Virtual Study Solutions: MGT101 Quiz no 2

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<span style="font-family: Trebuchet MS, sans-serif;">MGt101 Quizz No. 02 Fall 2016 </span></h3>
<span style="font-family: Trebuchet MS, sans-serif;">Here are the some helping material for MGT101 Online Quiz No 02 Solution and Discussion Due Date:06-12-2016. Dear Virtual University Students. As You may know Quiz no. 02 was opened on December 1, 2016 and last date to attempt quiz is be December 6, 2016.</span><div>
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<span style="font-family: Trebuchet MS, sans-serif;"><b>Also Read:</b> <a href="http://virtualstudysolutions.blogspot.com/2016/11/mgt101-short-notes-for-mid-term-papers.html">MGT101 short notes for Mid term papers</a></span><div>
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<span style="font-family: Trebuchet MS, sans-serif;"><span style="font-size: large;">Download MGt101 Quiz No. 02 Solution</span></span></h4>
<span style="font-family: Trebuchet MS, sans-serif;"><ul style="text-align: left;">
<li><a href="http://vustudents.ning.com/group/mgt101financialaccounting1/forum/attachment/download?id=3783342%3AUploadedFile%3A5689465">MGT101 Quiz_No_2_Fall 2016.pdf</a>, 229 KB</li>
<li><a href="http://virtualstudysolutions.blogspot.com/2016/11/mgt101-quiz-no-01-solution-discussion.html">MGT101 Quiz No 01 Solution and Discussion Fall 2016</a></li>
</ul>
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<span style="font-family: Trebuchet MS, sans-serif;">MGt101 Quizz No. 02 Solved Questions:</span></h3>
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<span style="font-family: Trebuchet MS, sans-serif;">Here are few questions that came in today quiz with answers.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">Which of the following are recorded in Cash Book?</span><ul style="text-align: left;">
<li><span style="font-family: Trebuchet MS, sans-serif;">Receipts and payments</span></li>
</ul>
<span style="font-family: Trebuchet MS, sans-serif;">A wrong entry on the debit side of the Cash Book would lead to:</span><ul style="text-align: left;">
<li><span style="font-family: Trebuchet MS, sans-serif;">Cash Book showing more Balance</span></li>
</ul>
<span style="font-family: Trebuchet MS, sans-serif;">Which of the following account summarizes the profitability of business for a specific accounting period?</span><ul style="text-align: left;">
<li><span style="font-family: Trebuchet MS, sans-serif;">Profit & Loss account</span></li>
</ul>
<span style="font-family: Trebuchet MS, sans-serif;">Which of the following is NOT considered a part of financial statements?</span><ul style="text-align: left;">
<li><span style="font-family: Trebuchet MS, sans-serif;">General Journal</span></li>
</ul>
<span style="font-family: Trebuchet MS, sans-serif;">If Salaries Rs. 12, 000, Rent Rs. 5,000, Gross profit Rs. 58,000 and Discount received Rs. 10, 000. What will be the amount of Net Profit?</span><ul style="text-align: left;">
<li><span style="font-family: Trebuchet MS, sans-serif;">51000</span></li>
</ul>
<span style="font-family: Trebuchet MS, sans-serif;">Which of the following is fiscal Year of Government of Pakistan?<br /><ul style="text-align: left;">
<li>1st july to 30th june</li>
</ul>
In case of Income and Expenditure account, Excess of income over expenses in a specified accounting period is called:<br /><ul style="text-align: left;">
<li>surplus</li>
</ul>
surplus = income > expenses<br /><br />What will be debited, if business purchased Vehicle on cash?<br /><ul style="text-align: left;">
<li>vehicle a/c</li>
</ul>
Cost of goods manufactured + opening finished goods – ending finished goods =?<br /><ul style="text-align: left;">
<li>cost of goods sold</li>
</ul>
What will be debited, if business bought goods on credit from Mr. Ali<br /><br /><ul style="text-align: left;">
<li>purchase a/c</li>
</ul>
