON THE BUSINESS. EXAMPLE :- OUTSTANDING
SALARY, OUTSTANDING RENT, ETC
 DISCOUNT & TYPE OF DISCOUNT
❖DISCOUNT :- IT IS A REBATE WHICH IS GIVEN BY THE SELLER TO THE BUYER.

❑TYPE OF DISCOUNT :-
1) TRADE DISCOUNT :- WHEN DISCOUNT IS ALLOWED BY A SELLER TO ITS
CUSTOMERS AT A FIXED PERCENTAGE, ON THE LIST OR CATALOGUE PRICE
OF THE GOODS IS CALLED TRADE DISCOUNT.
2) CASH DISCOUNT :-WHEN DISCOUNT IS ALLOWED BY A SELLER TO ITS
CUSTOMERS AT FOR MAKING PROMPT PAYMENT IS CALLED CASH
DISCOUNT.
(NOTE :- TRADE DISCOUNT IS NOT RECORDED IN THE BOOKS OF ACCOUNT BUT
CASH DISCOUNT IS RECORD IN THE BOOKS OF ACCOUNTS.)
 ❖VOUCHER :- A VOUCHER IS A DOCUMENT
WHICH PROVIDES THE AUTHORIZATION TO PAY
& ON THE BASIS OF WHICH THE BUSINESS ARE
RECORDED IN THE BOOKS OF ACCOUNT.
PAYMENT VOUCHER
• TURNOVER :- TURNOVER MEANS TOTAL SALES MADE IN A PARTICULAR PERIOD.
• LIVE STOCK :- DOMESTIC ANIMALS, SUCH AS CATTLE, OR HORSES ARE KNOWN
AS LIVE STOCK.

• THE END BASIC TERMINOLOGY

40. Choose the best Alternate
1. In a business 'Purchases' refers to the :
(A) Purchase of an article to be used in office.
(B) Purchase of goods for resale.
(C) Purchase of an assets to be used in factory.
(D) All of the above.
सबसे अच्छा विकल्प चुनें
1. एक व्यिसाय में 'क्रय' का अर्थ है :
(ए) कायाथलय में उपयोग की जाने िाली िस्तु की खरीद।
(बी) पुनविथक्रय के वलए माल की खरीद।
(सी) कारखाने में उपयोग की जाने िाली संपवि की खरीद।
(D। उपरोक्त सभी।
41. Amount received or receivable against
sale of goods is :
(A) Revenue Receipt
(B) Capital Receipt
(C) Sometimes revenue receipt and
sometimes capital receipts
(D) Capital Reserve
माल की वबक्री के बदले प्राप्त या प्राप्य राव है :
(ए) राजस्व रसीद
(बी) पंजी रसीद
(सी) कभी राजस्व प्राप्तप्त और कभी पंजी प्राप्तप्तयां
(डी) कैवपटल ररजिथ
42. The term fixed assets include:
(A) Closing Stock
(B) Bills Receivable
(C) Debtors
(D) Furniture
अचल सं पवियों की अिवि में ावमल हैं :
(ए) क्लोवजं ग स्टॉक
(बी) प्राप्य वबल
(सी) दे नदार
(डी) फनीचर
43. The term current assets include:
(A) Debtors
(B) Motor Vehicle
(C) Machinery
(D) Building
िर्थमान सं पवि ब्द में ावमल हैं :
(ए) दे नदार
(बी) मोटर िाहन
(सी) म ीनरी
(डी) वबप्तडं ग
44. Current assets do not include:
(A) Stock
(B) Short term investment
(C) Prepaid expenses
(D) Unearned income
िर्थमान सं पवि में ावमल नही ं है :
(ए) स्टॉक
(बी) अल्पकावलक वनिे
(सी) प्रीपेड खचथ
(डी) अनवजथ र् आय
45. Tangible Asset is:
(A) Goodwill
(B) Stock
(C) Patents
(D) Prepaid Expenses
मर्थ सं पवि है :
(ए) सद्भािना
(बी) स्टॉक
(सी) पेटेंट
(डी) प्रीपेड खचथ
46. Intangible Asset is :
(A) Cash
(B) Stock
(0) Goodwill
(D) Land
अमर्थ सं पवि है :
(ए) नकद
(बी) स्टॉक
(0) सद्भािना
(डी) भवम
47. Wasting Asset is :
A) Machinery
B) Oil Wells
C) Computer
D) All of the above
व्यर्थ सं पवि है :
ए) म ीनरी
बी) र्ेल कुएं
सी) कंप्य टर
(डी) उपरोक्त सभी
48. Fixed Liabilities include:
(A) Bank Overdraft
(B) Long-term Loans
(C) Short-term loans
(D) Creditors
वनविर् दे यर्ाओं में ावमल हैं :
(ए) बैंक ओिरडर ाफ्ट
(बी) लंबी अिवि के ऋण
(सी) अल्पकावलक ऋण
(डी) लेनदार
49. Current Liabilities include:
(A) Bills Payable
(B) Creditors
(C) Outstanding Expenses
(D) All of the above
िर्थमान दे नदाररयों में ावमल हैं :
(ए) दे य वबल
(बी) लेनदार
(सी) बकाया खचथ
(D। उपरोक्त सभी
50. Which of the following is capital
expenditure?
