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Q. The main object of cost accounting is:

Q. A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated.

Q. The rule debit all expenses and losses and credit all income and gains relates to

Q. Which of the following is a Real A/c?

Q. P & L a/c is prepared for a period of one year by following:

Q. An accounting that deals with the accounting and reporting of information to management regarding the detail information is

Q. Double entry system is used in which type of accounting?

Q. Small items like, pencils, pens, files, etc. are written off within a year according to _____ concept.

Q. Any written evidence in support of a business transaction is called

Q. Which of the following is not a nominal Account?