1.
Income Receivable (Accrued Income) is:
1 out of 10
2.
Income tax paid by a sole trader is reflected in his financial statements:
2 out of 10
3.
Balance sheet is prepared to know:
3 out of 10
4.
Provision for Doubtful Debts is made following the:
4 out of 10
5.
Debts that were earlier written off, if recovered, will be credited to:
5 out of 10
6.
Indirect Expenses are debited to:
6 out of 10
7.
Closing stock is shown in Financial Statements at:
7 out of 10
8.
Goods given as samples is debited to:
8 out of 10
9.
Profit and Loss Account is prepared to know:
9 out of 10
10.
Depreciation for current year appearing in the Trial Balance is shown in:
10 out of 10
