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Question : Murari and Vohra of Chandigarh were partners in a firm with capitals of Rs. 1,20,000 and Rs. 1,60,000 respectively. On 1.4 .2018 they admitted their manager, Robin Gurung of Meghalaya, as a partner for one-fourth share in profits on his payment of Rs. 2,00,000 as his capital and Rs. 90,000 for his one-fourth share of goodwill.

On that date the creditors of Murari and Vohra were Rs. 60,000 and Bank overdraft was Rs. 15,000 . Their assets apart from cash included Stock Rs.10,000; Debtors Rs.40,000;
Plant and Machinery Rs.80,000; Land and Building Rs.2,00,000. It was agreed that stock should be depreciated by Rs.2,000; Plant and Machinery by 20%, Rs. 5,000 should be written off as bad debts and Land and Building should be appreciated by 25%.
Question:
After all adjustment the balance of their capitals are

Option 1: Murari 1,78,50,0 Vohra 2,18,500, and Robin Rs 2,00,000

Option 2: Murari Rs 166,000, Vohra 1,88,500 and Robin Rs 2,00,000

Option 3: Murari Rs 1,55,000, Vohra 175,000 and Robin Rs 2,00,000

Option 4: None of the above

Team Careers360 22nd Jan, 2024

Correct Answer: Murari 1,78,50,0 Vohra 2,18,500, and Robin Rs 2,00,000


Solution : Answer = Murari 1,78,500, Vohra 2,18,500 and Robin Rs 2,00,000

                                              Partner's Capital Account

Particulars Murari Vohra Robin Particulars Murari Vohra Robin
        By Bank B/D 1,20,000 1,60,000 -
        By R/r (profit) 13,500 13,500 -
Bal. c/d 1,78,500 2,18,500 2,00,000 By Bank     2,00,000
        By Premium for Goodwill 45,000 45,000 -
  1,78,500 2,18,500 2,00,000   1,78,500 2,18,500 2,00,000

Hence, the correct option is 1.

 

12 Views

Question : Select the most appropriate meaning of the given idiom.

Have a whale of a time

Option 1: Be extremely busy with work

Option 2: A good thing that seems bad at first

Option 3: Have an exceptionally fun or exciting experience

Option 4: Immediate involvement of everyone present

Team Careers360 25th Jan, 2024

Correct Answer: Have an exceptionally fun or exciting experience


Solution : The correct choice is the third option.

Have a whale of time is an idiom that means to have a very enjoyable experience. This is conveyed in the third option, which states, have an exceptionally fun or exciting experience.

78 Views

Question : Directions:
A statement is given followed by two inferences I and II. You have to consider the statement to be true even if it seems to be at variance with commonly known facts. You have to decide which of the given inferences, if any, follow from the given statement.
Statement:
Extensive use of pesticides in agricultural production contaminates soil and water, remains in the crops, and finally enters the food chain, thereby posing a threat to human beings.
Inferences:
I. Excessive use of pesticides in agricultural production is not good for people.
II. Excessive use of pesticides in agricultural production can have a bad effect on water.

Option 1: If only II follows

Option 2: If neither I nor II follows

Option 3: If only I follows

Option 4: If both I and II follow

Team Careers360 20th Jan, 2024

Correct Answer: If both I and II follow


Solution : Given:
Statement:
Extensive use of pesticides in agricultural production contaminates soil and water, remains in the crops, and finally enters the food chain, thereby posing a threat to human beings.

Inferences:
I. Excessive use of pesticides in agricultural production is not good for people – From the given statement, it is evident that extensive use of pesticides in agricultural production when entering the food chain, poses a threat to human beings. Pesticides in the food chain will directly harm the health of people.
II. Excessive use of pesticides in agricultural production can have a bad effect on water – From the given statement, it is evident that extensive use of pesticides in agricultural production when used in the soil will also contaminate the groundwater which people use for drinking purposes.

So, both I and II follow. Hence, the fourth option is correct.

35 Views

Question : Identify the segment that contains a grammatical error. If there is no error, select 'No error.'
Sorry, I will be late as a flight / has been delayed due / to bad weather.

Option 1: No error

Option 2: Sorry, I will be late as a flight

Option 3: To bad weather

Option 4: Has been delayed due

Team Careers360 24th Jan, 2024

Correct Answer: Sorry, I will be late as a flight


Solution : The correct option will be the second option.

Explanation:

In the corrected version, the definite article "the" is used before "flight" to indicate a specific flight that has been delayed due to bad weather. 

Therefore, the correct sentence would be: Sorry, I will be late as the flight has been delayed due to bad weather.

14 Views

Question : If the water smells bad, then that odour can be removed by adding:

Option 1: alum

Option 2: bleach

Option 3: activated carbon 

Option 4: deactivated nitrogen 

Team Careers360 18th Jan, 2024

Correct Answer: activated carbon 


Solution : The correct option is activated carbon.

If the water smells bad, adding a few drops of lemon juice or activated charcoal can help neutralise the odour. Additionally, proper ventilation and regular cleaning of water sources can address the issue.

In many different applications, including the preparation of food and beverages, removing odours, and industrial pollution control, activated carbon is used to purify liquids and gases.

18 Views

Question : The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P. There once was a little boy who had a very bad temper.
Q. The boy gradually began to control his temper over the next few weeks, and the number of nails he was hammering into the fence slowly decreased.
R. His father decided to hand him a bag of nails and said that every time the boy lost his temper, he had to hammer a nail into the fence.
S. On the first day, the boy hammered 37 nalis into that fence.

Option 1: QRSP

Option 2: PRSQ

Option 3: RPSQ

Option 4: QPRS

Team Careers360 25th Jan, 2024

Correct Answer: PRSQ


Solution : The correct option is the second option.

There is a logical progression: It starts by introducing the boy's bad temper, then explains the father's strategy to help the boy control his temper, followed by the initial consequence (37 nails hammered in), and ends with the improvement in the boy's behaviour over time.

The most logical order of the sentences to form a coherent paragraph would be:

P: There once was a little boy who had a very bad temper.

R: His father decided to hand him a bag of nails and said that every time the boy lost his temper, he had to hammer a nail into the fence.

S: On the first day, the boy hammered 37 nails into that fence.

Q: The boy gradually began to control his temper over the next few weeks, and the number of nails he was hammering into the fence slowly decreased.

So, the right order would be PRSQ.

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