Arrangement of Balance Sheet in a logical order is known as __________?

Related Mcqs:

The gross decrease in economic benefits for the business are what?

A. Expenses B. Obligations C. Creditors D. Income or gain...

Cash received for services rendered will______________?

A. Increase cash and liability B. Increase equity and liability C. Increase fixed assets and cash D. Increase cash and equity...

Which of the following errors is an error of omission?

A. Sale of ` 100 was recorded in the Purchases Journal B. Wages paid to Mohan have been debited to his account C. The total of the sales journal has not been posted to the Sales Account D. Repairs to buildings have been debited to buildings account...

Any donation received for a specific purpose is a_________?

A. Liability B. Assets C. Revenue receipts D. Capital receipts...

A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be

A. 37.50 B. 38.25 C. 24.00 D. 35.00...