GOVERNMENT INITIATIVES IN ENVIRONMENT PROTECTION — Commercial Studies STD 10 — Question

From the following trial balance of Mr. Roobex, prepare the final accounts of the year ended 31/12/2022.

	Debit(₹)	Credit(₹)
Freehold Land	60,000
Office and Factory Buildings	40,000
Purchase and Sales	1,20,000	2,05,000
Stock	30,000
Returns	3,500	5,500
Wages	9,000
Salaries	10,000
Office Expenses and Petties	1,400
Carriage on Purchases and Import Duty	2,200
Stationery and Printing Literature	2,750
Discounts		3,700
Bad Debts	1,200
Capital of Mr. Roobex		1,15,000
Loan from Miss Setalwad @ 10% (gainfully employed through the year)		15,000
Insurance	1,800
Sundry Debtors and Creditors	40,000	12,000
Interest Paid on Loan	1,500
Commission for Agency Work		1,600
Cash and Bank Balances	7,700
Investments	20,000
Petty Cash	250
Bills Receivable and Payable	9,000	2,000
Bad Debts Recovered		500
	3,60,300	3,60,300

Closing stock on 31.12.2022 was ₹56,000

Give any five reasons why people consider advertising social waste.

Discuss the importance of debentures and public deposits as sources of medium and short-term finance.

How would you combat the argument that advertising is untruthful, wasteful and unnecessary?

The following is the Trial Balance of Amrit Roy as on 31st December 2022:

	Debit (₹)	Credit(₹)
Capital		25,000
Building	30,000
Furniture	2,640
Scooter	4,000
Returns	2,300	1,600
Opening Stock	8,000
Purchases and Sales	33,800	56,040
Bad Debts	400
Carriage Inwards	600
General Expenses	1,200
Bad Debts Provision		700
Bank Loan		5,000
Interest on Bank Loan	300
Commission		900
Insurance and Taxes	2,000
Scooter Expenses	2,600
Salaries	4,400
Cash in Hand	2,000
Debtors and Creditors	3,000	8,000
	97,240	97,240

You are required to prepare the final accounts for the year ending 31st December 2022.
Closing Stock on 31.12.2022 was valued at ₹4,340.

Explain the meaning and importance of marine insurance.

What do you understand by Intellectual property Fraud? What steps can be taken to protect against such a fraud?

Prepare Trading, Profit and Loss A/c and Balance Sheet of M/s Banerjee Enterprises for the Year ended 31st March, 2023 from the following Trial Balance.

Trial Balance as on 31.03.2010
Heads of Accounts	Dr. (₹)	Cr. (₹)
Opening Stock	25,000
Purchases and Sales	75,000	2,00,00
Discounts	3,600	6,000
Debtors and Creditors	32,000	15,000
Bad debts	400
Cash-in-Hand	3,000
Machinery	50,000
Salaries	8,000
Carriage Inwards	2,000
Wages	6,000
Investments	20,000
Land and Building	90,300
Bank Overdraft		20,000
Commissions	1,350	3,510
Interest on Investments		2,000
Electricity	2,000
Rent	2,500
Insurance	1,800
Capital		76,440
	3,22,950	3,22,950

Closing stock was ₹10,360.

Explain various types of consumer exploitation.###What are the ways types of consumer are exploited

Discuss the concept and importance of fire insurance.