6A AE TOT QB

Which of these is not an Intangible Asset

Mr. Ashwin buys goods of Rs. 2,50,000 paying cash Rs. 2,00,000. What is the amount of expense as per accrual system

Amount spent to increasing the earning capacity is which expenditure

Which of the equations is correct

Direct expenses are debited to

Which of these is not a current liability

Which of the following is an example of fixed asset account

Provision for discount on debtors is calculated on the amount of debtors

We can say a business is in profit when

If outstanding wages appears in the trial balance it is shown in

Cost of incorporating a company is an example of

Internally generated goodwill is

Making provision for bad debts in respect of debtors is based on the convention of

Valuation of stock in accounting follows the principle of cost price or market price, whichever is

If sales revenues are Rs. 14,00,000; cost of goods sold is Rs. 13,10,000, the gross profit is

Diwali advance given to an employee is

M/s Stationery Mart will debit the purchase of stationery to which account

What is meant by auditing

Transer of Profit to Statutory Reserves is reflected in which account

Provision for Income Tax is debited to

In which of the following cases, accounting estimates are required

Internal users of accounts include

Wages paid for erecting a machine should be debited to

Which of the following is not the main objective of accounting?

Which of the following factor is not considered while selecting accounting policies

Which of these financial statements describes the sources and uses of cash in business

Sales – Gross Profit equals to

Which of the following is not a Real Account

In the absence of any provision in the partnership agreement, profits and losses are shared by the partners

The process of recording financial data upto trial balance is

A trader calculated his profit as Rs.15 lakhs on 31st March 2018. It is

Gross Profit to Sales ratio is 20%. Cost of Goods sld is Rs. 2 lakhs. Then Gross Profit is

In accounting terms - obligations or dues which the company has to pay are called

Profit and loss is calculated at the stage of

If wages are paid in cash for construction of business premises, then which account is credited and debited respectively

All fixed assets are recorded in the books of accounts at their full cost, which includes

Change in the capital A/c of proprietor may occur due to

Which of these statements is correct

Withdrawal of money by the proprietor is not an expense but a reduction of

Which of the following is incorrect?

Which of the following is incorrect

Outstanding Tax payable of Rs. 12 lakhs is classified as

If the Market value of closing Inventory is less than its cost price, inventory will be shown at

Working Capital is the excess of Current Assets over

Fixed assets are held by business for

Interpretation means

Which account is the odd one out