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(QUESTIONS FRAMED ON 28 OCT 2023

APFC SECTION:

Q.1 Consider the following statement s:

1.Wages paid for installation of Machinery is debited to the Installation Account

2. Installation account is the part of the cost of machinery which is a fixed asset

APFC SECTION:

Q.2 With reference to the Trade Union Act 1926, consider the following :

1. Registration of trade Union is made compulsory under this Act

2. As per this Act, No trade union of workmen shall be registered unless at least 5%is engaged or employed in establishment