A. Expenses
B. Obligations
C. Creditors
D. Income or gain
Related Mcqs:
- ________ is the gross inflow of economic benefits??
- Which of the following are current assets of a business??
- Gross return plus charge in inventory minus total cost is equal to:
- The economic life of a building is considered to be at an end under which of the following conditions?
- Which of the following account with normal balance is shown at the debit side of a trial balance??
- Which of the following will not appear in Profit and Loss Account of a business??
- Assuming the statistical information is available, which of the following is the best measure of an increase in a country’s economic efficiency?
- If the total liabilities of a business decrease by $5000 what will be the effect on total asset??
- Capital of a business decreases if there is an increase in___________??
- Nothing can be gained without labour.
