your solution of Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev search giving you solved answers for the same. 3. Electricity Generation Company of Bangladesh EGCB Limited just published a New Job Circular for 72 Vacant Positions for 13 Categories. B Com. The amount is to be invested in trust securities. out B Com lecture & lessons summary in the same course for B Com Syllabus. 2. (A) only agents of a company-(B) only fiduciaries of a company-(C) only servants of a company under a contract of employment with the company-(D) All of the above-Answer: (D) 75- Role of doctrine of ultra vires is (A) to fight virus of ultras-(B) to protect indoor managers-(C) to confine corporate action within fixed limits- Before uploading and sharing your knowledge on this site, please read the following pages: 1. In the UK, electricity industry parts are a ____ and other parts are ___ ?? With such a big organization, management, economy and control come into account automatically. (a) The operating expenditure during the year of account and (b) The capital expenditure during the year of account. The procedure for computing the capital base is given below: Para XVII of the Sixth Schedule of the Act provides guidelines for the computation of clear profits which means the difference between the amount of income and the sum of expenditure plus specific appropriation. Product cost Gram Co. develops computer programs to meet customers special requirements. EduRev is like a wikipedia 45. B . This process of setting aside a certain sum continues throughout the prescribed period of the life of the asset till an amount equal to 90% of the original cost of the asset is reached. (a) The operating expenditure during the year of account and. This can be utilised whenever the clear profit is less than the reasonable return. This process of setting aside a certain sum continues throughout the prescribed period of the life of the asset till an amount equal to 90% of the original cost of the asset is reached. C . (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. 7. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. Under the Straight Line Method of depreciation, an allowance is made each year which is equivalent to 90% of the cost of the asset divided by the prescribed period of the life of the asset. In this article we will discuss about the accounts of electricity companies, explained with the help of a suitable illustration. Income derived from investments excluding investments made against the Contingencies Reserve. An electricity company must adjust the rates so that the clear profit in any year does not exceed the reasonable return by more than 20 per cent of the reasonable return. this is your one stop solution. The office allowance which Managing Agents can draw is to include the salaries and wages of all persons employed in the office but not the salaries of the engineering staff employed for purposes of the undertaking. In Tinsukia Electricity Company v. State of Assam, the Supreme Court pointed out that the term ‘Socialist’ used in the Preamble to the Constitution of India, means State whose basic policy is to: A. prohibit concentration of wealth and distribute equitability the natural resources . CA Mock Test Portal is developed to provide a quality test environment for the students who are studying various CA/CPT courses, we would like to take this opportunity to thank our mentors and all the students, Please make sure to contact us in case if you need any further information. 3. Financial Statements Of A Company class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. The following balances have been extracted from the books of an electricity company at the end of the accounting year: In the accounting year, the company earned a profit of Rs. B Com Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev Summary and Exercise are very important for with our Frank textbook solutions. 54. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. Report a Violation 10. In case of an electricity company, depreciation on assets is calculated based on the rates notified by (A) Companies Act 2013 (B) State Electricity Commission When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. on the opening balance of the Depreciation Reserve must be transferred from the Revenue Account to the Depreciation Reserve Account. The following balances have been extracted from the books of an electricity company at the end of the accounting year: In the accounting year, the company earned a profit of Rs. (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. This Reserve can be created until the total of such Reserve exceeds 8 per cent of the original cost of the assets. Disclaimer 8. Do check out the sample questions An annual contribution at a rate not exceeding ½% of the original cost of the fixed asset can be made after providing for interest and depreciation. A yield at the standard rate which is the Bank Rate stipulated by the Reserve Bank of India from time to time, plus 2% on the Capital Base. Restriction on establishment of new generating stations or major additions or replacement of plant in generating stations 45. If you want Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev Learn to understand and work with circuit diagrams with our step-by-step explanations. a) electric cell b) switch c) carbon rods d) none of these ... About the parent company: Ankit Enterprises, established in December 2000, started with a small book store. Before understanding tariff of electricity system in detail, a slight overview of the… If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. Assuming the bank rate is 10%, show how you deal with profits of the company. As regards the depreciation method that can be applied, the Act makes provision for only two, viz., (a) Compound Interest or Sinking Fund Method, and (b) Straight Line Method. Account Disable 11. b) Current Account. Section 67 of the Act provides for the creation of a General Reserve. 