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General Commerce Discussion

(63 Posts)

This thread is dedicated to discuss general Commerce queries

Question should not exceed 100 characters.Use add options for multiple choice questions and "Uploadimage/Add related data" for passage text papers.
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Usharani Dash
Posted on Jun 07, 2019 8:16 PM

Made in purchase of goods that's journal entries

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Sachin Patil
Shared from Accounting on Apr 30, 2018 6:15 PM

Forward premium (or discount) in percent per annum =

 
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All answers are same ???

Pooja Khandelwal
Shared from Company Law (Easy) on Jun 19, 2017 2:50 PM

What is the limit on the maximum number of members in case of a private company as per Companies Act, 2013?

 
50
200
7
2
Unlimited
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As per Companies Rules 2014, the limit is 200, but as per the Act it is 50

Vinoth
Shared from Ratio & Proportion on Sep 28, 2016 11:05 AM

The salary of a call centre employee is Rs. 5,000 per month and incentives are proportional to the number of calls he attempts. In January, he attempts 450 calls and earns an amount (salary + incentives) of Rs. 6,125. If he wishes to earn Rs. 7,500 in a month, then how many calls does he have to attempt in that month?

 
900
1,000
1,200
1,500
None of these
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1000

Nirmal Kumar
Shared from Final Accounts on Sep 02, 2016 4:31 PM

Given: Cost of goods sold = Rs. 6,69,600; Sales = Rs. 7,44,000; Closing stock = Rs. 50,400
The gross profit for the year ending on 31st March, 2012 is

 
Rs. 1,24,800
Rs. 74,400
Rs. 94,800
None of these
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124800