Miscellaneous In Commerce - Study Mode
[#241] Debit what come in Credit what goes out rule for:
Correct Answer
(A) Real a/c
[#242] Consider the following case. DTC runs a bus in a particular route and a passenger gets into the bus anticipating that it will drop him at the desired place in between the route in which it is being plied in exchange for certain fare or fees. Such a kind of contract between the passenger and the bus operator will be: (Choose the most appropriate option in the given context.)
Correct Answer
(D) General Offer
[#243] If closing stock appears in the trial balance, it should be:
Correct Answer
(A) Credited to the trading account
[#244] In which method of filing letters are kept standing?
Correct Answer
(B) Vertical
[#245] In reference to theories of entrepreneurship, which of the following is not correctly matched?
Correct Answer
(D) Young ⇔ Theory of Religious Belief System