Investment in own share A/c appears in____________?

Related Mcqs:

For which step of accounting process the accountants of business entity prepare financial statements?

A. Identification of economic event B. Communication of financial information C. Recording financial information D. Making decisions about business...

Depreciation decreases____________?

A. Liabilities B. Cash C. Bank D. Capital...

Which of the following assets is/are to be valued at the lower of cost and net realizable value?

A. Goodwill B. Inventories C. Investments D. Both B. and C. above....

Which of the following is an item of capital expenditure?

A. Research and development costs during the year B. Interest on borrowed fund utilized for acquisition of Office Furniture C. Installation charges paid in conjunction with the purchase of Office Equipment D. Monthly rent of a machinery used in the business...

Which of the following is a capital expenditure?

A. Repair of plant and machinery B. Salary paid to workers C. Cost of stand by equipment D. Annual whitewash of the office building...