A. profit B. reserve C. premium D. dividend E. interest Correct Answer: Option E - interest
A. accrual B. cash C. income D. expenditure E. profit Correct Answer: Option B - cash
A. reduction in net profit B. reduction in cash balance C. reduction in gloss profit D. increase in gross profit…
Use the following to answer the given question N Provision for bad debts 1,000Cr Bad debts 500Dr debtors 50,000Dr Additional…
Use the following to answer the given question N Provision for bad debts 1,000Cr Bad debts 500Dr debtors 50,000Dr Additional…
Use the following information to answer the given question N Fixed assets 12,000 Current assets 5,000 Current liabilities 2,300 Capital…
Use the following information to answer the given question N Fixed assets 12,000 Current assets 5,000 Current liabilities 2,300 Capital…
Use the following information to answer the given question N Fixed assets 12,000 Current assets 5,000 Current liabilities 2,300 Capital…
Use the following information to answer the given question N Fixed assets 12,000 Current assets 5,000 Current liabilities 2,300 Capital…
A. trading account B. profit and loss account C. approration account D. current account E. nominal account Correct Answer: Option…