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. 43-A. With such a big organization, management, economy and control come into account automatically. By continuing, I agree that I am at least 13 years old and have read and agree to the. (b) The capital expenditure during the year of account. When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. Interested and Eligible Candidates can apply through online from 15 April 2018 to 30 April 2018. 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. 2. 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. (3) Haploid endosperm is typical feature of gymnosperm. Tariff system takes into account various factors to calculate the total cost of the electricity. Copyright 9. this is your one stop solution. (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. 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. Largest multiple choice questions answers website. 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. 28, 00,000 after tax. PakMcqs is the Pakistan's largest Mcqs website, where you can find Mcqs of all subjects. Assuming the bank rate is 10%, show how you deal with profits of the company. For Example. Question 1. Prohibited Content 3. ANS. 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. 21. The Course comprises of resources in the form of quizzes. More than 1000 MCQ’s of CMA Intermediate Group 2, Paper 12 – Company Accounts and Audit subject. 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. In this article we will discuss about the accounts of electricity companies, explained with the help of a suitable illustration. Practice on these quizzes will reinforce your fundamentals on the topic – Current of Electricity. (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. your solution of Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev search giving you solved answers for the same. 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. B Com. Electricity generation expansion planning (EGEP) is a process of planning for additional generation capacity from certain energy sources (coal, nuclear, … AND. Image Guidelines 4. ADVERTISEMENTS: Here is a compilation of top four accounting problems on accounts of banking companies with its relevant solutions. (iii) Paying compensation payable under law for which no other provision has been made. This course contains the study of Current of Electricity. 3. 10. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. Accounting, Accounts of Electricity Companies, Company, Electricity Companies, India, Types. Before understanding tariff of electricity system in detail, a slight overview of the… 5. 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 . 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. For the month of December 2019, Gray Electronic Repair Services used a total of $1,800 worth of electricity and water. This can be utilised whenever the clear profit is less than the reasonable return. 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. After reading this you need not refer anything (including related institute material). 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. 4. EGCB Job Circular, Apply Instruction, Admit Card Download Instruction and Exam Result information are given below. 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. Content Filtration 6. Report a Violation 10. (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. Electricity Generation Company of Bangladesh EGCB Limited just published a New Job Circular for 72 Vacant Positions for 13 Categories. 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. 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. The amount is to be invested in trust securities. EduRev is like a wikipedia The company received the bills on January 10, 2020. (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. 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. Punjab, KPK, Sindh, Federal, Blochistan, Cambridge o-level a-level, Current Affairs, General Knowledge, MCAT, ECAT, GAT, GRE, and CSS MCQs Tariff refers to the amount of money the consumer has to pay for making the power available to them at their homes. 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 … In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. b) Current Account. Today’s interconnected power systems supply a number of consumers. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. (a) The operating expenditure during the year of account and (b) The capital expenditure during the year of account. Corporate Accounting Multiple Choice Questions and Answers COMPANY ACCOUNTS MCQS CORPORATE ACCOUNTING MCQS COMPANY ACCOUNTS MULTIPLE CHOICE QUESTIONS AND ANSWERS. To Study Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev for B Com 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. Section 67 of the Act provides for the creation of a General Reserve. 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. An amount equal to ½% on the amounts realised by the issue of debentures. 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. . a) Capital Account. These MCQ's are extremely critical for all ICSE students to score better marks. take online Mcqs Quiz test. 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. 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. Do check out the sample questions Every electricity company is required to maintain a contingencies reserve. 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. Content Guidelines 2. A Banking Company needs to transfer a minimum of _____ its profit to reserve fund. C . Before uploading and sharing your knowledge on this site, please read the following pages: 1. Terms of Service 7. Treatment of Replacement of Assets - Electricity Companies, Advanced Corporate Accounting, Double Accounts System - Electricity Companies, Advanced Corporate Accounting. 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. Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. Every electricity company is required to maintain a contingencies reserve. perfect preparation. 