Mgt101 Mid Term Current Paper (Dec 2010)
Sunday, December 05, 2010 Posted In .Midterm Dec 2010 Edit Thistotal 32 question
28 objective and 4 subjective
subjective question
1- prepare profit and loss acount from folowing statement 5 marks
sales revenue 100000
cost of sales 70000
salaries 1000
rent 2000
depreciation 3000
2- define capital loss with an example 3marks
3-differentiate between straight line depreciation and reducing method depreciation. 5 marks
4- fourth question is also about profit and loss acount statment.
5-mostly objective from past papers.
MCQz conceptual, aur i will recomended to see the Shorts notes 1-22 which were prepared by Fasco, and Mr. Lonely
Thank both of u .
Long question 5 marks (Depriciation reducing method)
1 question 3 marks (calculate Gross profit)