Miscellaneous In Commerce - Study Mode
[#281] The amount of salary paid to Suresh should be debited to:
Correct Answer
(B) Salaries a/c
[#282] When the completion stage of the contract is more than half, the profit is to be credited to profit and loss account will be equal to?
Correct Answer
(B) 2/3 rd
[#283] The cost concept records the figures at:
Correct Answer
(B) Actual amount paid
[#284] Which of the following is not the function of stock exchange?
Correct Answer
(C) Ensuring higher profits
[#285] All those to whom business owes money are:
Correct Answer
(C) Creditors