2.
Insurance paid ₹ 4,000 (including premium of ₹ 3,000 per annum paid upto 30th June, 2017). What will be the adjusting closing entry necessary as on 31st March, 2017:
2 out of 10
3.
Goods distributed to employees free of cost is debited to:
3 out of 10
5.
Business paid to Mr. A ₹ 50,000 as salary on 25th March, 2011. Mr. A went to bank to deposit cheque in his account on 3rd April, 2011. What is the entry to be passed in the Balance Sheet on the date of final accounts?
5 out of 10
6.
Provision for Discount on Debtors is provided on:
6 out of 10
7.
Expenses incurred but not yet paid are accounted because of
7 out of 10
8.
Wages and Salaries Account is shown in:
8 out of 10
9.
Trading and Profit and Loss Account is prepared:
9 out of 10
10.
Trading Account is prepared to know:
10 out of 10
