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Question :

Rajan Ltd. purchased a running business from Vikas Ltd. for a sum of Rs. 2,50,000 payable as  Rs. 2,20,000 in fully paid equity shares of  Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following:

Plant and Machinery Rs. 90,000; Building Rs. 90,000; Sundry Debtors Rs. 30,000; Stock Rs. 50,000; Cash Rs. 20,000; Sundry Creditors Rs. 20,000.

Question:- The difference between net assets and purchase consideration is transferred to _______.

Option 1: Goodwill Rs. 10,000  

Option 2: Capital Reserve Rs. 10,000

Option 3: Securities premium Rs. 10,000

Option 4: Vendor Co. Rs. 10,000

Team Careers360 15th Jan, 2024

Correct Answer: Capital Reserve Rs. 10,000


Solution : Answer = Capital Reserve Rs. 10,000

Following will be the journal entry:
Plant and Machinery A/c         Dr.  90,000
Building A/c                             Dr.  90,000
Sundry Debtors A/c                 Dr.  30,000
Stock A/c                                 Dr.  50,000
Cash A/c                                  Dr.  20,000
            To Sundry Creditors A/c                               20,000
            To Vikas

14 Views

when will the admission of american college for the year 2024

Tanya Gupta 5th Jan, 2024

Hello,

Although application deadlines vary for different colleges and schools but most schools require you to apply the period of sometime between January and February. If you plan to apply early decision, the application is typically due in early November. Once all necessary documents are submitted, application decisions usually take

21 Views

if i completed diploma in electronics and telecommunication can i get admission into AI in btech

mjaisinghani62 27th Jan, 2024

Hello aspirant

Bachelor of technology in Artificial intelligence is a four years undergraduate program.

The course deals with advanced learning that provides knowledge of advanced technologies like machine learning etc. It also provides deep learning and artificial cognition.

Eligibility for b tech in AI - Thr student must have passed

5 Views

Question : Direction: In the following question, select the one which is different from other three alternatives.

Option 1: 1331

Option 2: 191

Option 3: 200

Option 4: 808

Team Careers360 25th Jan, 2024

Correct Answer: 1331


Solution : Let's check the options —

First option: 1331; 113 = 1331. So, 1331 is a perfect cube. This option is different from the other options.

Second option: 191; 191 is not a perfect cube.

Third option: 200; 200 is not a perfect cube.

Fourth

11 Views

Question : Which of the following statements is not correct regarding the rabi crops?

Option 1: Southern and southeastern states are important for the production of wheat and other Rabi crops.

Option 2: Some of the important rabi crops are wheat, barley, peas, gram and mustard.

Option 3: These crops are harvested in summer from April to June.

Option 4: Rabi crops are sown in winter from October to December.

Team Careers360 9th Jan, 2024

Correct Answer: Southern and southeastern states are important for the production of wheat and other Rabi crops.


Solution : The correct answer is Southern and southeastern states are important for the production of wheat and other Rabi crops.

The major wheat-producing states in India are located in the northern

10 Views

Question : A person observes that the angle of elevation of the top of a pole of height 15 metres is 30°. What is the distance (in metres) of the person from the pole?

Option 1: $15$

Option 2: $15\sqrt3$

Option 3: $\frac{15}{\sqrt3}$

Option 4: $30$

Team Careers360 17th Jan, 2024

Correct Answer: $15\sqrt3$


Solution : Given: A person observes that the angle of elevation of the top of a pole of height 15 metres is 30°.
We know the formula, $\tan \theta=\frac{\text{Height}}{\text{Base}}$.

In $\triangle$ABC,
$\tan \angle BCA= \tan 30°$
⇒ $\frac{AB}{BC}=\frac{1}{\sqrt3}$
⇒ $\frac{15}{BC}=\frac{1}{\sqrt3}$
$\therefore BC = 15\sqrt3$
Hence, the correct

11 Views

Question : Directions: Select the figure from among the given options that can replace the question mark (?) in the following series.

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 13th Jan, 2024

Correct Answer:


Solution : According to the given figures –
1. The square in the given figure is rotating by 45° in the clockwise direction.
2. The number of lines around the square is increasing by 1. For example – In the first figure, there are 3 lines, in the

16 Views

I have completed my graduation so can I take admission in llb

Tanya Gupta 5th Jan, 2024

hello,

A Bachelor of Laws is an UG law degree offered in most common law countries as the primary law degree and serves as the first professional qualification for legal practitioners.

LLB course can be done after graduation from any stream like BSc, BA and BCom  It is a 6

74 Views

hello.. i gave NEET EXAM in 2023 but didnot get admission in MBBS, then i donot have full preparation to give NEET EXAM for this year -- 2024 , so can i skip this year Neet Exam and give Neet Exam in 2025 ?

mjaisinghani62 10th Jan, 2024

Hello Pratvi


You should prepare well and then appear for Neet in 2025 .

There is no upper age limit for neet ug .

You should give maximum hours to study as completion is going fierce year by year. Cut off changes  every year .

If you seek admission to

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