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<span style="font-family: Trebuchet MS, sans-serif;"><b>Also Read: </b><a href="http://virtualstudysolutions.blogspot.com/2016/08/mgt101-solved-material-mega-folder.html">MGT101 Solved Material Mega Folder</a></span><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5wOc1W3Tmli8zQInmqrnoGAZ53MDrhlHqclv8PTkeEe0_yDN8DhBd7fvlrqJuzDqdBuv2MO_VECWZebHnYEUVEliNUzeRQgXDr-z6nx3M2C3xUPq7Xo_1GK2_UlOIKfZ4-_4cPfZ_9fE/s1600/14715469_278481215887207_421140505684169672_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 1" border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5wOc1W3Tmli8zQInmqrnoGAZ53MDrhlHqclv8PTkeEe0_yDN8DhBd7fvlrqJuzDqdBuv2MO_VECWZebHnYEUVEliNUzeRQgXDr-z6nx3M2C3xUPq7Xo_1GK2_UlOIKfZ4-_4cPfZ_9fE/s640/14715469_278481215887207_421140505684169672_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 1" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 1</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXmGmBw57hPrWGlssPJvPhZGYReij6irgRKyPhtdLvofMUJu9ZjgdEplabW3c4rhjwoQpHcK_dgWgQWbo8qOLvQhib0uVTKjCy9-Junbrbo1GafCDuCwZh_8_wpO6sDpr6wZfAduU7_s4/s1600/15288706_278481405887188_3961384403460857331_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 2" border="0" height="244" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXmGmBw57hPrWGlssPJvPhZGYReij6irgRKyPhtdLvofMUJu9ZjgdEplabW3c4rhjwoQpHcK_dgWgQWbo8qOLvQhib0uVTKjCy9-Junbrbo1GafCDuCwZh_8_wpO6sDpr6wZfAduU7_s4/s640/15288706_278481405887188_3961384403460857331_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 2" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 2</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQzFR6BwTAOQHyzNjfLUum1_JkTRO-e2cs8LMafMOnNmUtDKBoae6fasHuCqG20EEXsFrtEnu4UGbZfPJk0bRsqsNGOpTW7fs4HASlqKl33LeskO5r9U6bobxh2_rK4mpVXHzKEy86UqA/s1600/15289084_278480852553910_6213093038002781751_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 3" border="0" height="260" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQzFR6BwTAOQHyzNjfLUum1_JkTRO-e2cs8LMafMOnNmUtDKBoae6fasHuCqG20EEXsFrtEnu4UGbZfPJk0bRsqsNGOpTW7fs4HASlqKl33LeskO5r9U6bobxh2_rK4mpVXHzKEy86UqA/s640/15289084_278480852553910_6213093038002781751_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 3" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 3</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZFW9TR9X01hDNmt1Dej_3uCmFLFcvnLoVzsc3_d9QyvSGi9GnQFPCJxY5Qwxxn9rnOIKZ_wVwKftrycWbyh7Mou6_xD7npfijo841xubeuG8cG1RO6_7sK4_Q4EKaGbCQHrrMs2CRNjE/s1600/15304488_278482615887067_1978894768174119031_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 4" border="0" height="242" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZFW9TR9X01hDNmt1Dej_3uCmFLFcvnLoVzsc3_d9QyvSGi9GnQFPCJxY5Qwxxn9rnOIKZ_wVwKftrycWbyh7Mou6_xD7npfijo841xubeuG8cG1RO6_7sK4_Q4EKaGbCQHrrMs2CRNjE/s640/15304488_278482615887067_1978894768174119031_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 4" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 4</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBrvkSKcPw1HEjcCFup4r0Rm3j2HpJg2yaPECE6Ky-5MsZYEDnOnqRm1TObcW0uhxuBculWYHUHGXQeE7lkp7WbxtLWWWMSGG5JzuRil1w7VzMw0_c_VYF0kXVRAs-xtPGowLN7OyEgxE/s1600/15369276_278480745887254_5458188878832156268_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 5" border="0" height="272" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBrvkSKcPw1HEjcCFup4r0Rm3j2HpJg2yaPECE6Ky-5MsZYEDnOnqRm1TObcW0uhxuBculWYHUHGXQeE7lkp7WbxtLWWWMSGG5JzuRil1w7VzMw0_c_VYF0kXVRAs-xtPGowLN7OyEgxE/s640/15369276_278480745887254_5458188878832156268_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 5" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 5</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxC9iuXIrqMappJustnFFwUzQPYllCI6gKhe7i4KpDMxaZ9R-Pljz6CkP4LMA3WWIr48KudHMNISL7iMxQ3jjRm7AUvRHrSMBSS_ezOufU3OfJNh7hRju-zfhFejFnR1_EFqxuHmwiqAo/s1600/15391425_278481572553838_8316778288710717807_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 6" border="0" height="258" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxC9iuXIrqMappJustnFFwUzQPYllCI6gKhe7i4KpDMxaZ9R-Pljz6CkP4LMA3WWIr48KudHMNISL7iMxQ3jjRm7AUvRHrSMBSS_ezOufU3OfJNh7hRju-zfhFejFnR1_EFqxuHmwiqAo/s640/15391425_278481572553838_8316778288710717807_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 6" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 