- (A) Expense of business
- (B) Income of business
- (C) Loss of business
- (D) Abnormal loss of business
Accounting Mcqs
- (A) Sales income account
- (B) Sales account
- (C) Return inward account
- (D) Expenses account
- (A) 2,10
- (B) 10,2
- (C) 10,30
- (D) 3,15
- (A) Journal entry
- (B) Multi entry
- (C) Additional entry
- (D) Compound entry
- (A) Ledger
- (B) T account
- (C) Day book
- (D) Cash book
- (A) Account payable
- (B) Account receivable
- (C) Cash account
- (D) Discount account
- (A) One
- (B) Two
- (C) Three
- (D) Infinite
- (A) Posting
- (B) Entry making
- (C) Adjusting
- (D) Journalizing
- (A) First
- (B) Original
- (C) Secondary
- (D) Generic
- (A) Scrap value
- (B) Residual value
- (C) Market value
- (D) Depreciable value
