Which of the following is a Real A/c?

Related MCQs

• Real accounts records
• A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated.
• Which of the following is not a nominal Account?
• Which of the following is not an internal user of management information?
• A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him?
• The following is not a type of liability
• P & L a/c is prepared for a period of one year by following:
• The debts which are to be repaid within a short period (a year or less) are referred to as,
• Which accounting concept satisfy the valuation criteria?
• Double entry system is used in which type of accounting?