Postdated checks are considered as__________?

✅ B. 1881

Option A : 1981 Option B : 1881 Option C : 1871 Option D : 2001 Correct Answer : 1881 Read more

✅ B. Land

Option A : Building Option B : Land Option C : Plant and Machinery Option D : Office equipment Correct Answer : Land Read more

✅ C. Balance Sheet only

Option A : Trading A/c and Balance Sheet Option B : Profit and Loss A/c Option C : Balance Sheet only Option D : Trading A/c only Correct Answer : Balance Sheet only Read more

✅ A. $5000 will be credited

Option A : $5000 will be credited Option B : $5000 will be debited Option C : $10,000 will be credited Option D : $10,000 will be debited Correct Answer : $5000 will be credited Read more

✅ C. Rs. 17,000

Option A : Rs. 33,000 Option B : Rs. 25,000 Option C : Rs. 17,000 Option D : Rs. 8,000 Correct Answer : Rs. 17,000 Read more

✅ B. Debit balance of Provision for Bad Debts Account

Option A : Credit balance of Provision for Bad Debts Account Option B : Debit balance of Provision for Bad Debts Account Option C : Debit balance of Bad Debts Account Option D : Debit balance of Discount on Debtors Account Correct Answer : Debit balance of Provision for Bad Debts Account Read more

✅ C. 7150

Option A : 6441 Option B : 5431 Option C : 7150 Option D : 5876 Correct Answer : 7150 Read more

✅ B. For mutual financial accommodation

Option A : Genuine trade reasons Option B : For mutual financial accommodation Option C : To help augment money supply Option D : All the three Correct Answer : For mutual financial accommodation Read more