12th Accounts One Marks EM
12th ACCOUNTS - One Marks - EM
12th ACCOUNTS - One Marks - EM
Quiz
income accrued but not received will be shown on the ___ side of the balance sheet.
- liabilities
- assets
- market
prepaid expenses are shown on the ____ side of the balance sheet.
- assets
- market
- liabilities
outstanding expenses are shown on the ____side of the balance sheet.
- liabilities
- assets
- market
closing stock is valued at cost price or ____ price whichever is lower.
- market
- liabilities
- assets
net Profit is transferred from Profit and loss account to ________ account.
- capital
- market
- liabilities
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