Hamad Accounting Mcqs 13/04/2021 A. Loss of 20,000 B. Loss of 22,000 C. Loss of 11,000 D. Profit of 11,000 Related Mcqs: Discount allowed is___________?A. Expense of business B. Income of business C. Loss of business D. Abnormal loss of business... Which of these is a Part of cash in hand?A. Postage stamps B. B/R C. Cheque Deposited with Bank D. B/R endorsed... Which of the following statements is correct about Depreciation?A. Depreciation cannot be provided in case of loss in a financial year B. Depreciation is a charge against profit C. Depreciation is provided in the books only when there is profit D. Depreciation is an appropriation of profit... Which of the following are/is not a fixed asset?A. Stock B. Vehicle C. Fixed deposit in bank D. Both A. and C. above... Negotiable Instrument Act was enacted in_________?A. 1981 B. 1881 C. 1871 D. 2001...
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