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MGT 101 assignments solution

Question No. 1

Sr. No.
Assets = Liabilities + Capital
1
Rs. 35,000 = Rs. 12,000 + 23,000
2
Rs. 40,000 = Rs.26,400+ Rs. 13,600
3
Rs.54,000 = Rs. 9,000 + Rs. 45,000
Total
Rs. 129,000 = Rs. 47,400 + Rs. 81,000


Question No. 2

S. No.
Transactions
Nature of expenditure
1
Merchandise purchase for cash
Capital Expenditure
2
Paid rent of the building
Revenue Expenditure
3
Commission paid to the workers
Revenue Expenditure
4
Cost of acquiring the patent rights
Capital Expenditure
5
Installation cost of the machinery
Capital Expenditure

Question No. 3

S. No.
Transactions
Type of Assets
1
Raw Material / Stores
Tangible
2
The Technology of information and database
Tangible
3
Abilities and innovations of the employers
Non-Tangible
4
The money – Cash at Bank
Non-Tangible