Cash received from debtors would be deemed as___________of funds.
Cash received from debtors would be deemed as___________of funds.
A. No flow
B. Sources
C. Uses
D. Gain
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Which of the following form of business organization is least regulated?
Which of the following form of business organization is least regulated?
A. Sole-proprietorship
B. General Partnership
C. Limited Partnership
D. Corporation________ is the gross inflow of economic benefits?
________ is the gross inflow of economic benefits?
A. Assets
B. Liabilities
C. Income
D. ExpensesTax deducted at source appears in the Balance Sheet
Tax deducted at source appears in the Balance SheetA. On the assets side under current assets
B. On the assets side under loans and advances
C. On the liabilities side under current liabilities
D. On the liabilities side under provisionsWhich of these errors affect only one account?
Which of these errors affect only one account?
A. Errors of casting
B. Errors of carry forward
C. Errors of posting
D. All the threeX draws a Bill of Exchange on Y for 10,000 on 1-1-2013 for 3 months. The due date of the bill will be_________?
X draws a Bill of Exchange on Y for 10,000 on 1-1-2013 for 3 months. The due date of the bill will be_________?A. 4-4-2013
B. 3-4-2013
C. 1-4-2013
D. 31-3-2013_______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?
_______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?
A. Depreciation
B. Drawings
C. Outflow of cash
D. Appreciation