Bills Receivable books is part of the

Related MCQs

• At the en d of the accounting year bills receivable discounted were 32,000 would be shown
• There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?
• Accounts receivable normally has ……………………. Balance
• Payment of Bills of Exchange is received
• If X co-venture takes away of goods under memorandum Joint Venture Method then he will debit these goods in his books to
• Which of the following account(s) is (are) maintained in the joint venture when separate set of books are maintained?
• If a sum of 1,500 received from Laxman (debtor) has not been recorded in the books, the
• Goods worth 272 returned by Lala passed through the books as 722. In the rectification entry
• A purchased goods costing 2,60,000 for joint venture with B. B sold a major part of the goods at cost plus 25% on cost, for 2,50,000. Balance of goods were taken over by B at cost less 10%. Find out profit/loss on Joint Venture.
• Financial statements are the part of ………………………… .