Fresh capital introduction will increase____________?

Related Mcqs:

Which of the following is known as an evidence that a transaction took place?

A. Cash receipts journal B. General journal C. Source document D. Cash book...

The process of recording is done?

A. Two times a year B. once a year C. Frequently during the accounting period D. At the end of a accounting period...

The adjustment to be made for prepaid expenses is____________?

A. Add prepaid expenses to respective expenses and show it as an asset B. Deduct prepaid expenses from respective expenses and show it as an asset C. Add prepaid expenses to respective expenses and show it as a liability D. Deduct prepaid expenses from respective expenses and show it as a liability...

Which of the following is not a feature of a promissory note?

A. It must be in writing B. It contains an unconditional promise to pay C. It is payable to the bearer D. It must be signed by the maker...

Which of these is not an essential feature of a bill of exchange?

A. Unconditional B. Certainty of amount C. In writing D. Amount to be paid in foreign currency...