Accounting - Study Mode
[#2271] Bills receivable endorsed are debited to:
Correct Answer
(B) Creditor's Account
[#2272] If the total charge of depreciation and maintenance is considered as the method which would provide a unifrom charge is:
Correct Answer
(B) straight line method
[#2273] Which of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?
Correct Answer
(B) Amalgamation adjustment a/c
[#2274] Which one of the following is not taken into account in adjusting the cash balance?
Correct Answer
(B) Mistakes in the pass book
[#2275] Base date is otherwise called as . . . . . . . .
Correct Answer
(A) zero date