1.
Computers purchased for re-sale is:
1 out of 10
2.
Balance of Petty Cash is:
2 out of 10
3.
Balance Sheet is prepared:
3 out of 10
4.
Which type of expenses are shown in Trading Account?
4 out of 10
5.
"Salaries and Wages” appearing in Trial Balance is shown:
5 out of 10
6.
Insurance premium paid to insure the machinery is:
6 out of 10
8.
Income tax paid by a sole trader is shown:
8 out of 10
9.
Schedule of balances prepared from ledger accounts is known as:
9 out of 10
10.
Capital Receipts and Revenue Receipts:
10 out of 10