Multiple Choice
Value of goods withdrawn by the proprietor for his personal use should be credited to ____
A) capital a/c
B) sales a/c
C) drawings a/c
D) purchases a/c
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Human resources will not appear in the
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
Q19: Which accounting concept specifies the practice of
Q20: Co-operative societies is an example of<br>A)personal account<br>B)real
Q21: Trading account is a<br>A)personal account<br>B)real account<br>C)nominal account<br>D)representative
Q22: While putting the value or price of
Q23: Amount spent to increasing the earning capacity