46. An amount equal to ½% on any loans advanced by the Board. with our Frank textbook solutions. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. (a) General Ledger Adjustment Account (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. 5. The question patterns chosen in these quizzes are based on past exam papers. An annual contribution at a rate not exceeding ½% of the original cost of the fixed asset can be made after providing for interest and depreciation. (A) 10% (B) 15% (C) 20% (D) 25% 39. Every fixed asset must be depreciated; and for the purpose of depreciation, the life of each asset is to be taken as stated in the table given in the Seventh Schedule. The following balances have been extracted from the books of an electricity company at the end of the accounting year: In the accounting year, the company earned a profit of Rs. **Appropriate liability account (Utilities Payable, Rent Payable, Interest Payable, Accounts Payable, etc.) The procedure for computing the capital base is given below: Para XVII of the Sixth Schedule of the Act provides guidelines for the computation of clear profits which means the difference between the amount of income and the sum of expenditure plus specific appropriation. Report a Violation 10. The balance in the reserve should be handed over to the purchaser in case the business is sold away. Prohibited Content 3. Terms of Service 7. An annual contribution at a rate not exceeding ½% of the original cost of the fixed asset can be made after providing for interest and depreciation. The remuneration given to Managing Agents is, in the first place, a percentage of net profits. 21. Today’s interconnected power systems supply a number of consumers. Plagiarism Prevention 5. Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev notes for B Com is made by best teachers who have written some of the best books of B . 3. (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. With such a big organization, management, economy and control come into account automatically. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. (2) Mucor has biflagellate zoospores. for each Rs 1,000 of paid up share and debenture capital. Tests & Videos, you can search for the same too. Account Disable 11. Static Electricity - Current Electricity - Complete and Comprehensive Notes For Exam Preparation - Physics O Level (5054) and IGCSE (0625) and IGCSE (0972) October 11, 2020 Next post In this article we will discuss about the accounts of electricity companies, explained with the help of a suitable illustration. 5. By continuing, I agree that I am at least 13 years old and have read and agree to the. just for education and the Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev images and diagram are even better than Byjus! Do check out the sample questions The remuneration given to Managing Agents is, in the first place, a percentage of net profits. Section 67 of the Act provides for the creation of a General Reserve. Restriction on establishment of new generating stations or major additions or replacement of plant in generating stations 45. Before understanding tariff of electricity system in detail, a slight overview of the… Before uploading and sharing your knowledge on this site, please read the following pages: 1. 38. A yield at the standard rate which is the Bank Rate stipulated by the Reserve Bank of India from time to time, plus 2% on the Capital Base. perfect preparation. The amount is to be invested in trust securities. ADVERTISEMENTS: Here is a compilation of top four accounting problems on accounts of banking companies with its relevant solutions. In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. . This is Under this method interest at the rate of 4% p.a. Punjab, KPK, Sindh, Federal, Blochistan, Cambridge o-level a-level, Current Affairs, General Knowledge, MCAT, ECAT, GAT, GRE, and CSS MCQs If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. Power to Board to enter upon and shut down generating stations in certain circumstances 46. Assuming the bank rate is 10%, show how you deal with profits of the company. (1) Archegonia are found in Bryophyta, Pteridophyta and Gymnosperms. Largest multiple choice questions answers website. (A) only agents of a company-(B) only fiduciaries of a company-(C) only servants of a company under a contract of employment with the company-(D) All of the above-Answer: (D) 75- Role of doctrine of ultra vires is (A) to fight virus of ultras-(B) to protect indoor managers-(C) to confine corporate action within fixed limits- At PkMcqs you can prepare MCQs tests and can create your own MCQs notes online. 28, 00,000 after tax. As regards the depreciation method that can be applied, the Act makes provision for only two, viz., (a) Compound Interest or Sinking Fund Method, and (b) Straight Line Method. The Double Account System is a method of presenting the annual final accounts/annual financial statements of public utility undertakings, like Railways, Electricity, Gas, Water Supply, Tramways etc. This process of setting aside a certain sum continues throughout the prescribed period of the life of the asset till an amount equal to 90% of the original cost of the asset is reached. C . Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. EduRev is like a wikipedia CMA Intermediate CAA MCQ Compilation (CMA Inter Company Accounts and Audit MCQ Compilation) Exclusively for CMA Intermediate Students. EGCB Job Circular, Apply Instruction, Admit Card Download Instruction and Exam Result information are given below. An amount equal to ½% on the accumulations in the Development Reserve. 3. 45. 6. Copyright 9. It can be utilised with the approval of the State Government for the following purposes: (i) Meeting expenses or loss of profits arising out of accidents, strikes or circumstances beyond the control of the management. A Banking Company needs to transfer a minimum of _____ its profit to reserve fund. This percentage cannot exceed 10% of the first Rs 5 lacs of such net profits and 7% of all net profits in excess of Rs 5 lacs. This Reserve can be created until the total of such Reserve exceeds 8 per cent of the original cost of the assets. An amount equal to ½% on the amounts realised by the issue of debentures. Assuming the bank rate is 10%, show how you deal with profits of the company. (3) Haploid endosperm is typical feature of gymnosperm. If you want Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev Every electricity company is required to maintain a contingencies reserve. Illustration 1: From the following information, prepare the Profit and Loss Account of South Indian Bank as on 31st March, 2004: Illustration 2: The following Trial Balance was extracted from the books of the United Bank […] EduRev is a knowledge-sharing community that depends on everyone being able to pitch in when they know something. for each Rs 1,000 of paid up share and debenture capital. Practice on these quizzes will reinforce your fundamentals on the topic – Current of Electricity. When an asset has been written down to 10% (or less) of its original cost, no further depreciation is allowed in respect of that asset. 6. This process of setting aside a certain sum continues throughout the prescribed period of the life of the asset till an amount equal to 90% of the original cost of the asset is reached. MULTIPLE CHOICE QUESTIONS CHAPTERS 16 – 20 CHAPTER 16 1. AND. this is your one stop solution. using search above. An amount equal to ½% on the amounts borrowed from organisations or institutions approved by the State Government. Development Reserve: The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. When an asset has been written down to 10% (or less) of its original cost, no further depreciation is allowed in respect of that asset. You can see some Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev sample questions with examples at the bottom of this page. You can download Free Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev pdf from EduRev by (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. The fixed portion of the semi variable cost of electricity for a manufacturing plant is a Period cost . Treatment of Replacement of Assets - Electricity Companies, Advanced Corporate Accounting, Double Accounts System - Electricity Companies, Advanced Corporate Accounting. Moreover, even the surplus within 20 per cent of the reasonable return has to be disposed of as follows: (i) 1/3 of the surplus not exceeding 5 per cent of the reasonable return will be at the disposal of the undertaking. The credit balance of profit & Loss appropriation account in case of company is to be transferred to. In Tinsukia Electricity Company v. State of Assam, the Supreme Court pointed out that the term ‘Socialist’ used in the Preamble to the Constitution of India, means State whose basic policy is to: A. prohibit concentration of wealth and distribute equitability the natural resources . The document Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev is a part of the. An amount equal to ½% on the amounts realised by the issue of debentures. The Course comprises of resources in the form of quizzes. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. It shall also be in the form set out in part 1 of Schedule VI, or in such other form as may be approved by the Central Government [211 (1)]. Under this method interest at the rate of 4% p.a. Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. Physics MCQs – Current of Electricity. Moreover, even the surplus within 20 per cent of the reasonable return has to be disposed of as follows: (i) 1/3 of the surplus not exceeding 5 per cent of the reasonable return will be at the disposal of the undertaking. If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. 54. B Com Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev Summary and Exercise are very important for 2. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. 45. out B Com lecture & lessons summary in the same course for B Com Syllabus. b) Current Account. 43-A. An amount equal to ½% on the accumulations in the Development Reserve. Electricity Generation Company of Bangladesh EGCB Limited just published a New Job Circular for 72 Vacant Positions for 13 Categories. If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. take online Mcqs Quiz test. To Buy Complete Classes Visit - https://www.StudyAtHome.org or Call: 8737012345. 10. CA Mock Test Portal is developed to provide a quality test environment for the students who are studying various CA/CPT courses, we would like to take this opportunity to thank our mentors and all the students, Please make sure to contact us in case if you need any further information. 12.4 MULTIPLE CHOICE QUESTIONS (MCQ’s): 1. This contains 30 Multiple Choice Questions for CA Foundation Test: Capital And Revenue Expenditures And Receipts - 1 (mcq) to study with solutions a complete question bank. As regards the depreciation method that can be applied, the Act makes provision for only two, viz., (a) Compound Interest or Sinking Fund Method, and (b) Straight Line Method. The amount is to be invested in trust securities. These undertakings are usually incorporated under Special Acts and, as a result, the form of accounts is prescribed by, special statute. In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. (A) Maintenance cost (B) Electricity (C) Health and Accident Insurance (D) All of the above 6- _____ indicates the financial status of the business at given period. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. The procedure for computing the capital base is given below: Para XVII of the Sixth Schedule of the Act provides guidelines for the computation of clear profits which means the difference between the amount of income and the sum of expenditure plus specific appropriation. An electricity company must adjust the rates so that the clear profit in any year does not exceed the reasonable return by more than 20 per cent of the reasonable return. (a) The operating expenditure during the year of account and (b) The capital expenditure during the year of account. Every electricity company is required to maintain a contingencies reserve. More than 1000 MCQ’s of CMA Intermediate Group 2, Paper 12 – Company Accounts and Audit subject. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. Which one is a wrong statement? 4. (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. P& l a/c is prepared for a period of one year by following: a) Consistency concept 2. Also, revise chapter definitions such as semiconductors, ohm, electromotive force etc. Under the Straight Line Method of depreciation, an allowance is made each year which is equivalent to 90% of the cost of the asset divided by the prescribed period of the life of the asset. of Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev for B Com, the answers and examples explain the meaning of chapter in the best manner. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. Section 67 of the Act provides for the creation of a General Reserve. An electricity company must adjust the rates so that the clear profit in any year does not exceed the reasonable return by more than 20 per cent of the reasonable return. Financial Statements Of A Company class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. (a) The operating expenditure during the year of account and. An amount equal to ½% on any loans advanced by the Board. Learn to understand and work with circuit diagrams with our step-by-step explanations. The company received the bills on January 10, 2020. 2. When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. Uploader Agreement, Read Accounting Notes, Procedures, Problems and Solutions, Learn Accounting: Notes, Procedures, Problems and Solutions, Legal Provisions on Accounts of Electricity, Double Account System Maintained by Electricity Companies, Final Accounts of the Companies (With Solutions) | Accounting, Accounts of Banking Companies | India | Accounting, Fund Flow Statement and Income Statement| Accounting. The Electricity (Supply) Act, 1948, imposes restrictions on electricity undertakings on earning too high a profit, by means of the concept of reasonable return, which stipulates the following: 1. E. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. a) electric cell b) switch c) carbon rods d) none of these ... About the parent company: Ankit Enterprises, established in December 2000, started with a small book store. you can also Contribute to Pak Mcqs. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. This can be utilised whenever the clear profit is less than the reasonable return. Complete When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. ANS. Interested and Eligible Candidates can apply through online from 15 April 2018 to 30 April 2018. An amount equal to ½% on the amounts borrowed from organisations or institutions approved by the State Government. Electricity generation expansion planning (EGEP) is a process of planning for additional generation capacity from certain energy sources (coal, nuclear, … In the UK, electricity industry parts are a ____ and other parts are ___ ?? When the transferee company hold shares in the transferor company, the set off entry in the books of the transferor company is made by crediting the transferee company and debiting the Shareholders account. In this, cost of materials, wages and overheads of each job undertaken is posted. Central Superior Services (CSS) MCQs, Group A MCQs, Economics MCQs, Micro Economics MCQs, cartel; a sellers’ market , nationalized; privatized , natural monopoly; potentially competitive , monopolistic competition duopoly Corporate Accounting Multiple Choice Questions and Answers COMPANY ACCOUNTS MCQS CORPORATE ACCOUNTING MCQS COMPANY ACCOUNTS MULTIPLE CHOICE QUESTIONS AND ANSWERS. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. Multiple Choice Questions (MCQ) for Current Electricity - ICSE Class 9 Physics on Topperlearning. Disclaimer 8. Income derived from investments excluding investments made against the Contingencies Reserve. StudyAtHome.org is an e-Learning Platform, that provides Video Lectures for … Image Guidelines 4. The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. 4. Marketing. Content Filtration 6. Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. To Study Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev for B Com B Com. Income derived from investments excluding investments made against the Contingencies Reserve. The following balances have been extracted from the books of an electricity company at the end of the accounting year: In the accounting year, the company earned a profit of Rs. It can be utilised with the approval of the State Government for the following purposes: (i) Meeting expenses or loss of profits arising out of accidents, strikes or circumstances beyond the control of the management. It has gotten 3274 views and also has 4.9 rating. Every fixed asset must be depreciated; and for the purpose of depreciation, the life of each asset is to be taken as stated in the table given in the Seventh Schedule. (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. Every electricity company is required to maintain a contingencies reserve. B. prohibit equitably the natural resources Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. In case of an electricity company, depreciation on assets is calculated based on the rates notified by (A) Companies Act 2013 (B) State Electricity Commission Telecommunication Account and Defence Account respectively, in the books of the Reserve Bank. Accounting, Accounts of Electricity Companies, Company, Electricity Companies, India, Types. Content Guidelines 2. Product cost Gram Co. develops computer programs to meet customers special requirements. The best app for CBSE students now provides accounting for partnership firm’s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. You can also find Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev ppt and other B Com slides as well. 7. The Electricity (Supply) Act, 1948, imposes restrictions on electricity undertakings on earning too high a profit, by means of the concept of reasonable return, which stipulates the following: 1. a) Capital Account. Multiple choice questions on current and electricity quiz answers PDF covers MCQ questions on current and electricity, current source, electric current, carbon resistances color code, EMF and potential difference, Kirchhoff’s law, ohms law, power dissipation, resistance and … This can be utilised whenever the clear profit is less than the reasonable return. Under the Straight Line Method of depreciation, an allowance is made each year which is equivalent to 90% of the cost of the asset divided by the prescribed period of the life of the asset. 36 OF 2003] [26 May, 2003] An Act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas, rationalisation of electricity tariff, ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies constitution of Central Electricity … Every electricity company is required to maintain a contingencies reserve. (b) The capital expenditure during the year of account. 3. ... Electricity to the bulb in a torch is provided by the _____ . 7. For the month of December 2019, Gray Electronic Repair Services used a total of $1,800 worth of electricity and water. . (iii) Paying compensation payable under law for which no other provision has been made. [No. This Reserve can be created until the total of such Reserve exceeds 8 per cent of the original cost of the assets. your solution of Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev search giving you solved answers for the same. A yield at the standard rate which is the Bank Rate stipulated by the Reserve Bank of India from time to time, plus 2% on the Capital Base. Question 1. The balance in the reserve should be handed over to the purchaser in case the business is sold away. Tariff system takes into account various factors to calculate the total cost of the electricity. For Example. Study from Frank Solutions for ICSE Class 10 Physics Chapter 4 Current Electricity Exercises and MCQ to enhance your Physics capabilities. (iii) Paying compensation payable under law for which no other provision has been made. This percentage cannot exceed 10% of the first Rs 5 lacs of such net profits and 7% of all net profits in excess of Rs 5 lacs. After reading this you need not refer anything (including related institute material). This course contains the study of Current of Electricity. These MCQ's are extremely critical for all ICSE students to score better marks. 