- $5000
- $10,000
- $15,000
- $20,000
Correct Answer is:
$5000
|
- Straight-line method
- Written down value method
- Units-of-production method
- Sum-of-the years‘-digits method
Correct Answer is:
Straight-line method
|
- selling Expense
- Direct labor
- factory overhead
- selling Expenses & administrative expenses
Correct Answer is:
selling Expenses & administrative expenses
|
- Unknown Liabilities
- Known Liabilities
- Creation of Secret Reserves
- All the Three
Correct Answer is:
Known Liabilities
|
- Expenses for day to day running of the business
- Putting the new asset in working condition
- Depreciation
- Purchase of raw material
Correct Answer is:
Putting the new asset in working condition
|
- Asset side
- Liability side
- Netted from Capital
- Profit & Loss A/c
Correct Answer is:
Asset side
|
|
|
- Balance Sheet
- Profit and Loss appropriation A/c
- Manufacturing A/c
- Trading and Profit and Loss A/c
Correct Answer is:
Trading and Profit and Loss A/c
|
- Expenses
- Drawings
- Interest on capital
- Revenue
Correct Answer is:
Revenue
|
- $6000
- $10,000
- $5000
- $1000
Correct Answer is:
$5000
|
- Cash receipts journal
- Cash payments journal
- Sales journal
- Purchase journal
Correct Answer is:
Cash payments journal
|
- Added, Reduced
- Added, Added
- Deducted, Added
- Deducted, Deducted
Correct Answer is:
Deducted, Added
|
|
|
- Dressing Balance Sheet
- Marshalling Balance Sheet
- Formatting Balance Sheet
- Make up of Balance Sheet
Correct Answer is:
Marshalling Balance Sheet
|
- Results of operations for a particular period
- Financial position during a particular period
- Profit earning capacity for a particular period
- Financial position as on a particular date
Correct Answer is:
Financial position as on a particular date
|
