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Accountancy
Business Studies
Computer Science
English I
Economics
English II
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Question-1
Find out the odd one and state reasons
(A)
Cost of fixed assets
(B)
Cost of addition of existing fixed assets
(C)
Expenditure in connection with the acquisition of fixed assets
(D)
Cost of goods purchased for resale
Question-2
Pre-operative expenses comes an ---------------- expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-3
------------- losses are those which occur when selling fixed assets
(A)
Capital losses
(B)
Revenue losses
(C)
None of these
(D)
All of these
Question-4
Legal expenses incurred on purchase of land is ________________ expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-5
Legal expenses incurred in defending a suit for breach of contract to supply goods is a ----------- expenditure
(A)
Capital
(B)
Differed revenue
(C)
Revenue
(D)
None of these
Question-6
Advertised the shop in a local newspaper for Rs.250
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-7
Directors fees is a ----------- expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-8
Heavy advertising to introduce a new product is a ------------- expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-9
Legal charges incurred in connection with raising a loan for business
(A)
Deferred revenue
(B)
Revenue
(C)
Capital
(D)
None of these
Question-10
Compensation paid to a retrenched employee for loss of employment
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
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Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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