Jagran Josh Logo
You have installed Ad Blocker. Please Remove and Refresh the Page

UGC NET / JRF Commerce Question Paper– III:December 2012

The University Grant Commission (UGC) conducted the National Eligibility Test (UGC NET/ JRF) for Junior Research Fellowship and Eligibility for Lectureship in December 2012.

1. In accounting, profit prior toincorporation is treated as
(A) Revenue Reserve
(B) Secret Reserve
(C) Capital Reserve
(D) General Reserve

2. Receipts and Payments Account is prepared by
(A) Manufacturing concerns
(B) Non-Trading concerns
(C) Trading concerns
(D) Companies registered under Companies Act, 1956

3. Owners equity stands for
(A) Fixed Assets minus Fixed Liabilities.
(B) Fixed Assets minus Current Liabilities.
(C) Current Assets minus Fixed Liabilities.
(D) Total Assets minus Total outside Liabilities.

4. When the Debt Turnover Ratio is 4, what is the average collection period ?
(A) 5 months
(B) 4 months
(C) 3 months
(D) 2 months

Click Here to find Commerce Question Paper December 2012 complete question paper

Highlights
  • Citing safety concerns, non-Kashmiri students demand
  • They are also calling for action against cops who lathicharged students
  • NIT campus has been tense since students clashed over Indias T20 defeat

Post Comment
Suggested Colleges
  • Latest
  • Popular

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • By clicking on Submit button, you agree to our terms of use
    ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

Stay Connected

Subscribe Newsletter

Straight To Your Inbox
or
LikeJagranjosh on Facebook!
Newsletter Signup
Follow us on