Financial statements are the part of ………………………… .

Related MCQs

• Which financial statement represents the a ccounting equation as – Assets = Liabilities + Owner’s equity?
• At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to
• Which one of the following is not a financial statement?
• Accounting does not record non-financial transactions because of
• Which one of the following character is not related to Financial Accounting?
• Which financial statement represents the accounting equation “assets = liabilities + owners’ equity”
• Bills Receivable books is part of the
• 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.