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.Management Sciences
A. Increase assets and decrease assets
B. Increase assets and decrease liabilities
C. Increase assets and increase capital
D. Increase assets and increase cash
Related Mcqs:
- Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?
- A. Purchase journal B. Sales return journal C. General journal D. Cash receipt journal...
- Fresh capital introduction will increase____________?
- A. Assets and liabilities B. Assets and equity C. Liabilities and equity and bank balance D. Capital and liabilities...
- The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account?
- A. Sales B. Purchases C. Inward returns D. Closing stock...
- Which of these types of expenditure would not be treated as a Capital Expenditure?
- A. Acquisition of an Asset B. Extension of an Asset C. Improvement of the existing Asset D. Maintenance of the Asset...
- ____________is also known as Appraisal system of depreciation?
- A. Inventory system B. Survey system C. Annuity system D. Insurance...
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