Which of the following is of capital nature?
A) Commission on purchases
B) Cost of repairs
C) Rent of factory
D) Wages paid for installation of machinery
Correct Answer:
Verified
Q6: Income and Expenditure Account is a
A)Nominal Account
B)Real
Q7: Creditors ledger adjustment account is opened in
A)General
Q8: Receipts and Payments account is a
A)Nominal Account
B)Real
Q9: A resource owned by the business with
Q10: Outward Invoice issued is a source document
Q12: If any stock is taken by a
Q13: Contingent liability would appear
A)on the liability side
Q14: Income statement of a Charitable Institution is
Q15: Which of the following account is mainly
Q16: Advertisement expenses are apportioned among departments in
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