Goods lying with the consignee are shown as-
A) Closing Stock .
B) Work in Progress .
C) Stock in Transit .
D) Suspense A/c
Correct Answer:
Verified
Q2: Sinking Fund is created for which of
Q3: Tick the correct statement
A)Petty cash is an
Q4: A B C are three partners sharing
Q5: A firm has a policy of changing
Q6: Closing Stock lying unsold with the consignee
Q8: Credit balance in Cash Book means-
A)Bank overdraft
Q9: AB are two partners in a firm,
Q10: ` 5,000 paid as local cartage on
Q11: If outside liabilities and owners' equity are
Q12: Business expenses excludes…
A)Fire insurance premium of office
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