Accounting - Study Mode
[#481] A debit balance in the income and expenditure account denotes excess of . . . . . . . . over . . . . . . . .
Correct Answer
(D) expenditure, incomes
[#482] Which of the following errors will not cause the trial balance to be out of order?
Correct Answer
(D) An invoice for Rs. 460 is entered in the sales book as Rs. 640
[#483] Noting charges account is debited by . . . . . . . .
Correct Answer
(A) the presenter of bill
[#484] Share application account is a . . . . . . . .
Correct Answer
(C) personal
[#485] Which of the following is considered while calculating purchase consideration under Net asset method?
Correct Answer
(D) All of the above