Question 1 (a) State with reasons, whether the following statements are True or False: (i) The financial statement must disclose all the relevant and
Question 2 (a) From the following particulars, prepare a Bank Reconciliation Statement as on 31st December, 2022. (i) Debit balance (overdraft) shown
Question 3 (a) R draws a bill of exchange on P for ₹2,00,000 on 1st July,2022 for 4 months P accepted the bill and sent it to R. R discounts the bill
Question 4 (a) The following is the schedule of balances as on 31.03.23 extracted from the books of M/s RM & Co. Particulars Dr. ₹ Cr. ₹ Bank charges
Question 5 (a) X, Y and Z were partners sharing profit and losses in the ratio of 5: 3: 2. Their Balance Sheet as on 31st March 2023 is as follows: **
Question 6 (a) A Ltd. issued 25,000 equity shares of ₹ 100 each at a premium of 25 per share payable as follows: On Application ₹ 50 On Allotment ₹ 50