In manufacturing account, depreciation of office machine is charged to
In manufacturing account, depreciation of office machine is charged to A. trading account B. appropriation account C. balance…
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The account where the profit are distributed to the partner in their profit sharing ratio…
The account where the profit are distributed to the partner in their profit sharing ratio in partnership A.…
Capital for a profit making organization is generated through
Capital for a profit making organization is generated through A. Subscription B. shares C. donation D. gift Correct…
Which of these accounts is dissolution expenses credited?
Which of these accounts is dissolution expenses credited? A. partners capital account B. revaluation account C. partners current…
The quality of output information depends on the
The quality of output information depends on the A. Quality of input data B. Time of processing C.…
Which of the following is a spreadsheet application?
Which of the following is a spreadsheet application? A. Excel B. Word C. Internet D. Windows Correct Answer:…
Which of the following is found on the credit side of a partnership’s appropriation of…
Which of the following is found on the credit side of a partnership’s appropriation of profit account? A.…
Which of the following relates to cash basis of accounting?
Which of the following relates to cash basis of accounting? A. Accruals and prepayments are considered B. Debtors…
The instrument used to release fund which the minister of finance has earlier withheld is
The instrument used to release fund which the minister of finance has earlier withheld is A. Reserve expenditure…
Which of the following is a source of revenue for a local government?
Which of the following is a source of revenue for a local government? A. Personal income tax B.…