Accounting - Study Mode
[#2441] In case of fund flow statement, 'Fund' means
Correct Answer
(C) Net working capital
[#2442] X Ltd. issued debentures of Rs. 100 at 5% discount for purchase of machinery worth Rs. 95,000. The number of debenture issued will be
Correct Answer
(D) 1,000
[#2443] An expenditure is called capital expenditue when
Correct Answer
(C) The expenditure is made for future profits
[#2444] Rebate on bills discounted is also called . . . . . . . .
Correct Answer
(A) unexpired discount
[#2445] The system of recording transactions based on dual aspect concept is called:
Correct Answer
(B) double entry system