Accounting - Study Mode
[#1206] Given Opening stock - Rs. 5,000 Closing stock - Rs. 7,000 Purchases - Rs. 10,000 Manufacturing expenses - Rs. 20,000 Loss of meterials by fire - Rs. 1,000 Manufacturing cost will be:
Correct Answer
(A) Rs. 28,000
[#1207] The total average cost of a firm on producing 5 units is Rs. 30/- and the average cost of producing 6 units is Rs. 32/-. The marginal cost of production of the sixth unit will be
Correct Answer
(D) Rs. 42
[#1208] A company can pay dividends out of
Correct Answer
(A) Money provided by the government for such purpose
[#1209] When a company buys its own debenture as an investment, the debenture account is debited with
Correct Answer
(A) Face value of debenture
[#1210] Which one of the following does not consititute a Current Liability:
Correct Answer
(B) Contingent liability