Multiple Choice
When a part of the Fixed Assets is sold during the year, the Profit on sale is shown on the credit side of which Account?
A) Adjusted Profit and Loss Account
B) Profit and Loss Account
C) Fixed Assets Accounts
D) Liabilities Accounts
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following are Current Liabilities?<br>A)Sundry
Q15: First Credit Rating Agency of India is
Q16: CRISIL was set up in which year?<br>A)1988<br>B)1987<br>C)1986<br>D)1985
Q17: The balance of fixed assets of Breej
Q18: Which of the following rules stands true
Q19: Which of the following are Non-current Assets?<br>A)Land,
Q20: Which of the following is not a
Q22: Among the following items which item is
Q23: Which of the following statements is true?<br>1)
Q24: Credit Rating performs the function of credit