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May 5th, 2016, 08:55 AM
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Question Paper of CA-CPT June
Would you please provide here sample question paper for CA CPT examination to appear in June attempt of CA CPT exam ? As you requires I am here giving you sample question paper for CA CPT examination. CA CPT Sample Paper: 1. Which of the following is wrong? a) All real and personal accounts are transferred to balance sheet b) Nominal accounts are transferred to P & L account c) Each account is opened separately in ledger d) Rent is a personal account, outstanding rent is nominal account 2. In Journal Entries which pertain to outstanding entries, prepaid entries, depreciation entries are called a) Adjustment Entries b) Rectification Entries c) Transfer Entries d) closing Entries 3. In a three column cash book the discount columns are a) Totalled but not adjusted b) Totalled and adjusted c) Totalled but not balanced d) None of the above 4. Cash Book O.D. Balance Rs. 2,000. It was found that cheques of Rs. 100, Rs. 150, Rs. 175 which are issued but not presented till the date and the cheque of Rs. 600 deposited but have not been cleared, then O.D. Balance as per pass book is : a) Rs. 2150 b) Rs. 2175 c) Rs. 1475 d) Rs. 1925 9. Opening Stock Rs.30,000, Cost of goods available for sale Rs. 1,60,000, Sales were Rs. 1,60,000. Gross profit on sales is 30% Calculate closing stock. a) Nil b) Rs. 48,000 c) Rs. 98,000 d) None of the above 17. In case of Joint Venture business, method of Accounting to be followed and decided by a) Separate Act for J.V. b) Accounting Standard c) Co-venturer as per their convenience d) ICAI 18. In case of purchase of machinery in joint venture through joint bank A/c, while separate set of books is maintained. Which of the following is the correct entry. a) Debit machinery, credit joint bank A/c b) Debit machinery, credit joint venture A/c c) Debit Joint venture, credit joint bank A/c d) Debit Joint venture A/c, Credit machinery A/c 16. Yogam consigned cost of goods of Rs. 1,00,000 at an invoice price of 20% above cost. Consignee is entitled to 5% commission on sales up to Invoice price, 20% on sales which exceeds invoice price, 2% delcredre commission on credit sales. He sold 25% of goods for cash for Rs. 40,000 and 50% of goods on credit for Rs. 70,000, 10% of goods taken by consignee. Calculate commission? a) Rs. 10,500 b) Rs.9900 c) Rs.10,200 d) none 22. A Trader followed WDV method of depreciation, the book value of Asset after 4 years is 24% of original cost. Find rate of depreciation. a) 24% b) 26% c) 32 % d) 30% 23. Loss on sale of machinery is credited to __ account. a) Machinery A/c b) Purchase A/c c) Profit & Loss A/c d) None Here is the attachment. Last edited by Neelurk; April 10th, 2020 at 11:50 AM. |
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