A. Debts included in Sundry Debtors which are doubtful in nature
B. Uncalled liability on partly paid shares
C. Claims against the company not acknowledged as debts
D. Arrears of fixed cumulative dividend
A. No flow
B. Sources
C. Uses
D. Gain
A. Cash received from debtors
B. Cash paid to creditors
C. Salary remained outstanding
D. Cash deposited with bank
A. Recording
B. summarizing
C. Grouping
D. Processing
A. Bank charges will be debited in cash book
B. Bank charges will be added to cash book balance
C. Bank charges will be credited in cash book
D. Bank charges need no adjustment in cash book
A. selling Expense
B. Direct labor
C. factory overhead
D. selling Expenses
A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Cash payments journal
i. The rate at which the asset is written off reduces year after year ii. The amount of depreciation provided reduces from year to year iii. The rate of depreciation as well as the amount of depreciation reduce year after year iv. The value of the asset gets reduced to zero over a period of time A. Only (i) above
B. Only (ii) above
C. Both (i) and (ii) above
D. (i),(ii) and (iii) above
A. Analyzing
B. Preparing financial statements
C. Recording financial information
D. Auditing the books of accounts
A. Account payable
B. Account receivable
C. Cash account
D. Discount account
