Accounting Mcqs

Q.  Which of the following are/is not a fixed asset?

a. Stock
b. Vehicle
c. Fixed deposit in bank
d. Both A. and C. above


ANSWER: See Answer
 
No explanation is available for this question!
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MCQs:  Arrangement of Balance Sheet in a logical order is known as __________?
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MCQs:  Under which of the following situations, is journal entry not passed in the books of the drawer?
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MCQs:  Which of the following is not a feature of a promissory note?
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MCQs:  How many parties are generally found in a Bill of Exchange?
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MCQs:  Negotiable Instrument Act was enacted in_________?
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MCQs:  X draws a Bill of Exchange on Y for 10,000 on 1-1-2013 for 3 months. The due date of the bill will be_________?
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MCQs:  Accommodation bills are generally for?
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MCQs:  A cash deposit made by business appears on the bank statement as _______ balance?
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MCQs:  A check returned by bank marked “NSF” means that:
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