Applications

The NTA has made the official NEET 2024 exam date available at nta.ac.in. The procedure of submitting an application for NEET 2024 would take one month. The NTA will make the deadline for NEET 2024 application forms public. NTA will also make available an informative leaflet outlining key facts about the UG test in addition to the NEET 2024 application form.

For detailed information, you can visit our website by clicking on the link given below.

https://medicine.careers360.com/articles/neet-application-form

Thank you

Hope this information helps you.

Answer

Answer Later

15 Views

Question : Which of the following statements is true?
Option 1: Cash Flow Statement shows inflows and outflows of Cash and Cash Equivalents.
Option 2: Cash Flow Statement gives information about sources and applications of Cash and Cash Equivalents for a specific period.
Option 3: It helps in planning investments and assessing the financial requirements of the enterprise.
Option 4: All of the above

Team Careers360 27th Jan, 2024

Correct Answer: All of the above

Solution : Answer = All of the above

Cash Flow Statement shows inflows and outflows of Cash and Cash Equivalents. Cash Flow Statement gives information about sources and applications of Cash and Cash Equivalents for a specific period. Also, It helps in planning investments and assessing the financial requirements of the enterprise.
Hence, the correct option is 4.

Answer

Answer Later

10 Views

Question : When did Linus Carl Pauling receive the Nobel Prize in Chemistry for his research into the nature of the chemical bond and its applications to the elucidation of the structure of complex substances'?
Option 1: 1954
Option 2: 1950
Option 3: 1956
Option 4: 1958

Team Careers360 27th Jan, 2024

Correct Answer: 1954

Solution : The correct answer is 1954.

Linus Carl Pauling received the Nobel Prize in Chemistry in 1954 for his pioneering work on the nature of chemical bonds and their application to unravel the structures of complicated molecules. In the mid-twentieth century, Linus Pauling's research considerably enhanced the science of chemistry by offering deep insights into the fundamental forces that keep atoms and molecules together.

Answer

Answer Later

29 Views

Question : Y Ltd. invited applications for issuing 500, 12% debentures of Rs.100 each at a discount of 5%. These debentures were redeemable after three years at par. Applications for 600 debentures were received. Pro-rata allotment was made to all the applicants assuming that the whole amount was payable with application.

Question:- When application money is received, Bank Account will be debited by ________.
Option 1: Rs. 60,000
Option 2: Rs. 57,500

Option 3: Rs. 57,000
Option 4: Rs. 58,500

Team Careers360 25th Jan, 2024

Correct Answer: Rs. 57,000

Solution : Answer = Rs. 57,000

Application money received Rs. 57,000 (Rs. 600 X 95).
Hence, the correct option is 3.

Answer

Answer Later

183 Views

Question : A company invited applications for 50,000 Equity Shares of Rs. 10 each payable as follows:

On application Rs. 3; on allotment Rs. 3; on first and final call Rs. 4.

Applications were received for 1,10,000 shares. It was decided

(i) to refuse allotment to the applicants for 10,000 shares,

(ii) to allot 50% to X who has applied for 20,000 shares,

(iii) to allot in full to Y who has applied for 10,000 shares,

(iv) to allot balance of the available shares on pro-rata basis among the other applicants, and

(v) to utilise excess application money in part payment of allotment and final call.

Question:- Amount received on allotment is:
Option 1: Rs. 60,000
Option 2: Rs. 40,000
Option 3: Rs. 30,000
Option 4: Rs. 15,000

Team Careers360 25th Jan, 2024

Correct Answer: Rs. 30,000

Solution : Answer = Rs. 30,000

STATEMENT SHOWING DETAILS OF SHARES APPLICATION MONEY

Categories	Shares	Shares	Application	Disposal of Shares Application Money Received
	Applied	Allotted	Money	Share	Shares	Calls-in-	Refund
			Received	Capital	Allotment	Advance
			Rs.	Rs.	Rs.	Rs.	Rs.
1 (Rejected)	10,000	NIL	30,000				30,000
			(10,000 x Rs.3)
II X	20,000	10,000	60,000	30,000	30,000
			(20,000 x Rs. 3)	(10,000 x Rs. 3)	(10,000 x Rs. 3)
III Y	10,000	10,000	30,000	30,000
			(10,000 x Rs. 3)	(10,000 x Rs. 3)
IV (Prorata)	70,000	30,000	2,10,000	90,000	90,000	30,000
	(Bal.Fig.)	(Bal.Fig.)	(70,000 x Rs. 3)	(30,000 x Rs. 3)	(30,000 x Rs. 3)	(2,10,000
						- 90,000 - 90,000)
Total	1,10,000	50,000	3,30,000	1,50,000	1,20,000	30,000	30,000

Hence, the correct option is 3.

Answer

Answer Later

7 Views

Question : What is/are the applications of computerised accounting systems?
Option 1: To maintain Accounting Record of large organisations is Possible
Option 2: Separate Payroll Accounting is Possible
Option 3: Automation of All Financial Accounts
Option 4: All of the above

Team Careers360 25th Jan, 2024

Correct Answer: All of the above

Solution : Following are the applications of computerised accounting systems:
1. To maintain Accounting Record of large organisations is Possible,
2. Separate Payroll Accounting is Possible,
3. Automation of All Financial Accounts,
4. Graphic Presentation of Accounting Results,
5. Updates are fast, and
6. Best Inventory Control.
Hence, the correct option is 4.

Answer

Answer Later