Cash book records?
Cash book records?
A. Only cash sales
B. All types of cash receipts and payments
C. Only revenue receipts
D. Only capital receipts
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Which English alphabet is similar to the shape of an account?
Which English alphabet is similar to the shape of an account?A. I
B. T
C. H
D. NoneIf the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is.
If the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is.A. 0.65
B. 0.35
C. 1.50
D. 5.29Closing stock appearing in the Trial Balance is shown in:
Closing stock appearing in the Trial Balance is shown in:A. Trading A/c and Balance Sheet
B. Profit and Loss A/c
C. Balance Sheet only
D. Trading A/c onlyA second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?
A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?
A. 20,000 Loss
B. 20,000 Profit
C. 10,000 Loss
D. 10,000 ProfitCash discount is provided on _______________?
Cash discount is provided on _______________?
A. Purchases
B. Prompt payment
C. Sales
D. Sales returnWhich of the following is the practical implementation of the accounting equation?
Which of the following is the practical implementation of the accounting equation?
A. Cash flow statement
B. Income statement
C. Statement of changes in equity
D. Statement of financial position