Accounting - Study Mode

[#1671] Which of the following ratios is a Primary Ratio:
Correct Answer

(A) Current Ratio

[#1672] Generally, . . . . . . . . method is used for preparation of trial balance
Correct Answer

(B) Balance method

[#1673] Under which of the following methods the asset is shown at original cost throughout its life:
Correct Answer

(C) Depreciation fund

[#1674] Cash flow statement is prepared by-
Correct Answer

(D) All of these

[#1675] When debentures are issued as security against a loan then such as issue of debentures is called:
Correct Answer

(C) Collateral security