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PDF Embed: => RS Aggarwal Solutions for 12th Class Maths Chapter 1-Relation [indcareerdocs id="25a71f6e-fa84-4048-9475-5e8ea3edb249"] RS Aggarwal Solutions for 12th Class RS Aggarwal Solutions Book...
Question 1. What are the salient features in tally? Solution 1: Below are the salient feature in tally:- Inventory management is possible in Tally. Once the available units are entered in it, update...
Short Answer Questions Question 1. Define a computerised accounting system. Distinguish between a manual and computerised accounting system. Solution 1: A computerised accounting system is that...
Short Answer Questions Question 1. Write a detailed note on Transaction Processing System (TPS). Solution 1: They are the computerised systems that perform and record the daily routine transactions...
Short Answer Questions Question 1. What is a computer? What are its important features? Solution 1: A computer is an automatic electronic machine for performing calculations. But it cannot be defined...
Short Answer Questions Question 1. Write any three characteristics of Single Entry System. Solution 1: Below are the characteristics of Single Entry System:- 1.) Maintenance of Personal Accounts...
Short Answer Questions Question 1. What is the necessity of doing adjustments? Give four adjustment entries with their explanations. Solution 1: Necessity of doing adjustments: To ascertain the true...
Short Answer Questions Question 1. What is the used of financial statement for employees and trade union? Solution 1: On the basis of financial statement they can judge as to how much bonus and...
Very Short Answer Questions Question 1. What is Capital Expenditure? Solution 1: Any expenditure which is incurred in acquiring or increasing the value of a fixed asset is treated as capital...
Numerical Questions Question 1. Rectify the following errors: (i) Credit sales to Mridula Rs. 5,000 were not recorded. (ii) Credit purchases from Nayna Rs. 8,000 were not recorded. (iii) Goods...
Short Answer Questions Question 1. Give a definition of Bill of Exchange and give its four characteristics. Solution 1: Definition of Bill of Exchange: As per Section 5 of the Negotiable Instruments...
Short Answer Questions Question 1. Define provision. What is the important of creating a provision? (any three points of importance). Solution 1: According to the companies Act the term ‘Provision’...