Drawee is the person…..
A) Who draw a bill of exchange .
B) Who presents the bill of exchange for payment .
C) Who accepts the bill of exchange .
D) Who holds the bill of exchange till maturity
Correct Answer:
Verified
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
Q13: Goods received from other co-venturer is debited
Q14: Which of these is not a function
Q16: Accounting is a/ an -
A)Science .
B)Art .
C)Subject
Q17: Trial Balance is prepared to….
A)Check true and
Q18: The term PBIT stands for:-
A)Profit before Income
Q19: …… is a secret reserve usually created
Q20: As per the Companies Act, 1956 which
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