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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.
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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.
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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 __________?
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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.
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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?
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MCQs: When bill discounted with the bank is dishonored?
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MCQs: In the books of the drawer, the accounting treatment involved on receipt of a bill of exchange duly accepted by the drawee is?
i. Debit Bills Receivable Account
ii. Debit Drawee‘s Account
iii. Credit Drawee‘s Account
iv. Credit Sales Account
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MCQs: The noting charges levied on dishonour of an endorsed bill by the Notary Public are to be borne by
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MCQs: The drawer of a trade bill passes relevant entries with regard to the transaction involved in it. But, in case of an accommodation bill, he passes an entry in addition to the usual entries. The additional entry so passed is with respect to
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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: Which of these is not an essential feature of a bill of exchange?
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MCQs: A foreign bill of exchange is generally drawn up in___________?
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