CAAC152 Financial Accounting

Financial Accounting: most repeated questions

Questions that have come up in more than one paper, matched by what they ask rather than exact wording. Most repeated first.

  1. 4×Asked in 2023, 2022, 2021, 2020
    A company issued 1,00,000 shares @ Rs100 each. The money called Rs50 on application, Rs40 on allotment (including discount) and Rs20 on final call. The company received 1,50,000 share applications. The board of director decided that 20,000 share application…Answer coming5
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  2. 3×Asked in 2023, 2022, 2021
    The following transactions of Superstar Supplier provided to youAnswer coming10
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  3. 2×Asked in 2022, 2019
    Define accounting and discuss any three functions of accounting.Answer coming5
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  4. 2×Asked in 2024, 2020
    Define Company and Explain its Features. And differentiate between shares and debentures.Answer coming10
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  5. 2×Asked in 2021, 2020
    Explain any 5 Accounting concepts?Answer coming10
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  6. 2×Asked in 2023, 2022
    Explain about accounting cycle.Answer coming5
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  7. 2×Asked in 2023, 2022
    The following information are provided to youAnswer coming5
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  8. 2×Asked in 2024, 2021
    What are the objectives of accounting?Answer coming5
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