Virtual Study Solutions: GDB no 2 Solution

MGT101 GDB No 2 Solution Fall 2017

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<span style="font-family: "verdana" , sans-serif;">MGT101 GDB No 2 Solution Fall 2017</span></h3>
<span style="font-family: "verdana" , sans-serif;">Dear Students, <b>MGT101 GDB Solution</b> has been added. Here you can read or Download <b>MGT101</b> -  Financial Accounting <b>GDB No 2 Solution</b> and Discussion of Semester <b>Fall 2017</b>. GDB D</span><span style="font-family: Verdana, sans-serif;">ue Date is 24 January, 2018. We are here to facilitate</span><span style="font-family: verdana, sans-serif;"> your learning and we do not appreciate the idea of copying or replicating solutions. Previously we shar</span><span style="font-family: Verdana, sans-serif;">ed <a href="http://virtualstudysolutions.blogspot.com/2017/12/mgt101-current-and-past-mid-term-papers-fall-2017.html">MGT101 Current and Past Mid Term Papers Fall 2017</a>.</span><br />
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv_eUy6wB13obxLlOskSNCgcscaT3gRDrgZzRX0Tbhmas2xpYOVuWz7kE3VqGcq_Yk4blaC2UcKhmtPNjUiDPYZwTQmbXJSyYfERmloLbnBvjjLowbDTG0-p5DlvFD1q9_gPLA6kUa_PY/s1600/MGT101+GDB+No+2+Solution+Fall+2017.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="MGT101 GDB No 2 Solution Fall 2017" border="0" data-original-height="669" data-original-width="944" height="226" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv_eUy6wB13obxLlOskSNCgcscaT3gRDrgZzRX0Tbhmas2xpYOVuWz7kE3VqGcq_Yk4blaC2UcKhmtPNjUiDPYZwTQmbXJSyYfERmloLbnBvjjLowbDTG0-p5DlvFD1q9_gPLA6kUa_PY/s320/MGT101+GDB+No+2+Solution+Fall+2017.png" title="MGT101 GDB No 2 Solution Fall 2017" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Verdana, sans-serif;">MGT101 GDB No 2 Solution Fall 2017</span></td></tr>
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<span style="font-family: Verdana, sans-serif;">MGT101 GDB Important Instructions:</span></h4>
<ul style="text-align: left;">
<li><span style="font-family: Verdana, sans-serif;">Your discussion must be based on logical facts.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Obnoxious or ignoble answer should be strictly avoided.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.</span></li>
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<span style="font-family: Verdana, sans-serif;"><b>Recommended </b>: <a href="http://virtualstudysolutions.blogspot.com/2017/04/mgt101-short-notes-for-mid-term-from-lec-1-to-22.html">MGT101 Short Notes for Mid term from Lec 1 to 22</a></span></div>
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<span style="font-family: Verdana, sans-serif;">MGT101 GDB Topic:</span></h4>
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<span style="font-family: Verdana, sans-serif;"><ul style="text-align: left;">
<li>Rectification of errors</li>
</ul>
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<span style="font-family: Verdana, sans-serif;">MGT101 GDB Learning Objectives:</span></h4>
<span style="font-family: Verdana, sans-serif;"><ul style="text-align: left;">
<li>To understand the type of errors and effects of identified errors on trial balance and financial statements</li>
</ul>
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<span style="font-family: Verdana, sans-serif;">MGT101 GDB No 2 Question:</span></h3>
<span style="font-family: Verdana, sans-serif;">Mr. Aslam is running his small business under the name of Aslam and Sons. He has recently hired Mr. Anwar as a junior accountant to maintain the books of accounts of his business. Mr. Anwar has little knowledge in accounting. Recently, it has been observed that Mr. Anwar made the following errors in the books of accounts.</span><h4 style="text-align: left;">
<span style="font-family: Verdana, sans-serif;">MGT101 GDB Cases </span></h4>
<span style="font-family: Verdana, sans-serif;"><b>Case A:</b> Goods of Rs. 100,000 bought on credit from Mr. Ali but recorded as Rs. 10,000. <br /><b>Case B:</b> Cash withdrawals from business wrongly debited to the cash account and credited to the drawings account.</span><div>
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<span style="font-family: Verdana, sans-serif;">MGT101 GDB Required Tasks:</span></h4>
<span style="font-family: Verdana, sans-serif;"><ul style="text-align: left;">
<li>Identify the “type of error” committed by Mr. Anwar under Case-A given above.</li>
<li>Identify the “type of error” committed by Mr. Anwar under Case-B given above.</li>
<li>What will be the effect of given errors on arithmetical accuracy of trial balance? (Just mention whether the trial balance would be overstated, understated or remains unaffected).</li>
<li>Compute the correct amount of Net profit, if net profit before correcting the above errors was Rs. 150,000.</li>
</ul>
<b>Please Note:</b> Be concise and avoid unnecessary detail to attempt the given questions.</span><h3 style="text-align: left;">
<span style="font-family: Verdana, sans-serif;">MGT101 GDB No 2 Solution Fall 2017</span></h3>
<span style="font-family: "verdana" , sans-serif;">You can see the sample Solution file page preview below. and You can easily </span><br />
<span style="font-family: "verdana" , sans-serif;">Download MGT101 GDB No 2 Solution File from the Download Button given below:</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Solution:</b><br /><ul style="text-align: left;">
<li>Error of Original Entry</li>
<li>Error of Commission</li>
<li>In case 1 trial balance would be understated and in case II trial balance would be unaffected (Not sure )</li>
<li>Net profit before correct the error is 150000 and After correct the error 90000 charged to goods so net profit will be 150000-90000=60000</li>
</ul>
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<span style="font-family: "verdana" , sans-serif;">MGT101 GDB No 2 Solution Download Link</span></h4>
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MGT101 GDB No 2 Solution Fall 2017

