Question : At the time of dissolution of a firm, Debtors were Rs. 34000 out of which Rs. 1000 became bad and the rest realised 60%. Which account will be debited and by how much amount?

Option 1: Realisation Account by Rs. 19800

Option 2: Profit and Loss Account by Rs 500

Option 3: Cash Account by Rs. 19800

Option 4: Debtors Account by Rs. 19800

Question : Metal tea pots have wooden handles because:

Option 1: wood is bad conductor of heat

Option 2: it prevents electric shock

Option 3: it gives beauty to the pots

Option 4: it is hygenic

Question : In the following question, out of the given four alternatives, select the one which best expresses the meaning of the idiom or phrase.
To keep an eye on

Option 1: To be able to understand everything.

Option 2: To see someone in a bad light.

Option 3: To watch over closely.

Option 4: To keep distance from.

Question : Murari and Vohra of Chandigarh were partners in a firm with capitals of Rs. 1,20,000 and Rs. 1,60,000 respectively. On 1.4 .2018 they admitted their manager, Robin Gurung of Meghalaya, as a partner for one-fourth share in profits on his payment of Rs. 2,00,000 as his capital and Rs. 90,000 for his one-fourth share of goodwill.

On that date the creditors of Murari and Vohra were Rs. 60,000 and Bank overdraft was Rs. 15,000 . Their assets apart from cash included Stock Rs.10,000; Debtors Rs.40,000;
Plant and Machinery Rs.80,000; Land and Building Rs.2,00,000. It was agreed that stock should be depreciated by Rs.2,000; Plant and Machinery by 20%, Rs. 5,000 should be written off as bad debts and Land and Building should be appreciated by 25%.
Question:
After all adjustment the balance of their capitals are

Option 1: Murari 1,78,50,0 Vohra 2,18,500, and Robin Rs 2,00,000

Option 2: Murari Rs 166,000, Vohra 1,88,500 and Robin Rs 2,00,000

Option 3: Murari Rs 1,55,000, Vohra 175,000 and Robin Rs 2,00,000

Option 4: None of the above

Question : Select the most appropriate meaning of the given idiom.

Have a whale of a time

Option 1: Be extremely busy with work

Option 2: A good thing that seems bad at first

Option 3: Have an exceptionally fun or exciting experience

Option 4: Immediate involvement of everyone present

Question : Comprehension:

In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.

The rain was coming down relentlessly. Even (1)______ a fast windscreen wiper, the road was (2)____ visible in the dark. Away from the noisy station we had just left, I (3)_____ the empty roads. Indeed, who would be walking (4)____ at such a late hour in the pouring rain? Shekhar was (5)____ steady driver as a rule, but we (6)____ both worried by now and he was already driving (7)______ fast. The road conditions were (8)____ from good. It was a bad ride, but we barely noticed it as we were so (9)______. The only thing I was worried about was finding my daughter, a young, (10)_______ girl alone on the streets at this hour.

Question:

Select the most appropriate option to fill in the blank 10.

Option 1: unsatisfactory

Option 2: unfamiliar

Option 3: unaccompanied

Option 4: unsuitable

Question : In the Balance Sheet, Total Debtors appear at Rs.5, 00,000 and Provision for Doubtful Debts appears at Rs. 1,50,00. How much amount will be realised from Debtors if bad debts amount to Rs. 1,00,000 and remaining debtors are realised at a discount of 5%?

Option 1: Rs 3,80,000

Option 2: Rs 3,65,000

Option 3: Rs 3,65,750

Option 4: Rs 3,95,000

Question : Directions:
A statement is given followed by two inferences I and II. You have to consider the statement to be true even if it seems to be at variance with commonly known facts. You have to decide which of the given inferences, if any, follow from the given statement.
Statement:
Extensive use of pesticides in agricultural production contaminates soil and water, remains in the crops, and finally enters the food chain, thereby posing a threat to human beings.
Inferences:
I. Excessive use of pesticides in agricultural production is not good for people.
II. Excessive use of pesticides in agricultural production can have a bad effect on water.

Option 1: If only II follows

Option 2: If neither I nor II follows

Option 3: If only I follows

Option 4: If both I and II follow

Question : Identify the segment that contains a grammatical error. If there is no error, select 'No error.'
Sorry, I will be late as a flight / has been delayed due / to bad weather.

Option 1: No error

Option 2: Sorry, I will be late as a flight

Option 3: To bad weather

Option 4: Has been delayed due

Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Every now and then there are going to be bad days, tough days, mood swings and all things nasty that may put a (1) ______ on our happy days. At any given moment, however, we are the ones who can make a (2)______ between letting these things get in the way or pushing them right out by (3) ______ time in things or people (4) ______ make us happy. I've had this list of things that have made me happy for years now. I made it back to college to help me deal with some difficult times that I faced then. Even today, every now and then when things go (5) ______ I always go back to this, and one or more things listed here always light me up!

Question:
Select the most appropriate option to fill in the blank number 3.

Option 1: investing

Option 2: spending

Option 3: expanding

Option 4: spreading