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MCQs: If the total liabilities of a business decrease by $5000 what will be the effect on total asset?
(assuming the amount of capital remain same)
Category: MBA Questions, Published by: teswesm
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MCQs: If the business’s owner withdraws cash for his/her personal use what will be the effect on capital?
Category: MBA Questions, Published by: teswesm
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MCQs: Net income equal to Revenues minus____________?
Category: MBA Questions, Published by: teswesm
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MCQs: Collection of account receivable will
Category: MBA Questions, Published by: teswesm
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MCQs: Payment of expenses will ______ the assets
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following is the practical implementation of the accounting equation?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of the following accounting equation is correct?
Category: MBA Questions, Published by: teswesm
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MCQs: Fresh capital introduction will increase____________?
Category: MBA Questions, Published by: teswesm
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MCQs: Cash received for services rendered will______________?
Category: MBA Questions, Published by: teswesm
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MCQs: Which of following best describes the increase in equity expands___________?
Category: MBA Questions, Published by: teswesm
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MCQs: If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000
What is the Amount of total assets?
Category: MBA Questions, Published by: teswesm
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MCQs: Depreciation decreases____________?
Category: MBA Questions, Published by: teswesm
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MCQs: An increase in provision for bad debt will____________?
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MCQs: Current assets – Current liabilities=?
Category: MBA Questions, Published by: teswesm
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MCQs: Assets-Liabilities=____________?
Category: MBA Questions, Published by: teswesm
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MCQs: The process of recording is done?
Category: MBA Questions, Published by: teswesm
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MCQs: General journal is a book of _______ entries?
Category: MBA Questions, Published by: teswesm
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MCQs: The process of recording transactions in different journals is called_________?
Category: MBA Questions, Published by: teswesm
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MCQs: Every business transaction affects at least ________ accounts?
Category: MBA Questions, Published by: teswesm
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MCQs: Discount allowed is a kind of deduction from_____________?
Category: MBA Questions, Published by: teswesm
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