11. Which one is list of all account balances
12. Recording of financial transactions is done in
13. WhichÂ is an account prepared to record all expenses at branch.
14. Which account is prepared wth a view to ascertain the gross profit of branch.
15. WhichÂ account is prepared to exercise control over the branch cash.
16. On which condition weÂ Â made adjustment for closing stock as well as opening stock in the purchaseaccount
17. Amount of cash or other assets withdrawn by owner for his personal purpose called
18. Interest on capital is credited to----------------------- A /C
19. Rent paid, salary paid which type of expenditure
20. Liability for partly paid investment what is this
MCQ Multiple Choice Questions and Answers on Financial Accounting
Financial Accounting Question and Answer