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MCQs: Which of the following accounts appear(s) in the Balance Sheet of a business?
i. Stock at the end of the financial year
ii. Stock at the beginning of the financial year
iii. Drawings
iv. Prepaid Rent
v. Interest received but not yet earned
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MCQs: Computers taken on hire by a business for a period of twelve months should be classified as:___________?
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MCQs: Which of the following is not an intangible asset?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is a current liability?
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MCQs: Based on which of the following concepts, is Share Capital Account shown on the liabilities side of a Balance Sheet?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is not a contingent liability?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following are current assets of a business?
i. Income received in advance
ii. Stock
iii. Debtors
iv. Pre-paid expenses
v. Accrued income
Category: MBA Questions, Published by: teswesm
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MCQs: Closing entries are generally passed:
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MCQs: Closing stock appearing in the Trial Balance is shown in:
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MCQs: Depreciation Account appearing in the Trial Balance is shown in:
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MCQs: Profit on sale of old plant is:___________?
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MCQs: Carriage on goods purchased is shown in:___________?
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MCQs: Which of these is not an operating income?
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MCQs: Riaz holds an average inventory of 36,000(CP) with an inventory turnover of 5 times. If the firm makes a gross profit of 25% on sales, find the total sales of the company.
Category: MBA Questions, Published by: teswesm
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MCQs: From the following details what will be the partners commission? Net profit before charging partners commission 65,000. Partners commission @ 11% after charging such commission.
Category: MBA Questions, Published by: teswesm
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MCQs: From the following details what will be the partners commission? Net profit before charging partners commission 65,000. Partners commission 11% before charging such commission
Category: MBA Questions, Published by: teswesm
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MCQs: Arrangement of Balance Sheet in a logical order is known as __________?
Category: MBA Questions, Published by: teswesm
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MCQs: Find the value of opening stock from the following data. Purchases 1,50,000, Closing stock 30,000 Sales 2,20,000, Gross profit 40,000.
Category: MBA Questions, Published by: teswesm
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MCQs: A Bill of Exchange is drawn on 1st April, 2018 payable after 3 months. The due date of the bill is?
Category: MBA Questions, Published by: teswesm
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MCQs: When bill discounted with the bank is dishonored?
Category: MBA Questions, Published by: teswesm
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