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Question : Complete the Table - 
Name of Account –  Account group in financial Account
Hint -  Sundry Debtors –  Balance sheet, Asset side

Indirect income ____
Current liabilities_____
Stock in hand _____
Sales account ______

 

Option 1:

1. Profit & Loss Account, Credit side
2. Balances Sheet, Liability side
3. Balance Sheet, Asset side
4. Trading Account, Credit side

 

Option 2:

1. Balance sheet, Credit side
2. Profit and loss, Liability side
3. Balance Sheet, Asset side
4. Trading Account, Credit side

 

Option 3:

1. Profit & Loss Account, Credit side
2. Balances Sheet, Asset side
3. Balance Sheet, Liability side
4. Trading Account, Credit side

 

Option 4: None of the above