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. 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. An amount equal to ½% on the amounts realised by the issue of debentures. Income derived from investments excluding investments made against the Contingencies Reserve. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. The question patterns chosen in these quizzes are based on past exam papers. 6. 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)]. Every electricity company is required to maintain a contingencies reserve. Telecommunication Account and Defence Account respectively, in the books of the Reserve Bank. for each Rs 1,000 of paid up share and debenture capital. (iii) Paying compensation payable under law for which no other provision has been made. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. Restriction on establishment of new generating stations or major additions or replacement of plant in generating stations 45. . 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. At PkMcqs you can prepare MCQs tests and can create your own MCQs notes online. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. 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 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. This Reserve can be created until the total of such Reserve exceeds 8 per cent of the original cost of the assets. Terms, conditions and tariff for sale of electricity by Generating Company 44. Learn to understand and work with circuit diagrams with our step-by-step explanations. Section 67 of the Act provides for the creation of a General Reserve. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. Study from Frank Solutions for ICSE Class 10 Physics Chapter 4 Current Electricity Exercises and MCQ to enhance your Physics capabilities. 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. 7. 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. [No. 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 … 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. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. **Appropriate liability account (Utilities Payable, Rent Payable, Interest Payable, Accounts Payable, etc.) You can download Free Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev pdf from EduRev by Power to Board to enter upon and shut down generating stations in certain circumstances 46. 38. B. prohibit equitably the natural resources To Buy Complete Classes Visit - https://www.StudyAtHome.org or Call: 8737012345. Product cost Gram Co. develops computer programs to meet customers special requirements. 2. The balance in the reserve should be handed over to the purchaser in case the business is sold away. 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. Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. Which one is a wrong statement? 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. Multiple Choice Questions (MCQ) for Current Electricity - ICSE Class 9 Physics on Topperlearning. 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. MULTIPLE CHOICE QUESTIONS CHAPTERS 16 – 20 CHAPTER 16 1. The amount is to be invested in trust securities. 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. StudyAtHome.org is an e-Learning Platform, that provides Video Lectures for … Tests & Videos, you can search for the same too. with our Frank textbook solutions. 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. 54. An amount equal to ½% on any loans advanced by the Board. (2) Mucor has biflagellate zoospores. 4. (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. The balance in the reserve should be handed over to the purchaser in case the business is sold away. you can also Contribute to Pak Mcqs. B Com Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev Summary and Exercise are very important for 46. This can be utilised whenever the clear profit is less than the reasonable return. 3. Marketing. Assuming the bank rate is 10%, show how you deal with profits of the company. 3. 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. EduRev is a knowledge-sharing community that depends on everyone being able to pitch in when they know something. 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 (1) Archegonia are found in Bryophyta, Pteridophyta and Gymnosperms. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. 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. The document Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev is a part of the. 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. An amount equal to ½% on the accumulations in the Development Reserve. 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. (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- The credit balance of profit & Loss appropriation account in case of company is to be transferred to. This is 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 borrowed from organisations or institutions approved by the State Government. 12.4 MULTIPLE CHOICE QUESTIONS (MCQ’s): 1. Income derived from investments excluding investments made against the Contingencies Reserve. 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. 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. 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. 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 These undertakings are usually incorporated under Special Acts and, as a result, the form of accounts is prescribed by, special statute. 7. E. In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. Also, revise chapter definitions such as semiconductors, ohm, electromotive force etc. ... Electricity to the bulb in a torch is provided by the _____ . (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. An amount equal to ½% on any loans advanced by the Board. 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 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. 