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Accounting for ...

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  • Question 1
    1 / -0

    The receipts and payments account begins with __________.

  • Question 2
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    Income and expenditure account reveals ____________.

  • Question 3
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    In the Not-For-Profit Micro Finance Institutes.
    Which among the following are included?

  • Question 4
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    Non-trading institutions prepares ______________.

  • Question 5
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    The revenue receipts are to be shown on ______side.

  • Question 6
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    Match List-I with List-II and select the correct answer using the codes given below the lists:

    List-I (Item of balance sheet of company)List-II (Heading of balance sheet)
    (a) Sundry debtors1. Fixed asset
    (b) Bills of exchange2. Misc. Expenses
    (c) Live stock3. Current asset
    (d) Shares issue expenses4. Loans & Advances

  • Question 7
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    Which of the following does not effect cash flows proposal?

  • Question 8
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    Income and expenditure account is also called as a ________ account.

  • Question 9
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    Income and Expenditure Account belongs to ______ account.

  • Question 10
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    Subscription amounting to Rs. 7,500 appear on the credit side of income and expenditure account after adjusting subscriptions out standing Rs. 600 and subscriptions received in advance Rs. 450. The amount of subscriptions to be shown in the receipts and payments account for the same year will be.

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