Expense Management | MCQs

Explanation

Junaid starts with Rs. 600.

He gives one-fourth (1/4) to Awais:

Amount given to Awais = 600 * (1/4) = Rs. 150

Remaining amount = 600 - 150 = Rs. 450

He then gives half of the remaining amount to Hamza:

Amount given to Hamza = 450 * (1/2) = Rs. 225

Remaining amount = 450 - 225 = Rs. 225

The amount left with Junaid is:

Rs. 225

Explanation

Hamza gives 1/5 of 500 = Rs. 100 to Adil, leaving Rs. 400.

He then gives half of 400 = Rs. 200 to Bilal, so he is left with Rs. 200.

Explanation

Expenses of items like newspapers, coal, ice, and stationery are typically recorded in the Contingent Register. This register is used to keep track of various miscellaneous expenses and contingencies incurred by an organization.