Net loss occurs when______________??

Accounting Mcqs
BILAL KHATTAK0

A. Expenses are greater than Income 
B. Expenses are less than Income
C. Expenses=Income
D. Liabilities are greater than income

Related Mcqs:

  1. ________ is the gross inflow of economic benefits??
  2. The Basic accounting equation is___________??
  3. An increase in provision for bad debt will____________??
  4. Which of the following is not a deferred revenue expenditure??
  5. Which of the following accounting equation is correct??
  6. Which of the following are current assets of a business??
  7. Obligation of the Business are known as___________??
  8. Debts which are payable in the course of a month are called _____________??
  9. Which of the following will not appear in Profit and Loss Account of a business??
  10. The gross decrease in economic benefits for the business are what??

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