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CBSE Notes 2011-2012 » XI-Accounts

Financial Statements

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 :

If the opening capital is Rs. 50,000 as on April 01, 2005 and additional capitaln introduced Rs. 10,...

Multiple choice question

If the opening capital is Rs. 50,000 as on April 01, 2005 and additional capitaln introduced Rs. 10,000 on January 01, 2006. Interest charged on capital 10% p.a. The amount of interest on capital shown in profit and loss account as on March 31, 2005 will be

If the insurance premium paid Rs. 1,000 and prepaid insurance Rs. 300. The amount of insurance premi...

Multiple choice question

If the insurance premium paid Rs. 1,000 and prepaid insurance Rs. 300. The amount of insurance premium shown in profit and loss account will be :

The financial statements consist of:

Multiple choice question

The financial statements consist of:

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