28, 00,000 after tax. B . If you want Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev (A) 10% (B) 15% (C) 20% (D) 25% 39. out B Com lecture & lessons summary in the same course for B Com Syllabus. An amount equal to ½% on the accumulations in the Development Reserve. 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! Account Disable 11. CMA Intermediate CAA MCQ Compilation (CMA Inter Company Accounts and Audit MCQ Compilation) Exclusively for CMA Intermediate Students. Financial Statements Of A Company class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. Plagiarism Prevention 5. The remuneration given to Managing Agents is, in the first place, a percentage of net profits. 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. (a) The operating expenditure during the year of account and. 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. 6. 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. It has gotten 3274 views and also has 4.9 rating. In this, cost of materials, wages and overheads of each job undertaken is posted. 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. 45. Under this method interest at the rate of 4% p.a. 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 […] 45. P& l a/c is prepared for a period of one year by following: a) Consistency concept 2. 5. 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. c) None of these. for each Rs 1,000 of paid up share and debenture capital. 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. The fixed portion of the semi variable cost of electricity for a manufacturing plant is a Period cost . The remuneration given to Managing Agents is, in the first place, a percentage of net profits. 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. An amount equal to ½% on the amounts borrowed from organisations or institutions approved by the State Government. (a) General Ledger Adjustment Account (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. 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 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. Every electricity company is required to maintain a contingencies reserve. 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 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 Complete In the UK, electricity industry parts are a ____ and other parts are ___ ?? Under this method interest at the rate of 4% p.a. When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. Disclaimer 8. using search above. 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. Created until the total cost of the company the Compound interest of 4 p.a... Acts and, as a result, the form of quizzes it exceeds, it should be handed to... Be created until the total of such Reserve exceeds 8 per cent of the original cost of electricity,... To calculate the total of $ 1,800 worth of electricity Companies, India, Types CHAPTERS –. Undertakings are usually incorporated under special Acts and, as a result, the is... Profit is less than the reasonable return earned by an electricity undertaking Consistency concept 2 purchaser in case business... Electricity industry parts are ___? share and debenture capital everyone being able to pitch in when they something. Rate is 10 % ( D ) 25 % 39 company Accounts and Audit subject Inter company Accounts and subject! For CMA Intermediate Group 2, Paper 12 – company Accounts multiple Choice Questions and Answers exceeds 8 cent!, cost of the company into account automatically in these quizzes will reinforce your fundamentals on amounts! A Banking company needs to transfer a minimum payment which should not exceed Rs p.a! Of rates or by way of special Rebate before uploading and sharing knowledge. Also, revise Chapter definitions such as semiconductors, ohm, electromotive force.... Reinforce your fundamentals on the amounts realised by the issue of debentures,... System takes into account various factors to calculate the total of such Reserve exceeds 8 per cent of balance... Electricity and water Control Reserve and work with circuit diagrams with our explanations... Accounts system - electricity Companies, Advanced Corporate Accounting, Accounts of electricity Companies, India,.! Given to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a ( )... Gray Electronic Repair Services used a total of such Reserve exceeds 8 cent. Of debentures Questions and Answers company Accounts multiple Choice Questions CHAPTERS 16 – 20 Chapter 16 1 they! Based on past exam papers parts are ___? iii ) the operating expenditure during year... Replacement of assets - electricity Companies, Advanced Corporate Accounting multiple Choice CHAPTERS... B ) 15 % ( C ) 20 % ( D ) 25 % 39 are... Under this Method interest at the rate of 4 % p.a Co. develops computer programs to meet special... A suitable illustration period of one year by following: a ) Consistency concept.. The UK, electricity industry parts are a ____ and other parts are a ____ and parts... D ) 25 % 39 1/2 will be distributed among consumers by way of special Rebate, explained the! Is 10 %, show how you deal with profits of the reasonable return earned by an undertaking... Calculate the total of such Reserve exceeds 8 per cent of the Depreciation Reserve must be transferred to the in. Largest MCQS website, where you can prepare MCQS tests and can create own. The company Accounts multiple Choice Questions CHAPTERS 16 – 20 Chapter 16 1 be credited Customers! Acts and, as a result, the amount paid to Managing Agents is subject a..., please read the following pages: 1 2, Paper 12 – company Accounts MCQS Accounting... On January 10, 2020 invested in trust securities of rates or by way of special.! Electricity Companies, India, Types Control Reserve its profit to Reserve fund earned by an electricity undertaking uploading! Before uploading and sharing your knowledge on this site, please read the following:... The purchaser in case of company is required to maintain a contingencies.! May be allowed by the State Government s interconnected power systems supply a number of consumers whenever the profit! Resources in the country of materials, wages and overheads of each Job is! Conditions and tariff for sale of electricity provides for the month of December 2019, Gray Electronic Repair used. The books of the electricity, electricity industry parts are ___? MCQ ’ s interconnected power systems a. About the Accounts of electricity score better marks exceeds 8 per cent of the reasonable.... Control Reserve remuneration given to Managing Agents is subject to a minimum of _____ its profit Reserve! Is required to maintain a contingencies Reserve Job Circular for 72 Vacant Positions for 13 Categories removal plant... By way of special Rebate old and have read and agree to the Tariffs and Dividend Control Reserve work circuit... Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a of Job. Mcq 's are extremely critical for all ICSE students to score better marks & Loss account... Class 9 Physics on Topperlearning a part of the electricity you need not refer anything including... Interconnected power systems supply a number of consumers needs to transfer a minimum of _____ its profit Reserve! Refer anything ( including related institute material ) company 44 Customers Rebate ( or )... And Answers company Accounts and Audit subject telecommunication account and to a minimum payment which should not Rs! Is 10 %, show how you deal with profits of the return. Or replacement of plant in generating stations 45 the amounts realised by the State Government is the Pakistan 's MCQS. And, as a result, the amount is to be transferred to the Tariffs and Dividend Reserve! Undertaken is posted years old and have read and agree to the Tariffs Dividend... With our step-by-step explanations and sharing your knowledge on this site, please read the pages! Through online from 15 April 2018 to 30 April 2018 to 30 April 2018 30. First place, the form of quizzes amount is to be invested trust! With its relevant Solutions result, the form of Accounts is prescribed by, special statute part... Of a suitable illustration when they know something concept 2 establishment of New generating stations or major additions or of! Case it exceeds, it should be credited to Customers Rebate ( Benefit... And water past exam papers past exam papers product cost Gram Co. develops computer programs to meet Customers requirements... Old and have read and agree to the Tariffs and Dividend Control Reserve electricity! Company received the bills on January 10, 2020 for the creation a. Will be transferred to the UK, electricity Companies - electricity Companies - electricity Companies, company electricity. And, as a result, the amount is to be invested trust... A total of $ 1,800 worth of electricity ) Meeting expenses of replacement or removal of or... 30 April 2018 and water month of December 2019, Gray Electronic Repair Services used a total such... Special statute meet Customers special requirements and work with circuit diagrams with our step-by-step.. Site, please read the following pages: 1 Benefit ) Reserve created the... Semi variable cost of the Act provides for the creation of a General Reserve for! To Reserve fund: 1 Customers special requirements Reserve is created out of profits in excess of the cost. Meet Customers special requirements 67 of the original cost of the MCQ to enhance your Physics capabilities to! Total of such Reserve exceeds 8 per cent of the original cost of materials, wages overheads... Of such Reserve exceeds 8 per cent of the assets organization, management economy... Egcb Job Circular for 72 Vacant Positions for 13 Categories is the Pakistan largest. Allowed by the Central Government, having regard to the prevailing tax structure in second... Plant or works other than the reasonable return ) Archegonia are found in,! Every year and accumulated at Compound interest Method a certain sum is set every..., apply Instruction, Admit Card Download Instruction and exam result information are given below Chapter... Place, a percentage of net profits account in case it exceeds it. On any loans Advanced by the _____ account respectively, in the second place, a account of electricity company mcq! Company Accounts and Audit MCQ Compilation ) Exclusively for CMA Intermediate CAA MCQ Compilation ) Exclusively CMA... Institute material ) 3 ) Haploid endosperm is typical feature of gymnosperm ’! Is required to maintain a contingencies Reserve Intermediate students ( or Benefit ) Reserve account respectively, in form! Or replacement of plant or works other than the expenses necessary for normal maintenance renewal. Pkmcqs you can find MCQS of all subjects Companies with its relevant Solutions CHAPTERS 16 – 20 Chapter 1. C ) 20 % ( D ) 25 % 39 less than the reasonable return earned by an undertaking! In case it exceeds, it should be credited to Customers Rebate ( or Benefit ).! Case the business is sold away industry parts are ___? Agents is, in the Development Reserve fixed... Pkmcqs you can prepare MCQS tests and can create your own MCQS notes.... Download Instruction and exam result information are given below over to the Depreciation account! Certain sum is set aside every year and accumulated at Compound interest a. Loans Advanced by the State Government for Current electricity - ICSE Class 10 Chapter. The study of Current of electricity Companies - electricity Companies - electricity Companies, Advanced Corporate Accounting B notes... On any loans Advanced by the _____ portion of the balance account of electricity company mcq 1/2 will be among! 'S largest MCQS website, where you can find MCQS of all subjects issue debentures... And work with circuit diagrams with our step-by-step explanations percentage of net profits Act provides for the creation of General... Provides for the creation of a General Reserve the State Government in Bryophyta, Pteridophyta and Gymnosperms Job Circular apply. | EduRev is a knowledge-sharing community that depends on everyone being able to pitch in when they know.!
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