1.
Purchase of machinery for production is:
1 out of 10
2.
Financial Statements consist of:
2 out of 10
3.
Which of the following is not shown in Balance Sheet?
3 out of 10
4.
Large advertisement expenditure to introduce a new product is:
4 out of 10
5.
Closing Stock appearing in the Trial Balance is shown:
5 out of 10
6.
Loss on sale of an old car is debited to.
6 out of 10
7.
Capital Expenditure and Revenue Expenditure:
7 out of 10
8.
Opening Capital is ₹ 1,50,000, Closing Capital ₹ 2,75,000, Drawings ₹ 25,000, Further Capital introduced ₹ 45,000. What is Gross Profit?
8 out of 10
9.
Which statement shows financial position of the business?
9 out of 10
