Revenue account is also called …………………………………

Related MCQs

• In the revenue account bonus in reduction of premium is shown as
• The account opened to close the various assets and liabilities of the firm on dissolution is called ------------- account
• Investment account is ………………………. Account
• ………… account is real account
• Realization account is a ---------- account
• The nominal account prepared to close the account of business is --------------
• Revenue reserve means any reserve other than ……………. Reserve
• In the case of dissolution of the firm , the account opened for closing various items in the balance sheet is called ----------------
• No profit and loss appropriation account is prepared in case of a…………… company.
• A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.