Business Accounting
Authored by Snehal Sarnot
Other
University
Used 199+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Statement showing assets & Liabilities
Balance Sheet
Profit & Loss A/c
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gross Profit/ Loss calculated in
Profit & Loss A/c
Trading A/c
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash is
Fixed Asset
Current Asset
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance Sheet has 2 sides
Debit & Credit
Liabilities & Assets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial Year starts from
1st January
1st April
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ABC Ltd. A/c is
Nominal A/c
Personal A/c
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash withdrew by Owner is
Profit
Drawings
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