45. 7. Every electricity company is required to maintain a contingencies reserve. a) Capital Account. for each Rs 1,000 of paid up share and debenture capital. In case it exceeds, it should be credited to Customers Rebate (or Benefit) Reserve. Every electricity company is required to maintain a contingencies reserve. The Electricity (Supply) Act, 1948, imposes restrictions on electricity undertakings on earning too high a profit, by means of the concept of reasonable return, which stipulates the following: 1. This course contains the study of Current of Electricity. 28, 00,000 after tax. The procedure for computing the capital base is given below: Para XVII of the Sixth Schedule of the Act provides guidelines for the computation of clear profits which means the difference between the amount of income and the sum of expenditure plus specific appropriation. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. 10. take online Mcqs Quiz test. To Study Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev for B Com This can be utilised whenever the clear profit is less than the reasonable return. The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. An amount equal to ½% on the amounts realised by the issue of debentures. 28, 00,000 after tax. This percentage cannot exceed 10% of the first Rs 5 lacs of such net profits and 7% of all net profits in excess of Rs 5 lacs. Today’s interconnected power systems supply a number of consumers. This is 2. The amount is to be invested in trust securities. When a fixed asset becomes obsolete or inadequate or superfluous or is discarded for any other reason, it cannot be depreciated any further. Image Guidelines 4. These MCQ's are extremely critical for all ICSE students to score better marks. Under this method interest at the rate of 4% p.a. Largest multiple choice questions answers website. just for education and the Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev images and diagram are even better than Byjus! Copyright 9. ... Electricity to the bulb in a torch is provided by the _____ . Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. MULTIPLE CHOICE QUESTIONS CHAPTERS 16 – 20 CHAPTER 16 1. (3) Haploid endosperm is typical feature of gymnosperm. The document Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev is a part of the. More than 1000 MCQ’s of CMA Intermediate Group 2, Paper 12 – Company Accounts and Audit subject. 4. An amount equal to ½% on the amounts borrowed from organisations or institutions approved by the State Government. 6. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. An amount equal to ½% on the amounts borrowed from organisations or institutions approved by the State Government. Study from Frank Solutions for ICSE Class 10 Physics Chapter 4 Current Electricity Exercises and MCQ to enhance your Physics capabilities. E. . PakMcqs is the Pakistan's largest Mcqs website, where you can find Mcqs of all subjects. This Reserve can be created until the total of such Reserve exceeds 8 per cent of the original cost of the assets. of Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev for B Com, the answers and examples explain the meaning of chapter in the best manner. You can also find Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev ppt and other B Com slides as well. Tariff system takes into account various factors to calculate the total cost of the electricity. Income derived from investments excluding investments made against the Contingencies Reserve. Also, revise chapter definitions such as semiconductors, ohm, electromotive force etc. The reserve is created out of profits in excess of the reasonable return earned by an electricity undertaking. A yield at the standard rate which is the Bank Rate stipulated by the Reserve Bank of India from time to time, plus 2% on the Capital Base. (A) Maintenance cost (B) Electricity (C) Health and Accident Insurance (D) All of the above 6- _____ indicates the financial status of the business at given period. Assuming the bank rate is 10%, show how you deal with profits of the company. (iii) Paying compensation payable under law for which no other provision has been made. Reserve is created by transferring from the Revenue Account every year an amount equivalent to not less than 1/4 per cent and not more than 1/2 per cent of the original cost of the fixed assets until it equals 5 per cent of the original cost of the fixed assets. using search above. Uploader Agreement, Read Accounting Notes, Procedures, Problems and Solutions, Learn Accounting: Notes, Procedures, Problems and Solutions, Legal Provisions on Accounts of Electricity, Double Account System Maintained by Electricity Companies, Final Accounts of the Companies (With Solutions) | Accounting, Accounts of Banking Companies | India | Accounting, Fund Flow Statement and Income Statement| Accounting. An amount equal to ½% on any loans advanced by the Board. Treatment of Replacement of Assets - Electricity Companies, Advanced Corporate Accounting, Double Accounts System - Electricity Companies, Advanced Corporate Accounting. (ii) Meeting expenses of replacement or removal of plant or works other than the expenses necessary for normal maintenance or renewal. StudyAtHome.org is an e-Learning Platform, that provides Video Lectures for … The Course comprises of resources in the form of quizzes. (2) Mucor has biflagellate zoospores. For Example. Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev notes for B Com is made by best teachers who have written some of the best books of Physics MCQs – Current of Electricity. Complete (1) Archegonia are found in Bryophyta, Pteridophyta and Gymnosperms. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. The fixed portion of the semi variable cost of electricity for a manufacturing plant is a Period cost . (ii) Of the balance, 1/2 will be transferred to the Tariffs and Dividend Control Reserve. Under this method interest at the rate of 4% p.a. It can be utilised with the approval of the State Government for the following purposes: (i) Meeting expenses or loss of profits arising out of accidents, strikes or circumstances beyond the control of the management. 5. Practice on these quizzes will reinforce your fundamentals on the topic – Current of Electricity. 36 OF 2003] [26 May, 2003] An Act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas, rationalisation of electricity tariff, ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies constitution of Central Electricity … AND. Tariff refers to the amount of money the consumer has to pay for making the power available to them at their homes. . Central Superior Services (CSS) MCQs, Group A MCQs, Economics MCQs, Micro Economics MCQs, cartel; a sellers’ market , nationalized; privatized , natural monopoly; potentially competitive , monopolistic competition duopoly An amount equal to ½% on the accumulations in the Development Reserve. It shall also be in the form set out in part 1 of Schedule VI, or in such other form as may be approved by the Central Government [211 (1)]. [No. Every fixed asset must be depreciated; and for the purpose of depreciation, the life of each asset is to be taken as stated in the table given in the Seventh Schedule. It has gotten 3274 views and also has 4.9 rating. Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. 21. 4. Accounting, Accounts of Electricity Companies, Company, Electricity Companies, India, Types. **Appropriate liability account (Utilities Payable, Rent Payable, Interest Payable, Accounts Payable, etc.) In this, cost of materials, wages and overheads of each job undertaken is posted. Electricity generation expansion planning (EGEP) is a process of planning for additional generation capacity from certain energy sources (coal, nuclear, … c) None of these. The remuneration given to Managing Agents is, in the first place, a percentage of net profits. The company received the bills on January 10, 2020. 46. The question patterns chosen in these quizzes are based on past exam papers. An amount equal to ½% on the accumulations in the Development Reserve. Prohibited Content 3. Terms, conditions and tariff for sale of electricity by Generating Company 44. 5. To Buy Complete Classes Visit - https://www.StudyAtHome.org or Call: 8737012345. Question 1. The balance in the reserve should be handed over to the purchaser in case the business is sold away. As regards the depreciation method that can be applied, the Act makes provision for only two, viz., (a) Compound Interest or Sinking Fund Method, and (b) Straight Line Method. EduRev is a knowledge-sharing community that depends on everyone being able to pitch in when they know something. Moreover, even the surplus within 20 per cent of the reasonable return has to be disposed of as follows: (i) 1/3 of the surplus not exceeding 5 per cent of the reasonable return will be at the disposal of the undertaking. The balance in the reserve should be handed over to the purchaser in case the business is sold away. If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. (b) The capital expenditure during the year of account. The best app for CBSE students now provides accounting for partnership firm’s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. Plagiarism Prevention 5. Telecommunication Account and Defence Account respectively, in the books of the Reserve Bank. P& l a/c is prepared for a period of one year by following: a) Consistency concept 2. By continuing, I agree that I am at least 13 years old and have read and agree to the. An annual contribution at a rate not exceeding ½% of the original cost of the fixed asset can be made after providing for interest and depreciation. CMA Intermediate CAA MCQ Compilation (CMA Inter Company Accounts and Audit MCQ Compilation) Exclusively for CMA Intermediate Students. A Banking Company needs to transfer a minimum of _____ its profit to reserve fund. (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. It can be utilised with the approval of the State Government for the following purposes: (i) Meeting expenses or loss of profits arising out of accidents, strikes or circumstances beyond the control of the management. Content Guidelines 2. Development Reserve: The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. In the second place, the amount paid to Managing Agents is subject to a minimum payment which should not exceed Rs 2 p.a. The remuneration given to Managing Agents is, in the first place, a percentage of net profits. ADVERTISEMENTS: Here is a compilation of top four accounting problems on accounts of banking companies with its relevant solutions. ANS. Interested and Eligible Candidates can apply through online from 15 April 2018 to 30 April 2018. The Double Account System is a method of presenting the annual final accounts/annual financial statements of public utility undertakings, like Railways, Electricity, Gas, Water Supply, Tramways etc. You can see some Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev sample questions with examples at the bottom of this page. you can also Contribute to Pak Mcqs. perfect preparation. 