A. purchases B. floor area occupied C. number of personnel in each department D. volume of sales Correct Answer: Option…
A. sales day book B. purchases day book C. general journal D. trial balance Correct Answer: Option D D. trial…
A. commission B. omission C. principle D. compensation Correct Answer: Option B B. omission
A. interest on capital B. partners drawings C. share of profit D. interest on drawings Correct Answer: Option B B.…
A. amortization B. appreciation C. depletion D. depreciation Correct Answer: Option A A. amortization
A. loan B. debtors C. capital D. overdraft Correct Answer: Option C C. capital
A. current assets B. current liability C. ficed assets D. long-term liability Correct Answer: Option B B. current liability
A. extension of building B. repairs of generator C. purchase of stock D. purchase of stationery Correct Answer: Option A…
A. sales account B. purchases account C. profit and loss account D. capital account Correct Answer: Option C C. profit…
A. return inwards and outwards B. journal and ledger C. discounts allowed and received D. credit note and debit note…