Accounting - Study Mode
[#2396] A machine is purchased on 1 st January, 2001 for Rs. 1,00,000. Depreciation is to be charged at the rate of 10% P.A. by diminishing balance method. What will be the amount of depreciation shown is the profit and loss account for the year ending 31 st December, 2004?
Correct Answer
(D) Rs. 7,290
[#2397] Earned net profit + Non activity and non-fund expenses are equal to
Correct Answer
(B) Fund from activities
[#2398] Which of the following items cannot be shown as reserves?
Correct Answer
(D) None of the above
[#2399] Cost of Goods sold in Hire-purchase system is transferred to
Correct Answer
(C) Hire Purchase Trading A/c
[#2400] Measuring cost and value of personnel for organisation is related to:
Correct Answer
(D) Human Resource Accounting