Capital increases if _________ increases?

Related Mcqs:

If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?

A. Yes B. No C. Transactions can’t be omitted D. none of these...

Which of the following is the internal user of financial statements?

A. Creditor of the business B. Government agency C. Shareholder of the business D. Manager of the business...

The other name of journal is____________?

A. Ledger B. T account C. Day book D. Cash book...

Closing stock in the Trial Balance implies that______________?

A. It is already adjusted in the opening stock B. It is adjusted in the Purchase A/c C. It is adjusted in the Cost of Sale A/c D. It is adjusted in the Profit &Loss A/c...

LIFO stands for__________?

A.  Lots in , Few out B.  Link input, Format Output C.  Last input, First Output D.  Last in, First Out...