CA & CMA - Test paper

Khushi (CA & CS Final) (1367 Points)

21 December 2009  

can anyone gimme ans. of these Qs or just tell me the page no. where to find out.

Q.1 state with reason, whether the following statements are true or false-

A. service costing is used in industries producing goods.

B. Rent on own building is not included in cost accounts.

-- - from test paper3/2008 of company a/s and cost and mgmt accounting.

 

Q.2what entries will be passed after achieved the traget of buy-back. if company issued one fully paid up equity share of rs. 10 by way of bonus share for every four equity shares held by the equity shareholder. before buy-back shares total equity share were 240 lakhs and after 25% buy back 180 lakhs shares will be remaind with the share holders. give the journel entries for bonus shares issued.

- from test paper3/2008 of company a/s and cost and mgmt accounting.

thanks