MGT101 Assignment No 1 Solution Spring 2022

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Today, I’m sharing with you the solution for MGT101 Assignment No 1 Solution Spring 2022 of Virtual University(VU), which is the first Assignment of the course. For the most up-to-date assignment solutions, make sure to keep checking back to StudySolution. If you come across any GDB solutions for the Fall of 2021, please visit our GDB section to navigate to the Fall GDB Solution page. You can leave a comment below and we will do our best to respond as soon as we can.

MGT101 Assignment No 1 Solution Spring 2022

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Assignment No 1

Spring 2022

Please Note:

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  • If you submit the same file as before, you will receive zero marks.

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MGT610 GDB No 1 Solution Spring 2022

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MGT101 ASSIGNMENT 1 SOLUTION SPRING 2022 

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Table of Contents

MGT101 ASSIGNMENT 1 SOLUTION SPRING 2022 

Due Date: 3 June 2022 Total Marks: 15
Most Important   FORMATTING GUIDELINES: Use the font style “Times New Roman” or “Arial” and font size “12”. It is advised to compose your document in MS-Word format. You may also compose your assignment in Open Office format. Use black and blue font colors only. Question 1: Some Sub-accounting Heads are given in first column. Write the appropriate main Heads of account in second column against each Sub-accounting Head mentioned in first column from the following main Heads of account:
  • Real Account
  • Nominal Account
  • Personal Account
Question 2: ABC & Sons showed balances of cash in hand Rs. 190,000, Cash at bank Rs. 160,000, Furniture Rs. 110,000, Accounts receivables Rs. 35,000 and Short term loan Rs. 70,000 as on 1st May 2022. Some transactions of ABC & Sons for the month of May 2022 are given below.

CASH in hand A/C

Cash at Bank A/C

Furniture A/C

Debtors A/C

Short Term Loan A/C

Creditors A/C

PLEASE NOTE:

Don’t copy-paste the same answer.

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MGT101 Assignment 1 Solution Spring 2022

MGT101 Assignment 1 Solution in the spring of 2022: A grace period of 24 hours after the due date is usually available to overcome loading difficulties.

MGT101 Assignment 1 Solution in the spring of 2022: A grace period of 24 hours after the due date is usually available to overcome loading difficulties. This extra time should only be used to meet emergencies and the deadlines mentioned above should always be considered as a last resort to avoid any disruption.

Question 1:

Some Sub-accounting Headings are provided in the first column. List the appropriate major Account Heads in the second column against each sub-head of the account mentioned in the first column in the following main Account Heads.

  • Real Account
  • Name Account
  • Personal account

Question 2:

ABC and the sons showed the balance of money in the hand of Rs. 190,000, Bank money Rs. 160,000, Furniture Rs. 110,000, Receivable Accounts Rs. 35,000 plus short-term loans Rs. 70,000 from 1 May 2022. Further transactions for ABC and Children for May 2022 are provided below.

Important Command:

  • Find help online to gather information.
  • Carefully watch for relevant talks and get in touch with relevant material from handouts and recommended books.
  • Try the assignment alone and you will enjoy it well.
  • Be sure to upload the resolution file before the due date in VULMS.
  • Any email submissions after the due date will not be accepted.

Work Resolution File File Uploaded Within 2 Days Please Wait

ALSO SEE; MKT501 GDB SOLUTION SPRING 2022

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Don’t Copy-paste The Same Answer Please Make Some Changes Within The Solution File. You Have Got To Form Your Solution File By Yourself Because Everyone Cannot Submit Same Solution File Kindly Make Some Changes Otherwise Are Mark Zero. So Please Make Some Changes Within The Solution File.

MGT101 Assignment 1 Solution 2022

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MGT101 Assignment 1 Spring 2022

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MGT101 Assignment No 1 Solution Fall 2022 

Are you looking for MGT101 assignment No 1 solution fall 2022 ? then you are at the right place. 

Welcome to VU Study Solutions  

MGT101 Assignment No 1 Solution Fall 2022

Today in this post we will share the solution of mgt 101 assignment 1 fall 2022. This is the 1 assignment of this course. Financial Accounting book has subject code MGT101 in Virtual University of Pakistan. For getting up to date assignment solution keep visiting vustudysolutions.  

Vu Study Solutions is one of the best educational and helping platform. We provide our services free of cost. Professional experts prepare the solution of the assignment. Assignment solutions are accurate and reliable but you found any error or issue in the solution file then let us know so we update them as quickly as possible.  

If you are here for GDB Solution then check GDB Solution section of this website. We provide solution of GDB and you may ask for the solution of GDB. We will try our best to respond and answer you as soon as we can.

Expert and professionals has created this solution of mgt101 assignment. You can get idea from this solution and use in your assignment. For getting good marks hear the related lectures of mgt101 book. You can also get help from internet and from yours seniors as well. By getting this help you will better understand the concepts of Financial Accoounting which will help you in the papers as well.

Things To Consider Before Submitting MGT101 Assignment No 1 Solution Fall 2022 

Copy and pasting will give you zero marks as it is not allowed.

Get idea from the solution and prepare your own solution.

Do not share your assignment solution to others.

Check and Follow the instructions given in the assignment in preparing the assignment.

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    Plant & machinery account? Note: You must follow the above tabular format to fill the miscolumn. sing particulars of second ABC & Sons showed balances of cash in hand Rs. 190,000, Cash at bank Rs. 160,000, Furniture Rs. 110,000, Accounts receivables Rs. 35,000 and Short term loan Rs. 70, as on 1stMay 2022.

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    Solution: Question 2: ABC & Sons showed balances of cash in hand Rs. 190,000, Cash at bank Rs. 160,000, Furniture Rs. 110,000, Accounts receivables Rs. 35,000 and Short term loan Rs. 70,000 as on 1st May 2022. Some transactions of ABC & Sons for the month of May 2022 are given below. Solution: CASH in hand A/C Cash at Bank A/C Furniture A/C

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