Financial Accounts MCQs and Notes
M
Q 1. Preliminary Expenses are shown in
M
Q 2. Interest accrued and not due on unsecured loan is shown under the head
M
Q 3. Interest accrued and not due is shown under the head
M
Q 4. Bank Over draft is shown under the head
M
Q 5. Debenture discount is shown under the head
M
Q 6. Unclaimed dividend is shown under the head
M
Q 7. For preparing Final Accounts, Preliminary expense not written off is shown in
M
Q 8. Forfeited Call on shares is shown in
M
Q 9. Prepaid Income Tax is shown in
M
Q 10. Bonus to existing shareholders is paid to them
Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.
