Financial State...

Any expenditure incurred in order to reduce the operating expenses is ________.

Packaging material will be

which branch of accounting helps to ascertain profit and loss for the year and also shows the financial position?

Goods destroyed by fire should be credited to:

Which of the following are an example of Revenue Expenditure
(a) Preliminary expenses for floating a company
(b) Renewal expenses/fee of patent. 
(c) Depreciation on fixed assets. 
(d) Repair of machinery normal or due to negligence of operator
(e) Expenses for obtaining a license.
Options are as follows

Expenditure incurred on research is an example of _______.

Drawings account is a:

A gross profit is transferred to the __________side of the profit and loss account.

What should be the journal entry when the amount of bad debt is recorded in the books

Match the following. Options are as follows

Accounting treatment of Deferred Revenue Expenditure is based on which principle

Which of the following is Revenue Receipt

Which one of the following should be considered revenue expenditure?

Revenue expenditure is intended to benefit _________.

Amount paid for acquiring goodwill is __________.

What should be the journal entry when managers commission due

Which one of the following is treated as revenue expenditure?

The balance sheet is a ________ of the assets, liabilities and capital of a concern as on particular date.

Wages paid for erection of machinery are debited to __________.

Income tax paid by a solo trader is shown

Which one of the following is capital expenditure?

Preliminary expenses are

Expenditure incurred by a publisher for acquiring copyrights is a _________.

Which of the following is false regarding capital expenditure