(A) Wages
(B) Wages paid for building construction
(C) Repair expenses of building
(D) Advertisement Expenses
वनम्नवलप्तखर् में से कौन सा पंजीगर् व्यय है ?
(ए) मजदरी
(बी) भिन वनमाथण के वलए भुगर्ान मजदरी
(सी) भिन की मरम्मर् खचथ
(डी) विज्ञापन व्यय
51. Which of the following is Revenue
Expenditure?
(A) Repair Expenses
(B) Building Construction Expenses
(C) Expenses on purchase of Machinery
(D) Purchase of Investments
वनम्नवलप्तखर् में से कौन-सा राजस्व व्यय है ?
(ए) मरम्मर् व्यय
(बी) भिन वनमाथण व्यय
(सी) म ीनरी की खरीद पर खचथ
(डी) वनिे की खरीद
52. A person who owes money to the firm
is called ……..
(A) Debtor
(B) Creditor
(C) Supplier
(D) None of these
एक व्यप्तक्त जो फमथ को पैसा दे र्ा है उसे …… ..
कहा जार्ा है ।
(ए) दे नदार
(बी) लेनदार
(सी) आपवर्थकर्ाथ
(डी) इनमें से कोई नही ं
53. A person to whom money is owed by
the firm is called ........
(A) Debtor
(B) Creditor
(C) Customer
(D) None of these
वजस व्यप्तक्त पर फमथ का पैसा बकाया है , उसे
......... कहा जार्ा है ।
(ए) दे नदार
(बी) लेनदार
(सी) ग्राहक
(डी) इनमें से कोई नही ं
54. Gods means :
(A) Commodity to be bought and sold
(B) Commodity to be bought but not to
be sold
(c) Commodity to be used as an asset
(D) All of the above
दे िर्ाओं का अर्थ है :
(ए) खरीदी और बेची जाने िाली िस्तु
(बी) कमोवडटी खरीदी जानी है लेवकन बेची नही ं
जानी चावहए
(सी) एक सं पवि के रूप में इस्तेमाल की जाने
िाली िस्तु
(D। उपरोक्त सभी
55. Trade Discount is :
(A) Which is allowed at the time of receiving the
payment
(B) Which is allowed at the time of sale of goods
(C) Which is allowed both at the time of receiving
payment and sale of goods
(D) Allowed in all of the above
व्यापार छट है :
(ए) भुगर्ान प्राप्त करने के समय वकसकी अनुमवर् है
(बी) माल की वबक्री के समय वकसकी अनुमवर् है
(सी) वजसे भुगर्ान प्राप्त करने और माल की वबक्री के समय
दोनों की अनुमवर् है
(डी) उपरोक्त सभी में अनुमवर् है
56. The person, firm or institution who does not pay
the price in Cash for the goods purchased or the
services received is called :
(A) Propreitor
(B) Debtor
(C) Creditor
(D) All of these
िह व्यप्तक्त, फमथ या सं स्था जो खरीदे गए सामान या प्राप्त
से िाओं के वलए नकद में कीमर् का भुगर्ान नही ं करर्ा है , उसे
कहा जार्ा है :
(ए) मावलक
(बी) दे नदार
(सी) लेनदार
(डी) ये सभी
Q) अक्टबर 2022 में भारर् और वकस दे के
बीच SIMBEX 2022 नौसेवनक अभ्यास का
आयोजन वकया गया SIMBEX 2022 naval
exercise was organized between India and
which country in October 2022?
a) र्ाईलैंड/ Thailand
b) बांग्लादे / Bangladesh
c) वसं गापुर /Singapore
d) श्री लंका/Sri Lanka
57. Trade Discount allowed:
(A) Is shown separately in the books of
accounts.
