MGT 101 assignments solution

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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