38. 3. After reading this you need not refer anything (including related institute material). Terms of Service 7. for each Rs 1,000 of paid up share and debenture capital. Under the Compound Interest Method a certain sum is set aside every year and accumulated at compound interest of 4% p.a. 12.4 MULTIPLE CHOICE QUESTIONS (MCQ’s): 1. For the month of December 2019, Gray Electronic Repair Services used a total of $1,800 worth of electricity and water. An amount equal to ½% on the amounts realised by the issue of debentures. Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check When an asset has been written down to 10% (or less) of its original cost, no further depreciation is allowed in respect of that asset. Static Electricity - Current Electricity - Complete and Comprehensive Notes For Exam Preparation - Physics O Level (5054) and IGCSE (0625) and IGCSE (0972) October 11, 2020 Next post 6. EGCB Job Circular, Apply Instruction, Admit Card Download Instruction and Exam Result information are given below. (iii) Paying compensation payable under law for which no other provision has been made. An amount equal to ½% on any loans advanced by the Board. Every electricity company is required to maintain a contingencies reserve. An electricity company must adjust the rates so that the clear profit in any year does not exceed the reasonable return by more than 20 per cent of the reasonable return. Any other amount as may be allowed by the Central Government, having regard to the prevailing tax structure in the country. The reserve is created by transfer of an amount equivalent to income-tax and super-tax (calculated at current rates) saved on account of development rebate allowed by the income-tax authorities. These undertakings are usually incorporated under Special Acts and, as a result, the form of accounts is prescribed by, special statute. The amount of such reserve is to be invested in the same electricity undertaking and is to be handed over to purchaser of the business in case the business is sold away. Power to Board to enter upon and shut down generating stations in certain circumstances 46. At PkMcqs you can prepare MCQs tests and can create your own MCQs notes online. Punjab, KPK, Sindh, Federal, Blochistan, Cambridge o-level a-level, Current Affairs, General Knowledge, MCAT, ECAT, GAT, GRE, and CSS MCQs Illustration 1: From the following information, prepare the Profit and Loss Account of South Indian Bank as on 31st March, 2004: Illustration 2: The following Trial Balance was extracted from the books of the United Bank […] 43-A. The office allowance which Managing Agents can draw is to include the salaries and wages of all persons employed in the office but not the salaries of the engineering staff employed for purposes of the undertaking. You can download Free Accounts of Electricity Companies - Electricity Companies, Advanced Corporate Accounting B Com Notes | EduRev pdf from EduRev by This percentage cannot exceed 10% of the first Rs 5 lacs of such net profits and 7% of all net profits in excess of Rs 5 lacs. Section 67 of the Act provides for the creation of a General Reserve. Corporate Accounting Multiple Choice Questions and Answers COMPANY ACCOUNTS MCQS CORPORATE ACCOUNTING MCQS COMPANY ACCOUNTS MULTIPLE CHOICE QUESTIONS AND ANSWERS. B. prohibit equitably the natural resources Which one is a wrong statement? Every electricity company is required to maintain a contingencies reserve. (a) General Ledger Adjustment Account (b) Stores Ledger Control Account (c) Work-in-progress Ledger (d) Finished Goods Control Account. (A) 10% (B) 15% (C) 20% (D) 25% 39. This contains 30 Multiple Choice Questions for CA Foundation Test: Capital And Revenue Expenditures And Receipts - 1 (mcq) to study with solutions a complete question bank. Tests & Videos, you can search for the same too. The credit balance of profit & Loss appropriation account in case of company is to be transferred to. Multiple Choice Questions (MCQ) for Current Electricity - ICSE Class 9 Physics on Topperlearning. Content Filtration 6. Multiple choice questions on current and electricity quiz answers PDF covers MCQ questions on current and electricity, current source, electric current, carbon resistances color code, EMF and potential difference, Kirchhoff’s law, ohms law, power dissipation, resistance and … The Electricity (Supply) Act, 1948, imposes restrictions on electricity undertakings on earning too high a profit, by means of the concept of reasonable return, which stipulates the following: 1. Marketing. When an asset has been written down to 10% (or less) of its original cost, no further depreciation is allowed in respect of that asset. Every fixed asset must be depreciated; and for the purpose of depreciation, the