13 January, 2014

MGT101 Current Midterm Paper Fall 2013 File 3



Today Paper
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks:3
Total Long Subjective Question of 5 Marks:2
1. Calculate Depreciation on 30000 for first two years. Salvage Value for 1st yr is 5000 and second year it increased to 7000.(5 Marks)
2. Prepare balance of Machinery account on following data:- (5 marks)
Opening Balance on 1 jan 2010 - 1,20000
Purchase of new machinery in yr 2010- 60,000
Destruction of machinery due to fire - 12000
What is balance on Dec 2010
3. Difference b/w payables and recievables (3 Marks)
4. Calculate depreciation by reducing balance method with cost pf 120000. Depreciation rate 10% and no. of yrs 5? (3 Marks)

No comments:

Post a Comment