Related MCQs

Q. On dissolution of a firm, its Balance Sheet revealed total creditors ₹50,000; Total Capital ₹48,

Q. Cash from operating activities consists of:

Q. Fixed Assets of a company increased from ₹3,00,000 to ₹4,00,000. What the percentage of change?

Q. Bills Receivables appear in a Company’s Balance Sheet under the Sub-head

Q. On dissolution, the balance of ‘Profit & Loss Account’ appearing on the assets side of a Balance

Q. Subscription received in advance during the current year is :

Q. While transferring assets to realisation account is omitted to be transferred :

Q. Which accounts are opened when the capitals are fixed?

Q. Revenue from Operations ₹4,00,000; Cost of Revenue from Operations 60% of Revenue from Operations;

Q. If creditors are ?25,000, capital is ?1,50,000 and cash balance is ?10,000, what will be the amount