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.Management Sciences
A. All purchases of goods
B. All credit purchases of goods
C. All credit purchases
D. None of these
Related Mcqs:
- Which of the following account with normal balance is shown at the debit side of a trial balance?
- A. Rent income account B. Creditors account C. Unearned income account D. Cash account...
- Which of the following is a liability?
- A. Cash B. Equipment C. Debtors D. Creditors...
- 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...
- Gross Profit is equal to_________?
- A. Sales – Cost of goods sold B. Sales – Closing Stock + Purchases C. Opening Stock + Purchases – Closing Stock D. None of the above...
- Negotiable Instrument Act was enacted in_________?
- A. 1981 B. 1881 C. 1871 D. 2001...
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