51. Things which are purchased by business for resale called
52. What represents goods sent by head office to the branch or by the branch to the head office but not received by other
53. Managers commission is calculated on
54. The amount of reserve deducted from the
55. The accounts for the dependent branches are maintained only in the books of
56. Adjustment given in trial balance is known as
57. Trading and profit and loss account is known as ----------------------- statement
58. Prepaid expenses is ------------------- to the business
59. The term ------------------ denotes the cost of services and things used for earning revenue
60. Which Expenditure is incurred to maintain the business or to keep the assets on good working condition
MCQ Multiple Choice Questions and Answers on Financial Accounting
Financial Accounting Trivia Questions and Answers PDF
Financial Accounting Question and Answer
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