Multiple Choice
Human resources will not appear in the balance sheet according to ______ concept.
A) accrual
B) going concern
C) money measurement concept
D) none
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Dividing the expenditure into capital and revenue
Q9: Which of the following is incorrect?<br>A)good will
Q10: The process of recording financial data upto
Q11: Profit and loss account is a<br>A)personal account<br>B)real
Q12: Provision for discount on debtors is calculated
Q14: Commission paid is a<br>A)personal account<br>B)real account<br>C)nominal account<br>D)representative
Q15: Which of the following is wrong?<br>A)all real
Q16: Which of the following is not a
Q17: Outstanding salary account is a<br>A)natural personal account<br>B)artificial
Q18: Value of goods withdrawn by the proprietor