Cash book records:______________?

✅ B. Asset

Option A : Liability Option B : Asset Option C : Expenses Option D : Income Correct Answer : Asset Read more

✅ A. Raw material consumed

Option A : Raw material consumed Option B : Plant purchased Option C : Long term loan raised from bank Option D : Share Capital Correct Answer : Raw material consumed Read more

✅ A. Passage of time, asset usage, and obsolescence

Option A : Passage of time, asset usage, and obsolescence Option B : Tax regulations and SEBI guidelines Option C : Tax regulations and asset usage Option D : SEBI guidelines and Asset usage Correct Answer : Passage of time, asset usage, and obsolescence Read more

✅ A. Inventory system

Option A : Inventory system Option B : Survey system Option C : Annuity system Option D : Insurance Correct Answer : Inventory system Read more

✅ C. Building A/c

Option A : Salary A/c Option B : Bank A/c Option C : Building A/c Option D : Goodwill A/c Correct Answer : Building A/c Read more

✅ A. Adjusted

Option A : Adjusted Option B : Unadjusted Option C : Understated Option D : Overstated Correct Answer : Adjusted Read more

✅ D. Cash

Option A : Bank Option B : Payments Option C : Discount Option D : Cash Correct Answer : Cash Read more

✅ C. Allocation

Option A : Valuation Option B : Valuation and allocation Option C : Allocation Option D : Appropriation Correct Answer : Allocation Read more