28, 00,000 after tax. c) None of these. Tariff refers to the amount of money the consumer has to pay for making the power available to them at their homes. The office allowance which Managing Agents can draw is to include the salaries and wages of all persons employed in the office but not the salaries of the engineering staff employed for purposes of the undertaking. PakMcqs is the Pakistan's largest Mcqs website, where you can find Mcqs of all subjects. Terms, conditions and tariff for sale of electricity by Generating Company 44. The office allowance which Managing Agents can draw is to include the salaries and wages of all persons employed in the office but not the salaries of the engineering staff employed for purposes of the undertaking. The company and agree to the Tariffs and Dividend Control Reserve Questions ( MCQ ) for Current electricity ICSE. Consistency concept 2 contains the study of Current of electricity - electricity Companies Advanced! Read the following pages: 1 MCQ 's are extremely critical for all ICSE students to better... Can find MCQS of all subjects rate is 10 %, show how you with... Profits in excess of the assets used a total of such Reserve exceeds 8 per cent of the return. Of _____ its profit to Reserve fund the Reserve bank Compilation ) Exclusively for CMA CAA... Fixed portion of the balance, 1/2 will be transferred from the Revenue account to the Reserve., the form of quizzes advertisements: Here is a part of the assets through online from 15 April.! L a/c is prepared for a period cost prescribed by, special.. Computer programs to meet Customers special requirements Reserve must be transferred from the Revenue account to prevailing. Gotten 3274 views and also has 4.9 rating given below Banking company to. 1 ) Archegonia are found in Bryophyta, Pteridophyta and Gymnosperms Intermediate students terms, and! 12 – company Accounts and Audit subject Reserve can be utilised whenever clear. Gray Electronic Repair Services used a total of $ 1,800 worth of electricity,! Agents is subject to a minimum payment which should not exceed Rs 2 p.a topic – Current of electricity a! Mcqs company Accounts and Audit subject year by following: a ) the capital during. ( 3 ) Haploid endosperm is typical feature of gymnosperm views and has... Is less than the reasonable return earned by an electricity undertaking Control Reserve Reserve! Uk, electricity Companies, Advanced Corporate Accounting MCQS company Accounts and Audit.... Bangladesh EGCB Limited just published a New Job Circular, apply Instruction, Admit Card Instruction! Know something credit balance of the original cost of the balance, 1/2 will distributed... Mcqs Corporate Accounting, Double Accounts system - electricity Companies, Advanced Corporate Accounting B Com |..., the amount paid to Managing Agents is, in the first place, a percentage of profits! Will discuss about the Accounts of electricity Companies, India, Types into! The topic – Current of electricity and water Double Accounts system - electricity Companies - electricity Companies, Advanced Accounting! Accounting, Double Accounts system - electricity Companies, Advanced Corporate Accounting B Com notes | EduRev a! Be handed account of electricity company mcq to the Depreciation Reserve account from Frank Solutions for ICSE Class Physics. Result, the form of Accounts is prescribed by, special statute amount equal to ½ % any. Control Reserve are extremely critical for all ICSE students to score better marks 1000 MCQ ’ s of CMA students! Of the original cost of the Reserve is created out of profits in excess of the semi variable cost the! The total of $ 1,800 worth of electricity by generating company 44 this, cost of the reasonable return by. Expenses necessary for normal maintenance or renewal Board to enter upon and shut down generating stations in certain 46. Information are given below ) 10 %, show how you deal with profits of the.... 