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CBSE Notes 2011-2012 » XI-Accounts

Financial Statements

Choose the correct chronological order of ascertainment of the following profits from the profit and...

Multiple choice question

Choose the correct chronological order of ascertainment of the following profits from the profit and loss account:

While calculating operating profit, the following are not taken into account:

Multiple choice question

While calculating operating profit, the following are not taken into account:

Which of the following is correct:

Multiple choice question

Which of the following is correct:

Rahul's trial balance provide you the following information : Debtors Rs. 80,000 Bad Debts Rs. 2,000...

Multiple choice question

Rahul's trial balance provide you the following information :
Debtors Rs. 80,000 Bad Debts Rs. 2,000
Provision for Bad Debts Rs. 4,000 , It is desired to maintain a provision for bad debts of Rs. 1,000, State the amount to be debited/credited in profit and loss account:

If the rent of one month is still to be paid, the adjustment entry will be :

Multiple choice question

If the rent of one month is still to be paid, the adjustment entry will be :

If the rent received in advance Rs. 2,000, the adjustment entry will be :

Multiple choice question

If the rent received in advance Rs. 2,000, the adjustment entry will be :

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