CLASS 10 A

WHICH OF THE FOLLOWING IS THE FIXED ASSEST?

• CASH

• INVENTORY

• FIXTURE

• MARKETABLE SECURITIED

IN WHICH ONES IS NOT CURRENT ASSETS?

• STOCK

• LAND

• BANK BALANCE

• DEBTORS

WHAT IS THE FIND OUT FROM TRADING ACCOUNT?

• MARGINAL PROFIT

• GROSS LOSS

• NET PROFIT

• CAPITAL GAIN

WHY PROFIT AND LOSS ACCOUNT PREPARED?

• TO FIND OUT GROSS PROFIT

• TO FIND OUT NET LOSS

• TO FIND PROFIT

• TO FIND LOSS

WHEN PREPARED THE BALANCE SHEET?

• BEGGINING OF THE YEAR

• START OF THE MONTH

• END OF THE FISCAL YEAR

• MIDDLE PERIOD OF HTE EVERY MONTH