1.
Withdrawal of cash from business by the proprietor is credited to:
1 out of 10
3.
Which of the following is not a business transaction?
3 out of 10
4.
Due to which of the following, contingent liabilities are shown in the Balance Sheet:
4 out of 10
5.
The Convention of Conservatism takes into account:
5 out of 10
6.
According to Going Concern Concept, a business is viewed as having:
6 out of 10
7.
According to the Cost Concept:
7 out of 10
8.
Which of the following is a liability?
8 out of 10
10.
A person to whom money is owed by a firm for purchase of goods is called a:
10 out of 10
