Which of the following statements is true?
A) Bad Debts Recovered Account is transferred to Sundry Debtors Account
B) Bill of exchange is drawn by the purchaser
C) Trial Balance establishes the arithmetical accuracy of the accounting records
D) A well maintained asset need not be depreciated
Correct Answer:
Verified
Q14: Tax deducted at source appears in the
Q15: Which of the following statements is false?
A)Balance
Q16: Which of the following statements is true?
A)The
Q17: The Balance Sheet gives information regarding the
A)Results
Q18: Which of the following accounts appear(s) in
Q19: Which of the following is not an
Q20: Which of the following is a current
Q21: Based on which of the following concepts,
Q22: Which of the following is not a
Q23: Which of the following are current assets
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