Accounting - Study Mode
[#2781] Expenditure, which result increase in the earning capacity of a business is
Correct Answer
(A) capital expenditure
[#2782] Capital redemption reserve is created due to
Correct Answer
(B) legal requirements
[#2783] In what proportion the deficiency of insolvent partner's capital is shared by other partners as per decision of Garners Vs. Murray:
Correct Answer
(B) In capital ratio
[#2784] The statement of assets and liabilities is-
Correct Answer
(A) Balance sheet
[#2785] Trial balance checks
Correct Answer
(A) arithmetical accuracy of accounting entries