(B) is not shown in the books of accounts.
(C) Can be shown either separately or deducted
from purchase cost.
(D) All of the above.
व्यापार छट की अनुमवर्:
(ए) खार्ों की वकर्ाबों में अलग से वदखाया गया है ।
(बी) खार्ों की वकर्ाबों में नही ं वदखाया गया है ।
(सी) या र्ो अलग से वदखाया जा सकर्ा है या खरीद
लागर् से घटाया जा सकर्ा है ।
(D। उपरोक्त सभी।
58. Cash Discount is:
(A) Which is received at the time of making the
payment
(B) Which is allowed at the time of sale of goods
(C) Which is received at the time of purchase of
goods
(D) Which is received both at the time of making
payment and purchase goods
नकद छट है :
(ए) जो भुगर्ान करने के समय प्राप्त होर्ा है
(बी) माल की वबक्री के समय वकसकी अनुमवर् है
(सी) जो माल की खरीद के समय प्राप्त होर्ा है
(डी) जो भुगर्ान करने और सामान खरीदने दोनों के समय
प्राप्त होर्ा है
59. Current assets do not include:
(A) Debtors
(B) Motor Car
(C) Bank Balance
(D) Prepaid Expenses
िर्थमान सं पवि में ावमल नही ं है :
(ए) दे नदार
(बी) मोटर कार
(सी) बैंक बैलेंस
(डी) प्रीपेड खचथ
60. Tangible Assets do not include:
(A) Goodwill
(B) Furniture
(C) Stock
(D) Cash
मर्थ सं पवि में ावमल नही ं है :
(ए) सद्भािना
(बी) फनीचर
(सी) स्टॉक
(डी) नकद
61. Intangible Assets do not include:
(A) Patents
(B) Trade Marks
(C) Stock
(D) Prepaid Expenses
अमर्थ सं पवि में ावमल नही ं है :
(ए) पेटेंट
(बी) व्यापार वचह्न
(सी) स्टॉक
(डी) प्रीपेड खचथ
62. Wasting Assets do not include:
(A) Mines
(B) Patents
(C) Land and buildings
(D) Trade Marks
बबाथद सं पवि में ावमल नही ं है :
(ए) खान
(बी) पेटेंट
(सी) भवम और भिन
(डी) व्यापार वचह्न
63. Current Liabilities include:
(A) Debentures
(B) Bills Payable
(C) Long-term Loans
(D) Capital
िर्थमान दे नदाररयों में ावमल हैं :
(ए) वडबेंचर
(बी) दे य वबल
(सी) लंबी अिवि के ऋण
(डी) राजिानी
64. Current Liabilities do not include:
(A) Sundry Creditors
(B) Bills Payable
(C) Outstanding Salaries
(D) Prepaid Insurance
िर्थमान दे नदाररयों में ावमल नही ं है :
(ए) विविि लेनदार
(बी) दे य वबल
(सी) बकाया िेर्न
(डी) प्रीपेड बीमा
65. Patent is:
(A) Tangible Asset
(B) Intangible Asset
(C) Current Asset
(D) None of the Above
पेटेंट है :
(ए) मर्थ सं पवि
(बी) अमर्थ संपवि
(सी) िर्थमान संपवि
(डी) उपरोक्त में से कोई नही ं
66. Maruti Car is :
(A) Current Asset
(B) Intangible Asset
(C) Tangible Asset
(D) None of the Above
मारुवर् कार है :
(ए) िर्थमान संपवि
(बी) अमर्थ संपवि
(सी) मर्थ सं पवि
(डी) उपरोक्त में से कोई नही ं
67. Any expenditure, the full benefit of
which is received during one accounting
period is termed as:
(A) Current Liability
(B) Current Asset
(C) Capital Expenditure
(D) Revenue Expenditure
कोई भी व्यय, वजसका परा लाभ एक लेखा के
दौरान प्राप्त होर्ा है
अिवि कहा जार्ा है :
(ए) िर्थमान दे यर्ा
(बी) िर्थमान संपवि
(सी) पंजीगर् व्यय
(डी) राजस्व व्यय
68. Which of the following will be treated as drawings
(A) Withdrawing money for payment of salary to employees
(B) Withdrawing money for payment to creditors
