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DK GOEL-BASIC ACCOUNTING TERMS-OBJECTIVE TYPE QUESTIONS (Choose the best Alternate)
- Current Liabilities include :
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- Which of the following is capital expenditure?
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- A person who owes money to the firm is called ……………………..
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- Goods means :
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- Trade Discount is :
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- Cash Discount is :
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- Current assets of not include :
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- Tangible Assets do not include :
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- Which of the following will be treated as drawings :
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- Main feature of business transaction is :
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- Current Liabilities do not include :
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- Purchases refers to the buying of
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- The term sales is used only for the sales of …………… and is never used ...
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- Out of the following assets which one is NOT an intangible asset ?
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- At the end of financial year, during which sale of goods was worth Rs....
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- Which of the following is the Capital expenditure?
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- Consider the following items : 1. Prepaid Salary 2. Accrued Inter...
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