Accounting - Study Mode
[#1456] When a bill drawn by A and B endorsed to C is dishonoured on the due date, it is credited in the books of A to . . . . . . . .
Correct Answer
(D) C's account
[#1457] Any revenue expense for when a separate fund is available will be . . . . . . . .
Correct Answer
(A) debited to the separate fund
[#1458] The term 'financial assets' includes all of the following except
Correct Answer
(A) technical knowledge
[#1459] Which of the following does not increase in the working capital?
Correct Answer
(C) On decrease in movable assets
[#1460] Turnover ratios help the management in
Correct Answer
(D) all the above