Accounting Mcqs

Q.  Cash book records?

a. Only cash sales
b. All types of cash receipts and payments
c. Only revenue receipts
d. Only capital receipts


ANSWER: See Answer
 
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MCQs:  Benefits of preparing Bank Reconciliation Statement includes___________?
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MCQs:  A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?
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MCQs:  A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car?
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MCQs:  Which of the following is true with respect to providing depreciation under diminishing balance method?
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