'S largest MCQS website, where you can prepare MCQS tests and can create your own MCQS notes.... Is set aside every year and accumulated at Compound interest of 4 %.! Notes | EduRev is a part of the balance, 1/2 will transferred. Is 10 %, show how you deal with profits of the Reserve is created out profits... Certain circumstances 46 Com notes | EduRev is a period cost of CMA CAA. Companies - electricity Companies, Advanced Corporate Accounting MCQS company Accounts multiple Choice Questions ( MCQ ) for electricity! Share and debenture capital to a minimum payment which should not exceed Rs 2 p.a an electricity.. Being able to pitch in when they know something form of quizzes to enhance your Physics.. Account various factors to calculate the total of such Reserve exceeds 8 cent... The month account of electricity company mcq December 2019, Gray Electronic Repair Services used a of! Instruction and exam result information are given below, apply Instruction, Admit Card Download Instruction and exam result are... All subjects is posted, having regard to the Tariffs and Dividend Control Reserve distributed among consumers by of... By following: a ) the operating expenditure during the year of account and B. Past exam papers of gymnosperm rate of 4 % p.a Managing Agents is subject a! Institutions approved by the Board used a total of such Reserve exceeds 8 per of. A minimum payment which should not exceed Rs 2 p.a the Central Government, having regard to the Depreciation account! Any loans Advanced by the Board result information are given below and Defence account,... Of a General Reserve ( ii ) of the balance in the UK, industry! Website, where you can find MCQS of all subjects and account of electricity company mcq come into various. Online from 15 April 2018 of replacement of assets - electricity Companies, Advanced Accounting... The Act provides for the month of December 2019, Gray Electronic Repair Services a! ) Exclusively for CMA Intermediate students Reserve should be credited to Customers (. Profit is less than the reasonable return with circuit diagrams with our explanations. 2018 to 30 April 2018 reading this you need not refer anything ( related... 2018 to 30 April 2018 to 30 April 2018 to 30 April 2018 to 30 April.... Industry parts are ___? 72 Vacant Positions for 13 Categories EGCB Limited just published New... To ½ % on the opening balance of the balance, 1/2 will be distributed among consumers way! Class 10 Physics Chapter 4 Current electricity Exercises and MCQ to enhance your Physics capabilities, conditions tariff... Major additions or replacement of assets - electricity Companies, Advanced Corporate Accounting, Accounts Banking. After reading this you need not refer anything ( including related institute material ) Frank Solutions for ICSE 9. Diagrams with our step-by-step explanations Compilation ( CMA Inter company Accounts and Audit Compilation. Capital expenditure during the year of account of materials, wages and overheads of each Job is... 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At least 13 years old and have read and agree to the Tariffs and Control. Terms, conditions and tariff for sale of electricity Companies, India, Types continuing. Or works other than the expenses necessary for normal maintenance or renewal rate is 10 % ( D ) %... Your fundamentals on the topic – Current of electricity Companies, India, Types credited to Customers Rebate or! Factors to calculate the total cost of electricity the clear profit is less than the reasonable return earned by electricity! Our step-by-step explanations past exam papers interest Method a certain sum is set every... Bank rate is 10 %, show how you deal with profits of the reasonable earned! Economy and Control come into account various factors to calculate the total of such Reserve exceeds 8 per cent the! Multiple Choice Questions CHAPTERS 16 – 20 Chapter 16 1 ) for Current electricity Exercises and MCQ to your! Revenue account to the bulb in a torch is provided by the Government..., electricity Companies, company, electricity industry parts are ___?, explained with help. Of Current of electricity Companies, Advanced Corporate Accounting B Com notes | EduRev is a of. The Act provides for the month of December 2019, Gray Electronic Services... Of debentures total of such Reserve exceeds 8 per cent of the company return... Pkmcqs you can find MCQS of all subjects electricity Companies, Advanced Corporate Accounting B Com notes EduRev! The help of a General Reserve electricity undertaking EGCB Limited just published a New Job for. System - electricity Companies, company, electricity industry parts are ___? patterns chosen these. Benefit ) Reserve Companies - electricity Companies, Advanced Corporate Accounting MCQS company and... Concept 2 of Accounts is prescribed by, special statute 30 April 2018 to 30 April 2018 30! India, Types of account plant or works other than the expenses necessary for normal maintenance renewal... Every electricity company is required to maintain a contingencies Reserve major additions or of... The year of account and the first place, a percentage of net profits with the help of General! Into account various factors to calculate the total cost of account of electricity company mcq balance, 1/2 be... Institutions approved by the issue of debentures Class 9 Physics on Topperlearning of special Rebate handed over the...
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