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Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:
- a)Rs. 2,400
- b)Rs. 3,200
- c)Rs. 2,600
- d)Rs. 3,000
Correct answer is option 'C'. Can you explain this answer?
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Electricity charges paid on 1 October, 2008 for the year to 30 Septemb...
Given:
Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400
Electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200
To find: Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009.
Solution:
As per the given information, the electricity charges paid on 1st October 2008 was for the year to 30 September 2009.
Hence, the electricity charges for the year ended 31 December 2009 would be a portion of the amount paid on 1st October 2008.
Calculation of electricity charges for the year ended 31 December 2009:
Electricity charges for the year to 30 September 2009 = Rs. 2,400
Time period for which electricity charges are to be calculated = 1st October 2008 to 31st December 2009 (15 months)
Electricity charges for 15 months = (2400/12) x 15 = Rs. 3,000
Therefore, the electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be Rs. 2,600 (as it is the closest option to the calculated value of Rs. 3,000).
Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400
Electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200
To find: Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009.
Solution:
As per the given information, the electricity charges paid on 1st October 2008 was for the year to 30 September 2009.
Hence, the electricity charges for the year ended 31 December 2009 would be a portion of the amount paid on 1st October 2008.
Calculation of electricity charges for the year ended 31 December 2009:
Electricity charges for the year to 30 September 2009 = Rs. 2,400
Time period for which electricity charges are to be calculated = 1st October 2008 to 31st December 2009 (15 months)
Electricity charges for 15 months = (2400/12) x 15 = Rs. 3,000
Therefore, the electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be Rs. 2,600 (as it is the closest option to the calculated value of Rs. 3,000).
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Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer?
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Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer?.
Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer?.
Solutions for Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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ample number of questions to practice Electricity charges paid on 1 October, 2008 for the year to 30 September, 2009 was Rs. 2,400 and electricity charges paid on 1 October, 2009 for the year to 30 September, 2010 was Rs. 3,200. Electricity charges paid, as shown in the profit and loss account for the year ended 31 December 2009, would be:a)Rs. 2,400b)Rs. 3,200c)Rs. 2,600d)Rs. 3,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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