(C) Withdrawing money from business for private expenses
(D) Withdrawing money for purchase of asset
वनम्नवलप्तखर् में से वकसे वचत्र के रूप में माना जाएगा
(ए) कमथचाररयों को िेर्न के भुगर्ान के वलए पैसे वनकालना
(बी) लेनदारों को भुगर्ान के वलए पैसे वनकालना
(सी) वनजी खचों के वलए व्यिसाय से पैसा वनकालना
(डी) सं पवि की खरीद के वलए पैसे वनकालना
69. Main feature of business transaction is:
(A) It involves an economic activity
(B) It results in a change in the financial position of the
firm
(C) Change must be capable of being expressed in terms
of money
(D) All of the above
व्यापार लेनदे न की मुख्य वि ेषर्ा है :
(ए) इसमें एक आवर्थक गवर्विवि ावमल है
(बी) इसके पररणामस्वरूप फमथ की वििीय प्तस्थवर् में बदलाि होर्ा है
(सी) पररिर्थन पैसे के सं दभथ में व्यक्त करने में सक्षम होना चावहए
(डी) उपरोक्त सभी
70. Current Liabilities do not include:
(A) Bills Payable
(B) Creditors
(C) Outstanding Exp.
(D) Debentures
िर्थमान दे नदाररयों में ावमल नही ं हैं :
(ए) दे य वबल
(बी) लेनदार
(सी) बकाया खचथ
(डी) वडबेंचर
71. The term sales is used only for the sales of
.......... and is never used for the sale
(A) Assets, Investments
(B) Assets, Goods
(C) Intangible Assets, Goods
(D) Goods, Assets
वबक्री ब्द का प्रयोग केिल ......... की वबक्री के वलए वकया
जार्ा है और वबक्री के वलए कभी भी इसका उपयोग नही ं
वकया जार्ा है
(ए) सं पवि, वनिे
(बी) सं पवि, माल
(सी) अमर्थ सं पवि, माल
(डी) माल, सं पवि
72. Out of the following assets which one
is NOT an intangible asset?
(A) Patents
(B) Investments
(C) Goodwill
(D) Trademark
वनम्नवलप्तखर् संपवियों में से कौन एक अमर्थ संपवि
नही ं है ?
(ए) पेटेंट
(बी) वनिे
(सी) सद्भािना
(डी) टर े डमाकथ
73. At the end of financial year, during which sale of goods
was worth 35,00.000,
the closing stock is valued at Rs.40,000. This is ...........
(A) An event
(B) A transaction
(C) Both an event as well as transaction
(D) None of (A) and (B)
वििीय िषथ के अंर् में , वजसके दौरान माल की वबक्री 35,00.000 मल्य
की र्ी,
समापन स्टॉक का मल्य 40,000 रुपये है । ये है ...........
(ए) एक घटना
(बी) एक लेनदे न
(सी) एक घटना के सार्-सार् लेनदे न दोनों
(डी) (ए) और (बी) में से कोई नही ं
74. Which of the following is the Capital
expenditure?
(A) Wages paid for repair of building
(B) Wages paid for white washing of
building
(C) Wages paid for construction of
building
(D) Wages paid for cleaning of building
वनम्नवलप्तखर् में से कौन-सा पंजीगर् व्यय है ?
(ए) भिन की मरम्मर् के वलए भुगर्ान मजदरी
(बी) भिन की सफेदी के वलए भुगर्ान मजदरी
(सी) भिन के वनमाथण के वलए भुगर्ान मजदरी
(डी) भिन की सफाई के वलए भुगर्ान मजदरी
75. Consider the following items:
1. Prepaid Salary
2. Accrued Interest (Receivable)
3. Loan (Short term)
4. Bank Overdraft Current Liability would include:
(A) 1, 2, 3, 4 (B) 2, 3, 4
(C) 4, 3, 1 (D) 3, 4
वनम्नवलप्तखर् मदों पर विचार करें :
1. प्रीपेड िेर्न 2. अवजथ र् ब्याज (प्राप्य )
3. ऋण (अल्पकावलक)
4. बैंक ओिरडर ाफ्ट िर्थमान दे यर्ा में ावमल होंगे:
(ए) 1, 2, 3, 4 (बी) 2, 3, 4
(सी) 4, 3, 1 (डी) 3, 4