MGT101 GDB No 2 Solution Fall 2017 Dear Students, MGT101 GDB Solution has been added. Here you can read or Download MGT101 - Financial...

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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Fall 2017</span></h3>
<span style="font-family: "verdana" , sans-serif;">Dear Students, Here you can read or Download <b>MTH202</b> - discrete mathematics <b>GDB No 2 Solution</b> and Discussion of Semester <b>Fall 2017</b>. MTH202 General Discussion Board (GDB) Solution has been added. GDB Due Date is January 4, 2018. We are here to facilitate your learning and we do not appreciate the idea of copying or replicating solutions. Previously we shared <a href="https://virtualstudysolutions.blogspot.com/2017/11/mth202-gdb-no-1-solution-fall-2017.html">MTH202 GDB No 1 Solution Fall 2017</a>.</span><br />
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<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Solution Fall 2017 </span></td></tr>
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB Instructions</span></h3>
<ul style="text-align: left;"><span style="font-family: "verdana" , sans-serif;">
<li>The purpose of this GDB is to assess your knowledge and computational skills.</li>
<li>Produce you own work. Copying the text from any other student or from any website is strictly prohibited. You will get zero marks in this case.</li>
<li>Last date of this GDB is <b>January 4, 2018</b>. There will not any relaxation after due date. You have almost <b>4 days</b> to complete this task. Submit your answers at the earliest to avoid losing your marks.</li>
</span></ul>
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</span><span style="font-family: "verdana" , sans-serif;">A new functionality (Preview) has been added in GDB to verify that your post is correctly displaying. So before posting your comments you should first preview the post and if the equations are correctly displaying then you can post the comment. <br /><br /><b><span style="color: red;">Note :</span></b> Remember once you post the comments on GDB then you cannot edit or re-post your comment.</span></div>
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<span style="font-family: "verdana" , sans-serif;"><b>Recommended</b>: <a href="https://virtualstudysolutions.blogspot.com/2017/08/virtual-university-academic-calendar-fall-2017.html">Virtual University Academic Calendar Fall 2017</a></span><br />
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB Important Instructions:</span></h3>
<ol style="text-align: left;"><span style="font-family: "verdana" , sans-serif;">
<li>If a student posts his/her solution in MDB to show up others, he/she would be awarded ZERO marks. Your solution must be posted in GDB.</li>
<li>Use only Google Chrome.</li>
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Question:</span></h3>
<span style="font-family: "verdana" , sans-serif;">Using Mathematical Induction, prove that:</span><br />
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<span style="font-family: "georgia" , "serif"; font-size: 14.0pt;"> <o:p></o:p></span><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWQt8yXQu7F-YZ1eqqqirumHKX8kShbfLaVD0MLokKuGiEzkgzZKADmW89zrCEOukfKXklbuxCc0-qnX2hYmkTXEVjJx9NSbojscpZHrsu_tpkUMahgec8InbOjpdVOhQS_yl2BcSndHE/s1600/mth202+gdb+no+2+question.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em; text-align: center;"><img alt="MTH202 GDB No 2 Question Fall 2017" border="0" data-original-height="65" data-original-width="394" height="65" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWQt8yXQu7F-YZ1eqqqirumHKX8kShbfLaVD0MLokKuGiEzkgzZKADmW89zrCEOukfKXklbuxCc0-qnX2hYmkTXEVjJx9NSbojscpZHrsu_tpkUMahgec8InbOjpdVOhQS_yl2BcSndHE/s400/mth202+gdb+no+2+question.png" title="MTH202 GDB No 2 Question Fall 2017" width="400" /></a></div>
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Solution Fall 2017</span></h3>
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<span style="font-family: "verdana" , sans-serif;">You can see the sample Solution file page preview below. and You can easily Download MTH202 GDB Solution File from the Download Button given below.</span><span style="font-family: "verdana" , sans-serif;"><br /></span><br />
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Solution Sample Preview</span></h4>
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<span style="font-family: "verdana" , sans-serif;">MTH202 GDB No 2 Solution Download Link</span></h4>
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MTH202 GDB No 2 Solution Fall 2017

MTH202 GDB No 2 Fall 2017 Dear Students, Here you can read or Download MTH202 - discrete mathematics GDB No 2 Solution and Discussion o...

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