Financial Accounts MCQs
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Q 1. Preliminary Expenses are shown in
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Q 2. Interest accrued and not due on unsecured loan is shown under the head
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Q 3. Interest accrued and not due is shown under the head
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Q 4. Bank Over draft is shown under the head
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Q 5. Debenture discount is shown under the head
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Q 6. Unclaimed dividend is shown under the head
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Q 7. For preparing Final Accounts, Preliminary expense not written off is shown in
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Q 8. Forfeited Call on shares is shown in
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Q 9. Prepaid Income Tax is shown in
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