The trial balance checks
A) Arithmetical accuracy of books
B) The honesty of the book-keeper
C) The valuation of closing stock
D) None of the three
Correct Answer:
Verified
Q49: Income tax paid by a sole proprietor
Q50: The Income created but not yet received
Q51: The income earned but not yet received:
A)Accrued
Q52: The closing stock in adjustment is shown
Q53: The opening stock is shown in:
A)Trading Account
B)Profit
Q55: In case a trail balance does not
Q56: Rs. 5000 spent on replacement of worn
Q57: What is the order in which the
Q58: Depreciation of fixed assets is an example
Q59: Income is the output of excess or
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