- The document discusses the Afterscho☺ol Centre for Social Entrepreneurship and its PGPSE program, the most comprehensive program in social and spiritual entrepreneurship. - The program is open and free for all, and aims to develop social entrepreneurs and change makers through flexible learning options including distance learning. - It covers topics like social development, rural transformation, education, and various industry sectors through case studies, workshops, and projects.

1. ACCOUNTING FOR BUSINESS AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

2. ACCOUNTING FOR BUSINESS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk , www.afterschoool.tk

4. Goti drew an accommodation bill on Monu for Rs. 2 Lakh and discounted it from bank @10% for 3 months. Monu also drew an accommodation bill on Goti of Rs. 5 Lakh and got it discounted @12% for 6 months. What is the net amount to be paid by whom, what commission will they bear?

6. Z Ltd. issued 10,000 shares of Rs.10 each. The called up value per share was Rs.8, The company forfeited 200 shares of Mr. A for non-payment of 1st call money of Rs.2 per share. He paid Rs.6 for application and allotment money. On forfeiture, the share capital account will show balance of ?

8. S draws 2 bills of exchange on 1.1.06 for Rs 3,000 and Rs 5,000 respectively. The bill of exchange for Rs 3,000 is for 2 months, while the bill of exchange for Rs 5,000 is for 3 months. These bills are accepted by K. On 4.3.06 K requests S to renew the first bill with interest at 18% p.a. for a period of 2 months. S agrees to this proposal. On 20.3.06 K retires the acceptance for Rs 5,000 the interest rebate i.e., discount being Rs 50. Before the due date of the renewed bill K becomes insolvent and only 60 paise in a rupee can be recovered from his estate. How much bad debt will be recorded in the books of S:

11. A draws a bill on B for Rs 50,000. A endorsed it to C in full settlement of Rs 50,500. Noting charges of Rs 200 as the bill returned dishonoured. A want to pay the amount to C at 2 % discount. The amount to be paid by A to C will be:

27. www.afterschoool.tk social entrepreneurship for better society