91. Purchase of fixed assets on credit is originally recorded in
92. The claims against the company not acknowledged as debts are shown as
93. Under cash basis of accounting, revenue is recognized when
94. The trade discount on purchases is recorded
95. Which of the following is a leverage ratio?
96. The document inviting offers from public to subscribe for the debentures or shares of a body corporate is a
97. The portion of the acquisition cost of an asset yet to be allocated is known as
98. Which of the following appears in the profit and loss appropriation account?
99. Which of the following inventory valuation methods show higher profits during the period of rising prices?
100. The main objective of providing depreciation is 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 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 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25