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anyone can tell me which topics of mgt 101 is important for subjective questions
today mgt 101 20 july 2012 11am pak timing 120 min
64 questions
56 mcqs mostly new
8 question
4 3 maks
4 5 marks
What do you know about the Profit and loss appropriation account in case of partnership?3 marks
Differentiate between debtor’s turnover ratio and creditor’s turnover ratio.3 marks
The following information relates to ABC Company Limited:3 marks
Jan. 1, 2010 Dec. 31, 2011
Rs. Rs.
------------------- ---------------------
Assets 375,000 500,000
Liabilities 50,000 ?
Owners’ Equity ? 425’000
Following information is available of Shabaz & Co.
Particulars Rs.
Discount received 1,000
Commission received 2,000
Cash sales 3,000
Credit sales 4,000
Required:
Calculate the amount of “Direct revenue" and “Indirect revenue”.3 marks
Define "Cash flow from financing activities" in the context of cash flow statement with some examples.5 marks
Cost of asset Rs. 200,000
Life of Asset 5 years
Depreciation method Straight line
Residual value Rs. 20,000
Sale price after 5 years Rs. 30,000
Required:
Calculate the Profit / (loss) on disposal of asset.5 marks
If bad debts and provision for bad debts given in trial balance of Rahim Brothers are Rs. 5,000 and Rs. 6,000 respectively. Adjustment information shows that reduce the provision for doubtful debts to Rs. 3,000
Required:
Prepare a Provision for doubtful debts account based on the above information.5 marks
Following information is available of Shabaz & Co.
Particulars Rs.
Profits for the year 25,000
Dividend declared and paid 5,000
Transfer to reserves 10,000
Closing balance of accumulated profit 60,000
Required:
Calculate the opening balance of accumulated profit.5 marks
best of luck friends
ramadan mubarak rem me in ur prayer
fifty % old and 50% new mcqs in my paper
cost of good sold statment
one question 5 current libility calculate karni thi
balance sheet prepare karni thi 10 marks
Quaratulain thanks
MGT 101 (20-07-2012)
80% of MCQs were new.
Total 64 Questions [ 56 x 1, 4 x 3 , 4 x 5 ] Total marks 88
1- Had to calculate Depreciation using both WDV as well as straight line method. (3)
2-Profit and loss appropriation account. (3)
3-Calculate Working Capital. (3)
4-Claculate cost of material consumed. (3)
5-Define Administrative expenses and give 3 examples. (5)
6-Calculate profit and then distribute profit among partners.Partners salaries were also given in data. (5)
7-Write about investing activities in Cash flow statement. (5)
8-Bank Reconciliation Statement starting form Bank statement Un-Favourable balance. (5)
Tahir Jamal thanks & keep it up
mgt101 current paper held on 21-july-2012
everyone
this is current paper of mgt101
all mcq"s were from past papers
long questions:
1)difference between partnership and limited company?
2)amortization page 111 of handouts
3) cash book components page 21 of handouts
4) administrative expenses and three examples page 26 of handouts
5)how will be the profit of MR.A and MR.B will be distributed if they are partners?
6)write notes on : page 220 of handouts
a)debentures
b) notes of account
c)share premium
d)cash flow statement
best of luck 4 exams
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