Bank shows the provision for income tax under the head
A) Contingency Accounts.
B) Other liabilities and provisions.
C) Contingent liabilities.
D) Borrowings.
Correct Answer:
Verified
Q80: Goods are sent to the Branch at
Q81: Actuarial valuation relates to:
A)Banking company.
B)Electric Supply Company.
C)Insurance
Q82: Survey expenses for marine insurance claim must
Q83: A profit on sale of furniture of
Q84: Realisation Account is a:
A)Representative Personal Account.
B)Artificial Personal
Q86: Bank Reconciliation Statement is:
A)Ledger Account
B)Part of cash
Q87: Income & Expenditure A/c shows subscriptions `10,000.
Q88: A non-performing asset is:
A)Money at call and
Q89: Name the book in which, entries are
Q90: Exception to consistency principle is
A)Cost Principle
B)Going Concern
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