Trial Balance is prepared to….
A) Check true and fair view of Balance Sheet .
B) To check arithmetic accuracy of A/cs .
C) To ensure legal compliance .
D) To ensure compliance to IFRS
Correct Answer:
Verified
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
Q15: Drawee is the person…..
A)Who draw a bill
Q16: Accounting is a/ an -
A)Science .
B)Art .
C)Subject
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
Q21: An increase in one liability may lead
Q22: X draws a 3 months bill of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents