Q32.Building A/c is related to
(1) Real A/c
(2) Personal A/c
(3) None of these
(4) Nominal A/c
Answer
Real A/c
Related Questions on Theory Base of Accounting
Q33.Trade discount is :
(1) Allowed at the time of sale of goods
(2) Allowed at the time of receiving payment
(3) Allowed in all the cases)
(4) Both ‘A’ and ‘B’
Answer
Allowed at the time of sale of goods
Q34.Cash discount is :
(1) Received at the time of making payment
(2) Allowed at the time of sale of goods
(3) All the above
(4) Received at the time of purchase of goods
Answer
Received at the time of making payment