✅ A. Profit and Loss A/c
Option A : Profit and Loss A/c Option B : Trading A/c Option C : Deducted from the concerned assets A/c Option D : Shown on the liability side Correct Answer : Profit and Loss A/c Read more
✅ C. Profit and Loss A/c
Option A : In Trading A/c Option B : In Profit and Loss Appropriation A/c Option C : Profit and Loss A/c Option D : Being a non operating item ignored Correct Answer : Profit and Loss A/c Read more
✅ C. Trading A/c
Option A : Profit and Loss A/c Option B : Capitalized with work in progress Option C : Trading A/c Option D : Shown in Balance Sheet Correct Answer : Trading A/c Read more
✅ C. Interest on FDs
Option A : Income from sale of trading goods Option B : Bad debts recovered Option C : Interest on FDs Option D : None Correct Answer : Interest on FDs Read more
✅ A. 2,40,000
Option A : 2,40,000 Option B : 2,10,000 Option C : 2,00,000 Option D : 1,80,000 Correct Answer : 2,40,000 Read more
✅ A. 6441
Option A : 6441 Option B : 5431 Option C : 7654 Option D : 9876 Correct Answer : 6441 Read more
✅ C. 7150
Option A : 6441 Option B : 5431 Option C : 7150 Option D : 5876 Correct Answer : 7150 Read more
✅ B. Marshalling Balance Sheet
Option A : Dressing Balance Sheet Option B : Marshalling Balance Sheet Option C : Formatting Balance Sheet Option D : Make up of Balance Sheet Correct Answer : Marshalling Balance Sheet Read more
✅ C. 60,000
Option A : 50,000 Option B : 55,000 Option C : 60,000 Option D : 65,000 Correct Answer : 60,000 Read more
✅ C. 4th July,2018
Option A : 30th June,2018 Option B : 1st July,2018 Option C : 4th July,2018 Option D : 4th August,2018 Read More Details about this Mcq Correct Answer : 4th July,2018 Read more