Multiple Choice
In case of ex-interest transaction, the amount of interest is calculated for the following period.
A) Upto the date of next interest payment
B) For the whole year
C) From the last date of interest payment till the date of transaction
D) For full 6 months.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: In case of purchase and sales of
Q4: In pure single entry<br>A)Purchase and sales book
Q5: Under the Hire purchase system, goods are
Q6: Interest on security is calculated on -<br>A)It
Q7: Under hire-purchase system the amount of interest
Q9: By deducting cash price from the contract
Q10: Cash price of asset + Interest =_price<br>A)Contract<br>B)Market<br>C)After
Q11: At the end of the year, the
Q12: Which of the following is not included
Q13: While selling securities, brokerage is generally calculated