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This question belongs to Commerce Accounting
Accounting
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Match the items of a company given in List-A with the classification given in List-B and check your answer:
List-A List-B
a. Preliminary Expenses 1. Miscellanneous Expenditure
b. Unclaimed Dividend 2. Loans and Advances
c. Bills receivable 3. Current liability
d. Live Stock 4. Fixed assets

Answer & Solution
Correct Answer: Option C
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