Indirect expenses relating to the business are transferred to
A. Trading account
B. Profit and loss account
C. Profit and loss appropriation account
D. Balance sheet
Answer: Option B
This Question Belongs to Pharmacy >> Drug Store And Business Management
Related Questions on Drug Store and Business Management
Hindrances of time are removed by which aids to trade?
A. Insurance
B. Banking
C. Warehousing
D. Packaging
Credit balance of a ledger account is denoted by
A. Excess of credit side over debit side
B. Excess of debit side over credit side
C. Equally of debit and credit
D. Any of the above
What do you mean by a mixed economy?
A. Modem and traditional industries
B. Public and private sectors
C. Foreign and domestic investments
D. Commercial and subsistence farming
Cash book is a subsidary as well as a
A. Memorandum book
B. Secondary book
C. Principal book
D. None of these
Join The Discussion