A. Profit and Loss A/c
B. Capitalized with work in progress
C. Trading A/c
D. Shown in Balance Sheet
Related Mcqs:
- Revenue receipts are shown in___________??
- Closing stock appearing in the Trial Balance is shown in:?
- Capital expenses are shown in___________??
- Depreciation Account appearing in the Trial Balance is shown in:?
- Goods in stock worth 800 are destroyed by fire and the Insurance Co. is accepted the claim for 600. Adjustment would involve?
- Profit on sale of old plant is:___________??
- Recent developments have made much of a company‘s inventory obsolete. This obsolete inventory should be??
- Which of the following is not a financial statement??
- 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??
- Which of the following statements is false ? select the false from below options?