Advertisement is a
A) Revenue expense
B) Capital expense
C) Day today expense
D) Deferred revenue expense
Correct Answer:
Verified
Q12: Journal entries passed to correct the errors
Q13: Errors cancelled by themselves are called
A)Compensating errors
B)Errors
Q14: Rs 280 received from Roy is credited
Q15: A suspense account is created when the
Q16: The balance of trading account is called
A)Balance
Q18: Direct expenses are debited in the
A)Balance sheet
B)Trial
Q19: Adjusted purchase means
A)Purchase
B)Purchase + opening stock
C)Purchase? closing
Q20: The main purpose of accounting is to
Q21: Which of the following is an operating
Q22: Branch stock is always prepared at _
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