Accounting AS-Level MCQ’s Paper-1 Topical/Yearly

830.00

Book Code : 111
Number of Pages : 370
Author : M. Nauman Malik
Language : English
Publishers : Read and Write Publications

 

Categories: ,

Description

TABLE OF CONTENTS
PREFACE
CHAPTER 1 BANK RECONCILIATION STATEMENTS
ANSWER KEY ………………………………………………………………………………………………………………………………………… 11
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 11
CHAPTER 2 ACCOUNTING FOR DEPRECIATION 
ANSWER KEY ………………………………………………………………………………………………………………………………………… 21
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 21
CHAPTER 3 BAD DEBTS AND PROVISION FOR DOUBTFUL DEBTS 
ANSWER KEY ………………………………………………………………………………………………………………………………………… 29
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 29
CHAPTER 4 INVENTORY VALUATION
ANSWER KEY ………………………………………………………………………………………………………………………………………… 38
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 38
CHAPTER 5 BASIC FINANCIAL STATEMENTS
ANSWER KEY ………………………………………………………………………………………………………………………………………… 49
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 49
CHAPTER 6 ACCOUNTING CONCEPTS AND CONVENTIONS
ANSWER KEY ………………………………………………………………………………………………………………………………………… 58
CHAPTER 7 CAPITAL AND REVENUE
ANSWER KEY ………………………………………………………………………………………………………………………………………… 63
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 63
CHAPTER 8 SUSPENSE ACCOUNT
ANSWER KEY ………………………………………………………………………………………………………………………………………… 76
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 76
CHAPTER 9 CONTROL ACCOUNTS
ANSWER KEY ………………………………………………………………………………………………………………………………………… 90
DETAILED ANSWERS ……………………………………………………………………………………………………………………………… 90
CHAPTER 10 ACCOUNTS FROM INCOMPLETE RECORDS
ANSWER KEY ………………………………………………………………………………………………………………………………………. 105
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 105
CHAPTER 11 FINANCIAL STATEMENTS OF PARTNERSHIP 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 119
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 119
CHAPTER 12 PARTNERSHIP CHANGES & DISSOLUTION
ANSWER KEY ……………………………………………………………………………………………………………………………………… 129
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 129
CHAPTER 13 COMPANY BASICS 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 137
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 137
CHAPTER 14 COMPANY FINAL ACCOUNTS
ANSWER KEY ………………………………………………………………………………………………………………………………………. 148
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 148
CHAPTER 15 ISSUE OF SHARES AND DEBENTURES
ANSWER KEY ………………………………………………………………………………………………………………………………………. 166
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 166
CHAPTER 16 RATIO ANALYSIS – CALCULATION
ANSWER KEY ………………………………………………………………………………………………………………………………………. 189
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 189
CHAPTER 17 RATIO ANALYSIS – INTERPRETATION
ANSWER KEY ………………………………………………………………………………………………………………………………………. 210
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 210
CHAPTER 18 STATEMENTS OF CASH FLOWS 
ANSWER KEY ……………………………………………………………………………………………………………………………………… 224
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 224
CHAPTER 19 COSTS, CONCEPTS AND COST CLASSIFICATIONS
ANSWER KEY ………………………………………………………………………………………………………………………………………. 235
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 235
CHAPTER 20 JOB AND BATCH ORDER COSTING
ANSWER KEY ………………………………………………………………………………………………………………………………………. 239
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 239
CHAPTER 21 ABSORPTION COSTING
ANSWER KEY ………………………………………………………………………………………………………………………………………. 246
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 246
CHAPTER 22 BREAK-EVEN AND PROFIT VOLUME ANALYSIS 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 262
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 262
CHAPTER 23 MARGINAL COSTING AND DECISION MAKING 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 279
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 279
CHAPTER 24 MARGINAL COSTING – LIMITING FACTORS 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 293
DETAILED ANSWERS ……………………………………………………………………………………………………………………………. 293
CHAPTER 25 BUDGETING 
ANSWER KEY ………………………………………………………………………………………………………………………………………. 298
SPECIMEN PAPER 2016-18 299
ANSWER KEY ………………………………………………………………………………………………………………………………………. 303
MAY 2016 – PAPER 12 304
ANSWER KEY ………………………………………………………………………………………………………………………………………. 308
NOVEMBER 2016 – PAPER 12 309
ANSWER KEY ………………………………………………………………………………………………………………………………………. 314
MAY 2017 – PAPER 12 315
ANSWER KEY ………………………………………………………………………………………………………………………………………. 320
NOVEMBER 2017 – PAPER 12 321
ANSWER KEY ………………………………………………………………………………………………………………………………………. 326

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