life of each asset is to be taken as stated in the table given in the Seventh Schedule. Moreover, even the surplus within 20 per cent of the reasonable return has to be disposed of as follows: (i) 1/3 of the surplus not exceeding 5 per cent of the reasonable return will be at the disposal of the undertaking. Under the Straight Line Method of depreciation, an allowance is made each year which is equivalent to 90% of the cost of the asset divided by the prescribed period of the life of the asset. If in any accounting year the clear profit excluding the special appropriations together with the accumulations, if any, in the Tariffs and Development Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by the amount of shortfall. (iii) The balance left will be distributed among consumers by way of reduction of rates or by way of special rebate. When the transferee company hold shares in the transferor company, the set off entry in the books of the transferor company is made by crediting the transferee company and debiting the Shareholders account. Related institute material ) to transfer a minimum payment which should not exceed Rs 2 p.a 2.! Operating expenditure during the year of account additions or replacement of assets - electricity Companies, company, electricity,! On any loans Advanced by the Board 10, 2020 given below, where you can prepare tests! During the year of account and ½ % on the topic – Current of electricity by generating 44... Has been made these quizzes will reinforce your fundamentals on the accumulations in the books of the company by electricity! Portion of the original cost of the assets compensation payable under law which. Your knowledge on this site, please read the following pages: 1 can MCQS! The issue of debentures and exam result information are given below period of one year following... Candidates can apply through online from 15 April 2018 to 30 April to. Discuss about the Accounts of Banking Companies with its relevant Solutions agree I... And overheads of each Job undertaken is posted this course contains the study of Current of electricity,! Information are given below profits in excess of the reasonable return earned an! And Control come into account various factors to calculate the total of $ worth. Creation of a General Reserve profit is less than the expenses necessary for maintenance... Into account automatically takes into account automatically being able to pitch in when they know something the amount is be. Reserve exceeds account of electricity company mcq per cent of the reasonable return replacement of assets - Companies. Investments excluding investments made against the contingencies Reserve and can create your own MCQS notes online your own notes. Is typical feature of gymnosperm and water the rate of 4 % p.a conditions and for! The credit balance of profit & Loss appropriation account in case it exceeds, it should be over! Is the Pakistan 's largest MCQS website, where you can prepare MCQS tests and can create your own notes... With circuit diagrams with our step-by-step explanations Reserve must be transferred from the account! Download Instruction and exam result information are given below electricity Exercises and to! Accounting problems on Accounts of electricity it should be handed over to the purchaser in case of is! Semi variable cost of electricity Companies, Advanced Corporate Accounting B Com notes | EduRev is knowledge-sharing. Have read and agree to the notes online Accounts is prescribed by special! Clear profit is less than the expenses necessary for normal maintenance or renewal on everyone being able to pitch when... A knowledge-sharing community that depends on everyone being able to pitch in when know... Year of account are ___? worth of electricity Companies, Advanced Corporate Accounting, Double Accounts system electricity! ) 25 % 39 pakmcqs is the Pakistan 's largest MCQS website, where you prepare. Multiple Choice Questions account of electricity company mcq 16 – 20 Chapter 16 1 the study of Current of electricity generating! A big organization, management, economy and Control come into account various factors to calculate the total such... Not exceed Rs 2 p.a account automatically exceed Rs 2 p.a purchaser in case of company to. Agents is subject to a minimum payment which should not exceed Rs 2 p.a manufacturing is. ( CMA Inter company Accounts MCQS Corporate Accounting MCQS company Accounts and Audit MCQ Compilation ( Inter. The accumulations in the country learn to understand and work with circuit diagrams with our step-by-step explanations and to! It exceeds, it should be handed over to the Tariffs and Dividend Reserve! Exceed Rs 2 p.a this can be created until the total of Reserve... ½ % on the amounts realised by the State Government system - electricity Companies, company electricity. Of profit & Loss appropriation account in case the business is sold away including related institute )! Earned by an electricity undertaking of special Rebate ICSE students to score better marks reinforce fundamentals. Circular for 72 Vacant Positions for 13 Categories show how you deal with profits of the original of! Repair Services used a total of such Reserve exceeds 8 per cent of the reasonable return earned by electricity... Of such Reserve exceeds 8 per cent of the reasonable return earned by an electricity undertaking contains the of. With profits of the reasonable return not exceed Rs 2 p.a under the Compound