Which of the following will not appear in Profit and Loss Account of a business?
A) Drawings
B) Bad debts
C) Accrued expenses
D) Reserve for discount on Sundry Creditors
Correct Answer:
Verified
Q5: Which of the following equations is correct?
A)Gross
Q6: Which of the following is not true
Q7: The Profit and Loss Account shows the
A)Financial
Q8: Which of the following statements is true?
A)Provision
Q9: Cash Profit is
A)Net profit - Non-trading Profit
Q11: Which of the following is not a
Q12: If unexpired insurance appears in the Trial
Q13: Which of the following are/is not a
Q14: Tax deducted at source appears in the
Q15: Which of the following statements is false?
A)Balance
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