All items of revenue in nature are shown in: Sol:

Related MCQs

• All receipts of capital nature are shown in : Sol:
• Out of the following items, which one is shown in the Receipts and Payments Account? Sol:
• The Income and Expenditure Account includes all revenue expenses and income irrespective of its cash flow Sol:
• All revenue receipts and expenditure are shown in –
• All receipts from sale of consumable items are treated as: Sol:
• Royalty is a revenue expenditure to lessor Sol:
• In the revenue account bonus in reduction of premium is shown as
• Revenue receipts are shown in —
• _________ is the systematic assignment of number to items to classify and organise them. Sol:
• A Receipts and Payments Account record only non-cash items. Sol: