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Financial State...

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  • Question 1
    1 / -0

    In the Financial Statement, the fixed assets appear at ________________.

  • Question 2
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    The credit balance in the bank account is _________.

  • Question 3
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    In a financial statement, separate items of fixed assets may be shown at ___________________.

  • Question 4
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    Directions For Questions

    Based on the information/data given below, answer question no:
    Stock of stationery on Jan. 3, 2015 - Rs 400
    Payments for stationery during 2015 - Rs 2,200
    Creditors for stationery outstanding during 2015 - Rs 200
    Stock of stationery on Dec. 31, 2015 - Rs 250

    ...view full instructions

    Which amount will be entered in the Receipts and Payments A/c for the year ended Dec. 31, 2015?

  • Question 5
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    Assets very easily convertible into cash are ___________.

  • Question 6
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    Operating profit is __________ of operating revenue over operating expense.

  • Question 7
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    _____________ = net profit + non operating expenses - non operating incomes.

  • Question 8
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    Gagan purchases a bond today and sells 6 months before its maturity. The yield realized is known as ________________.

  • Question 9
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    Which of the following statement is not correct?

  • Question 10
    1 / -0

    Inventory is classified as a ________.

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