Generally the term fund is used to mean the difference between?

✅ B. Uncredited checks

Option A : Unpresented checks Option B : Uncredited checks Option C : Outstanding checks Option D : Bounced checks Correct Answer : Uncredited checks Read more

✅ A. Compensation paid to Directors on termination of their services

Option A : Compensation paid to Directors on termination of their services Option B : Expenditure incurred in connection with the renewal of a Trade Mark. Option C : Gratuities paid to Directors on termination of their services. Option D : Royalty paid in installments for the purchase of rights to manufacture and sell patient medicines. Correct Answer : Compensation… Read more

✅ B. Unit cost

Option A : Variable cost Option B : Unit cost Option C : Total cost Option D : Fixed cost Correct Answer : Unit cost Read more

✅ D. Seller

Option A : Payee Option B : Payer Option C : Bank Option D : Seller Correct Answer : Seller Read more

✅ C. Entering in the ledger the information contained in the ledger

Option A : Posting the letters in drop box Option B : Posting suitable person to a suitable job Option C : Entering in the ledger the information contained in the ledger Option D : All the three Correct Answer : Entering in the ledger the information contained in the ledger Read more

✅ D. Capital receipts

Option A : Liability Option B : Assets Option C : Revenue receipts Option D : Capital receipts Correct Answer : Capital receipts Read more

✅ D. Amount to be paid in foreign currency

Option A : Unconditional Option B : Certainty of amount Option C : In writing Option D : Amount to be paid in foreign currency Correct Answer : Amount to be paid in foreign currency Read more

✅ B. Added to bank balance

Option A : Subtracted from bank balance Option B : Added to bank balance Option C : Added to Cash book balance Option D : Subtracted from cash book balance Correct Answer : Added to bank balance Read more