Balance of trading account is a transfer to
A) Balance sheet
B) Trial balance
C) Profit and loss account
D) Income statement
Correct Answer:
Verified
Q1: Selling expenses should be divided among the
Q2: Building expenses should be divided among the
Q4: Depreciation on machinery this transaction initially shown
Q5: The expenses which have been incurred to
Q6: Packing of goods for protecting the goods
Q7: The balance of profit and loss account
Q8: Carriage out expenses are come under
A)Administrative expenses
B)Financial
Q9: Mines, quarries etc are
A)Fixed asset
B)Fictitious asset
C)Current asset
D)Wasting
Q10: The final accounts , when adjustment entry
Q11: The closing stock will appear in trial
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