1.
Income received in advance, if given outside the Trial Balance is shown in:
1 out of 10
2.
Accrued Income, if given in the Trial Balance is shown in:
2 out of 10
3.
A machine was purchased in Bihar. During transit the machine was damaged and the cost of repairs incurred is ₹ 20,000. This expense is treated as:
3 out of 10
5.
Income received in advance is deducted from the income because of:
5 out of 10
6.
Prepaid Insurance appearing in the Trial Balance is shown in the Balance Sheet on the assets side because of:
6 out of 10
7.
Salaries and Wages Account is shown in:
7 out of 10
8.
Wages paid for installation of machine is added to the cost of machine because of:
8 out of 10
9.
Types of Account shown in Balance Sheet are ......
9 out of 10
10.
Trading Account is prepared to know:
10 out of 10
