Which of the following is a Real A/c?

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...

Which of the following accounts will be credited if a company purchases building for cash?

A. Capital account B. Fixed assets account C. Building account D. Cash account...

If a company has contingent liabilities, they appear in the__________?

A. Balance Sheet B. Directors‘ report C. Notes on account to Balance Sheet D. Chairman‘s report Contingent liabilities are disclosed in the notes to Balance Sheet...

Which of the following relationships is/are false?

A. Net Profit = Gross Profit – Administration and Other expenses B. Net Profit = Gross Profit + Administration expenses and Other expenses C. Opening Stock + Purchases – Closing Stock = Cost of Sales D. Both B. and C. above...

How many parties are generally found in a Bill of Exchange?

A. 4 B. 2 C. 3 D. 5...