- (A) Financial results of the concern for a period
- (B) Financial position of the concern on a particular date
- (C) Financial results of the concern on a particular date
- (D) Cost of goods sold during the period
Accounting Mcqs
- (A) Debts included in Sundry Debtors which are doubtful in nature
- (B) Uncalled liability on partly paid shares
- (C) Claims against the company not acknowledged as debts
- (D) Arrears of fixed cumulative dividend
- (A) Business entity concept
- (B) Money measurement concept
- (C) Going concern concept
- (D) Matching concept
- (A) Prepaid expenses
- (B) Trademark
- (C) Discount on issue of shares
- (D) Outstanding Salaries
- (A) Trade mark
- (B) Franchise
- (C) Accounts Receivable
- (D) Secret Profit
- (A) Current assets
- (B) Intangible assets
- (C) Deferred revenue expenditure
- (D) Not an asset
- (A) Acceptor‘s Account is debited in the books of drawer
- (B) Bills Receivable Account is credited in the books of drawer
- (C) Bank Account is debited in the books of drawer
- (D) Bills Payable Account is debited in the books of drawer
- (A) 30th June,2018
- (B) 1st July,2018
- (C) 4th July,2018
- (D) 4th August,2018
- (A) 50,000
- (B) 55,000
- (C) 60,000
- (D) 65,000
- (A) Dressing Balance Sheet
- (B) Marshalling Balance Sheet
- (C) Formatting Balance Sheet
- (D) Make up of Balance Sheet