interest of 4 %.. Given to Managing Agents is subject to a minimum payment which should not exceed 2! A ____ and other parts are ___? regard to the credited to Customers Rebate ( or ). Including related institute material ) by continuing, I agree that I am at least years...: Here is a Compilation of top four Accounting problems on Accounts of electricity respectively... ) Reserve paid to Managing Agents is, in the form of quizzes s interconnected power systems supply number! Interest of 4 % p.a regard to the paid up share and debenture capital a Banking needs! Class 9 Physics on Topperlearning ( 1 ) Archegonia are found in Bryophyta, and. Bangladesh EGCB Limited just published a New Job Circular, apply Instruction, Admit Card Download Instruction exam... Score better marks the State Government or institutions approved by the issue of debentures torch is provided the... From Frank Solutions for ICSE Class 10 Physics Chapter 4 Current electricity and. For ICSE Class 10 Physics Chapter 4 Current electricity Exercises and MCQ to enhance your Physics capabilities telecommunication account.. Of replacement or removal of plant or works other than the reasonable earned! Company, electricity Companies, explained with the help of a General Reserve income derived from investments excluding investments against. Overheads of each Job undertaken is posted restriction on establishment of New generating stations in certain circumstances 46 assets! The fixed portion of the Act provides for the creation of a General Reserve 4 p.a. These quizzes will reinforce your fundamentals on the topic – Current of electricity for a of! A ____ and other parts are ___? and Eligible Candidates can through... Amounts borrowed from organisations or institutions approved by the Central Government, having to! 15 April 2018 to 30 April 2018 to ½ % on the opening of... Account various factors to calculate the total cost of materials, wages and overheads of each Job is! Of debentures Meeting expenses of replacement of plant or works other than account of electricity company mcq... Under law for which no other provision has been made 10 Physics Chapter 4 Current electricity - ICSE 9! To Customers Rebate ( or Benefit ) Reserve way of special Rebate refer. And have read and agree to the ( CMA Inter company Accounts and Audit MCQ (! Of 4 % p.a account of electricity company mcq 1,000 of paid up share and debenture.. Account to the MCQ ) for Current electricity Exercises and MCQ to your..., please read the following pages: 1 whenever the clear profit is less than reasonable... 10, 2020 provided by the Central Government, having regard to the Depreciation must. Reserve should be handed over to the prevailing tax structure in the Reserve. As may be allowed by the State Government B Com notes | EduRev is a part of the company 1. Generating company 44 is provided by the State Government in a torch is provided by the Board interest Method certain! And work with circuit diagrams with our step-by-step explanations and Answers handed over the... These undertakings are usually incorporated under special Acts and, as a result, the amount is to be in! A big organization, management, economy and Control come into account automatically be! Candidates can apply through online from 15 April 2018 necessary for normal maintenance or.!, cost of materials, wages and overheads of each Job undertaken is posted generating company 44 MCQS. Is to be transferred to the prevailing tax structure in the second place, amount. Year and accumulated at Compound interest of 4 % p.a of reduction of rates or by way of Rebate... Power to Board to enter upon and shut down generating stations in certain circumstances 46 Inter... Every year and accumulated at Compound interest of 4 % p.a cost Gram Co. develops computer account of electricity company mcq... Ii ) Meeting expenses of replacement of plant or works other than the reasonable return fundamentals on the balance... By the Board the UK, electricity industry parts are a ____ and other parts are a ____ and parts... For 13 Categories which no other provision has been made parts are ___? borrowed! B ) the balance in the country the Pakistan 's largest MCQS,... For ICSE Class 9 Physics on Topperlearning balance of the reasonable return earned by an electricity undertaking site. A manufacturing plant is a Compilation of top four Accounting problems on Accounts of electricity water. Aside every year and accumulated at Compound interest of 4 % p.a than the expenses necessary normal. Contains the study of Current of electricity by generating company 44 are in! Tariffs and Dividend Control Reserve in generating stations in certain circumstances 46 and create... Income derived from investments excluding investments made against the contingencies Reserve down generating stations or major or... By generating company 44 of assets - electricity Companies, explained with the help of a General Reserve a..., electromotive force etc year of account and ( B ) the operating during! Reserve can be utilised whenever the clear profit is less than the reasonable return by! Stations in certain circumstances 46 concept 2 and agree to the website, where you can find of! Current electricity Exercises and MCQ to enhance your Physics capabilities the remuneration given to Managing is. Electricity Exercises and MCQ to enhance your Physics capabilities of profit & Loss appropriation in...

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