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:
Option 2:
Option 3:
Option 4: None of the above
Correct Answer:
Solution : Correct Pair is -
Hence the correct answer is option 1.
Question : Capital employed in a firm is calculated from the liabilities approach as follows
Question : Which of the following is stock concept?
Question : Capital employed in a firm is calculated from assets side approach as follows:
Question : Subscription received in advance by a club are shown in the:
Question : Where is Interest on drawings shown in the final accounts of the firm?
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