6</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6xIlBP08khPaZqxd60CilV7iV_CNjy6sUCBKOiMv1_m92L41WqZD8FyE3fQIt0bmfC2cN9-NyWOdfD_Oxx0pJipgEoJDpeyETA8BXiPV9gDYU-ZNA2M6IQ-rbP92IIWqD1xS6j9LGNkQ/s1600/15392903_278480862553909_5053033762293642580_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 7" border="0" height="270" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6xIlBP08khPaZqxd60CilV7iV_CNjy6sUCBKOiMv1_m92L41WqZD8FyE3fQIt0bmfC2cN9-NyWOdfD_Oxx0pJipgEoJDpeyETA8BXiPV9gDYU-ZNA2M6IQ-rbP92IIWqD1xS6j9LGNkQ/s640/15392903_278480862553909_5053033762293642580_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 7" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 7</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1JYQ7IxFEPj39BdIdtyfwFMAv4O5LJ0J63besprHbbel8wjzaWNyb2N_zaC-Yk3UFZfvNKdOd9XOUxUJQctjO1j549eAgpyjH2ZwTdvak5n-lSSKBGrBvLBeqFhEO9Oo1_k49pcxF3lw/s1600/15392925_278481429220519_5846282042757823993_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 8" border="0" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1JYQ7IxFEPj39BdIdtyfwFMAv4O5LJ0J63besprHbbel8wjzaWNyb2N_zaC-Yk3UFZfvNKdOd9XOUxUJQctjO1j549eAgpyjH2ZwTdvak5n-lSSKBGrBvLBeqFhEO9Oo1_k49pcxF3lw/s640/15392925_278481429220519_5846282042757823993_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 8" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif; font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 8</span></td></tr>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnuam7MRL1XuCgFkSpdXQHigLcwNGQgM9sRcGcTPEIBn3lnOpJge8Ns9ITPcfoU-9hePZsqf7InVbHSYBbybK6FG-wt7FyZl4ckBploiBKlZHSDYqglDbtkqcz9ikZIJzzRU_QstVIG4s/s1600/15403669_278482612553734_385280063135101282_o.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Trebuchet MS, sans-serif;"><img alt="MGt101 Quizz No. 02 Fall 2016 Screenshot 9" border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnuam7MRL1XuCgFkSpdXQHigLcwNGQgM9sRcGcTPEIBn3lnOpJge8Ns9ITPcfoU-9hePZsqf7InVbHSYBbybK6FG-wt7FyZl4ckBploiBKlZHSDYqglDbtkqcz9ikZIJzzRU_QstVIG4s/s640/15403669_278482612553734_385280063135101282_o.jpg" title="MGt101 Quizz No. 02 Fall 2016 Screenshot 9" width="640" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Trebuchet MS, sans-serif;"><span style="font-size: small;">MGt101 Quizz No. 02 Fall 2016 Screenshot 9</span></span></td></tr>
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<span style="font-family: Trebuchet MS, sans-serif;"><span style="font-family: "verdana" , sans-serif;"><br />You Can Also Download </span><b style="font-family: Verdana, sans-serif;"><a href="http://virtualstudysolutions.blogspot.com/p/midterm-papers.html">Solved Mid Term Papers</a></b><span style="font-family: "verdana" , sans-serif;">, </span><b style="font-family: Verdana, sans-serif;">Short Notes</b><span style="font-family: "verdana" , sans-serif;">, <b><a href="http://virtualstudysolutions.blogspot.com/p/assignments.html">Assignment Solutions</a></b>, </span><b style="font-family: Verdana, sans-serif;">Lecture Wise Questions Answers Files</b><span style="font-family: "verdana" , sans-serif;">, </span><b style="font-family: Verdana, sans-serif;">Solved MCQs</b><span style="font-family: "verdana" , sans-serif;">, </span><b style="font-family: Verdana, sans-serif;"><a href="http://virtualstudysolutions.blogspot.com/p/quiz.html">Solved Quiz</a></b><span style="font-family: "verdana" , sans-serif;"> , </span><b style="font-family: Verdana, sans-serif;">Solved Mid Term Subjective Papers</b><span style="font-family: "verdana" , sans-serif;"> , </span><b style="font-family: Verdana, sans-serif;">Solved Mid Term Objective Papers</b><span style="font-family: "verdana" , sans-serif;"> From This Discussion For Preparation Mid Term Papers of Fall 2015-16.</span></span></div>
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MGt101 Quiz No. 02 Solution and Discussion Fall 2016

MGt101 Quizz No. 02 Fall 2016 Here are the some helping material for MGT101 Online Quiz No 02 Solution and Discussion Due Date:06-12-201...

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MGt101 Quiz No. 02 Solution and Discussion Fall 2016

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