Accounting Mcqs — Test 6
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Question 1
Which of the following statements are / is true? – Events after Balance Sheet are?
Question 2
Which one of the following is a capital expenditure?
Question 3
Which of the following items should not be capitalized relating to fixed assets?
Question 4
Which of these errors affect only one account?
Question 5
Which of these errors affect two or more accounts
Question 6
Which of the following error is an error of principle
Question 7
Which of the following is an one sided error?
Question 8
Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation?
Question 9
Cash book records?
Question 10
In a three column cash book_______________does not exist?