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.Management Sciences
A. Income from sale of trading goods
B. Bad debts recovered
C. Interest on FDs
D. None
Related Mcqs:
- Bookkeeping mainly concerns with which part of accounting process?
- A. Analyzing B. Preparing financial statements C. Recording financial information D. Auditing the books of accounts...
- Closing stock is generally valued at______________?
- A. Cost Price B. Market Price C. Cost price or Market price whichever is higher D. Cost price or Market price whichever is lower...
- Cash received from debtors would be deemed as___________of funds.
- A. No flow B. Sources C. Uses D. Gain...
- The creation of provision for doubtful debts given as an adjustment requires____________?
- A. Debit Profit and Loss Account and deduct the provision from debtors B. Credit Profit & Loss Account and deduct the provision from debtors C. Credit Profit and Loss Account and add the provision to debtors D. Debit Profit & Loss Account and add the provision to debtors...
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