MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
CBSE
Class 11 Accountancy
Financial Statements 1
Quiz 1
1
2
3
4
5
Trading Account discloses-
0%
Gross profit
0%
Net profit
0%
Net loss
0%
Gross profit or Gross loss
Explanation
Gross profit or Gross loss
Direct Expenses are entered in:
0%
Trading Account
0%
profit & Loss Account
0%
Balance sheet
0%
None of these
Explanation
Trading Account
Goodwill is a-
0%
Fixed Asset
0%
Current Asset
0%
Fictitious Asset
0%
None of these
Explanation
Fixed Asset
Drawing is deducted from:
0%
Sales
0%
Purchase
0%
Returns outward
0%
Capital
Explanation
Purchase
Profit and loss Account discloses:
0%
Gross profit
0%
Gross profit or Gross loss
0%
(i) and (ii)
0%
None of the above
Explanation
Gross profit or Gross loss
0 h : 0 m : 1 s
1
2
3
4
5
0
Answered
0
Not Answered
0
Not Visited
Correct : 0
Incorrect : 0
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page