In case a trail balance does not agree the difference is put to
A) Trading A/c
B) Profit & Loss A/c
C) Capital A/c
D) Suspense A/c
Correct Answer:
Verified
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
Q54: The trial balance checks
A)Arithmetical accuracy of books
B)The
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
Q60: The term 'Business Income' includes:
A)Unrealised Net Income
B)Realised
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