A. Expense of business
B. Income of business
C. Loss of business
D. Abnormal loss of business
Related Mcqs:
- The Basic accounting equation is___________??
- Discount allowed is a kind of deduction from_____________??
- Cash discount is allowed on _______ repayment of debt.?
- When owner withdraw cash for its private use, it is called ___________??
- Which of the following is a real account??
- Payment of rent expenses is recorded on which side of cash book??
- The system in which workers are allowed to be ruthlessly exploited, while the others are allowed to earn profits out of their labour is known as
- For the past 3 years, DK Ltd. has failed to accrue unpaid wages earned by workers during the last week of the year. The amounts omitted, which were considered material, were as follows:?
- Capital gains are
- Which one of the following formulae gives the correct measure of ‘Rate of Capital turnover’?
