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 Related Questions on Theory Base of Accounting Q34.Cash discount is : (1) Received at … Read more
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) … Read more
Q31.Which of the following is not a tangible asset ? (1) Goodwill (2) Motor Car (3) Building (4) Stock Answer Goodwill Related Questions on Theory Base of Accounting 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 Q33.Trade discount is : (1) Allowed … Read more
Q30.Capital profit is profit (1) Sale of fixed asset (2) Profit & Loss A/c of Business (3) None of these (4) Sale of goods Answer Sale of fixed asset Related Questions on Theory Base of Accounting Q31.Which of the following is not a tangible asset ? (1) Goodwill (2) Motor Car (3) Building (4) Stock … Read more
Q29.What is the amount of Interest on drawings for Ram at 10% p.a. for the Year ended 31st March 2018, if he withdrew Rs 6000 in the middle of each quarter. (1) Rs 1200 (2) Rs 1500 (3) None of these (4) Rs 900 Answer Rs 1200 Related Questions on Theory Base of Accounting Q30.Capital … Read more