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Financial State...

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  • Question 1
    1 / -0

    Money received against share warrants is shown in the balance sheet under …..

  • Question 2
    1 / -0

    Salaries outstanding ₹55,000 will be record in the balance sheet under ……..

  • Question 3
    1 / -0

    Items such as Trade payables on account of purchase of Fixed Assets and interest accrued there on, will come under the head

  • Question 4
    1 / -0

    Cash and Cash Equivalents includes…..

  • Question 5
    1 / -0

    Accrued income ₹8000 will be shown under…….

  • Question 6
    1 / -0

    Investments which are not held for purpose of resale are called

  • Question 7
    1 / -0

    An asset shall be classified as current when it satisfies any of the following criteria

  • Question 8
    1 / -0

    Bank overdraft, Cash Credit and Loans repayable on demand comes under ……..

  • Question 9
    1 / -0

    If Statement of profit and loss shows a negative balance, it will be shown under ……

  • Question 10
    1 / -0

    Match the following items

    1. Non-operating Incomes
    1. Loss on sale of fixed assets

           b. Non-operating expenses

           ii Cash discount allowed to customers

            c. Operating expenses

             iii  Rent received

    Options are as follows

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  • Unanswered - 10

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