Investment in own share A/c appears in____________?
Investment in own A/c appears in____________?
A. Asset side
B. Liability side
C. Netted from Capital
D. Profit & Loss A/c
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The closing balance of petty cash book is considered as_________?
The closing balance of petty cash book is considered as_________?A. Liability
B. Asset
C. Expenses
D. IncomeOffice equipments account is classified as _________ account?
Office equipments account is classified as _________ account?
A. Nominal
B. Real
C. Cash
D. CapitalBank reconciliation statement is prepared by____________?
Bank reconciliation statement is prepared by____________?A. Accountant of the business
B. Manager of the business
C. Controller of the bank
D. Accountant of the bankIf Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?
If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?
A. $5000
B. $10,000
C. $15,000
D. $20,000Warehouse rent is a part of _________?
Warehouse rent is a part of _________?A. prime cost.
B. factory cost.
C. distribution cost.
D. production costAccommodation bills are generally for?
Accommodation bills are generally for?A. Genuine trade reasons
B. For mutual financial accommodation
C. To help augment money supply
D. All the three