Accounting - Study Mode

[#2296] If capitals are fluctuating, which of the following will not be added while determining capital ratio?
Correct Answer

(D) Balance of cash A/c

[#2297] Balance sheet is prepared primarily with the following group in view of . . . . . . . .
Correct Answer

(A) Owners

[#2298] Noting charges are paid in the event of . . . . . . . . of a bill.
Correct Answer

(C) Dishonour

[#2299] Schedule 16 relates to . . . . . . . .
Correct Answer

(C) operating expenses

[#2300] Which of the following is related to nominal account?
Correct Answer

(B) Commission account