Multiple Choice
As per the Matching concept, Revenue - ? = Profit
A) Expenses
B) Liabilities
C) Losses
D) Assets
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: The proprietor of the business is treated
Q3: The rule debit all expenses and losses
Q4: Cash a/c is a _.<br>A)Real a/c<br>B)Nominal<br>C)Personal<br>D)None
Q5: Any written evidence in support of a
Q6: A trader purchases goods for Rs. 2500000,
Q7: The following is not a type of
Q8: A trader calculated his profit as Rs.150000
Q9: The accounts that records expenses, gains and
Q10: Accounting furnishes data on<br>A)Income and cost for
Q11: Profit and loss is calculated at the