Generally the term fund is used to mean the difference between

Related MCQs

• While checking the accounts of ABC the following discrepancies were noticed, even though the Trial Balance was made to balance by putting the difference to Suspense A/c. (i) Sales day book for the month of June‘12 was found overcast by ` 7,000. (ii) A credit purchase of ` 3,000 was omitted to be recorded in the days book. (iii) ` 4,300. Received from A credited to A A/c ` 3,400. (iv) Purchase of Office Equipment worth ` 5,000 included in trading purchases. From the above details what would have been the difference in Trial Balance which was made to balance by opening Suspense A/c.
• Which one of the following concepts is used as fund in the preparation of funds flow statement?
• The difference between subscribed capital and called up capital
• The difference between hire purchase price and the cash price is called ______
• Gross Profit is the difference between
• Profit under the net worth method, when there are no drawings and no additional capital is the difference between:
• To ascertain the real profit, the difference between the closing capital and opening capital is adjusted by:
• After realizing all the investments, the balance in the sinking fund account is transferred to …………
• If the Petty Cash fund is not reimbursed just prior to year end and an appropriate adjusting entry is not made, then
• Endowment fund receipt is traded as-