Bad -debts written off always affect the:
A) Debtors A/c
B) Creditor A/c
C) Cash A/c
D) None of these
Correct Answer:
Verified
Q12: A Statement of assets and liabilities prepared
Q13: Net worth of an organization means the
Q14: Which one of is most likely to
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Q16: If the rate of G.P on sale
Q18: Company has ……………
A)Separate Legal Entity
B)Perpetual Existence
C)Limited Liability
D)All
Q19: Shareholders are :
A)Customers of the Company
B)Owners of
Q20: Who are the real owners of a
Q21: A Company is created by :
A)Special act
Q22: Equity shares cannot be issued for the
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