Accounting Mcqs

Which of the following statements is incorrect regarding capital account?

(A)  Debit increases the capital account balance

(B)  Credit increases the capital account balance

(C)  Fresh capital increases the capital account balance

(D)  Net income increases the capital account balance

Submitted By :Ali Uppal

---

Share this...

Facebook

Twitter

Linkedin

Whatsapp

---

IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

---

Related Mcqs

Which one of the following bulbs has the least resistance ?

A fuse is placed in series with the circuit to protect against__________________?

Electrical energy is converted to heat at the rate of___________________?

Electrical energy is measured in___________________?

The resistance of a conductor at absolute zero (OK) is________________?

---

Leave a Reply

Your email address will not be published. Required fields are marked *