A. Liability
B. Assets
C. Revenue receipts
D. Capital receipts
Related Mcqs:
- Cash book records??
- The Basic accounting equation is___________??
- Which of the following accounting equation is correct??
- A chart of accounts generally start with which of the following types of accounts??
- Current assets – Current liabilities=??
- What is the basic accounting equation??
- Computers taken on hire by a business for a period of twelve months should be classified as:___________??
- Payments received in advance from a customer for a contract can be__________??
- Discount received is recorded on which of the following side of a cash book??
- The adjustment to be made for income received in advance is:?
