Which of the following are correctly matched
1. W.T.O. ⇔ 1995
2. G.A.T.T. ⇔ 1948
3. G.S.T. ⇔ 2017
4. S.E.B.I. ⇔ 2000
Select the correct answer using the option given below

The nature of financial accounting is:

A. Historical

B. Forward looking

C. Analytical

D. Social

Interest on drawings is:

A. Expenditure for the business

B. Cost for the business

C. Gain for the business

D. None of the above

Which of these items would be accounted for as an expense?

A. Repayment of bank loan

B. Dividend to stock holders

C. The purchase of land

D. Payment of current period rent

Debit the receiver credit the giver rule for:

A. Real a/c

B. Personal a/c

C. Nominal a/c

D. None of these