31. Sale of an asset on credit at a price higher than written down value of the asset, would
32. Which of the following will not be disclosed by trial balance?
33. How many columns are there in ledger?
34. Ideal current ratio is:
35. The margin of safety can be increased by-
36. In the double entry system of book keeping a transaction affects:
37. On retirement or death of a partner, the retired or deceased partner's capital account will be credited with
38. When a business is purchased, any amount paid in excess of the total of assets, minus the liabilities taken, is called:
39. A firm which manufctures boats has a fixed cost of Rs. 2,60,000/- per month. The selling price of the boat is Rs. 35,000/- boat. Variable cost per boat is Rs. 15,000/-. The boat yard can manufacture 20 boats per month. The break even output of the firm will be
40. The amount of short working is equal to:
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25