Accounting Principles Quiz
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Questions and Answers

What was the total amount added to the 'Land & Building' category in the current year?

  • Rs. 1,500,000
  • Rs. 1,023,960 (correct)
  • Rs. 1,000,000
  • Rs. 10,23,960

    • What is the capital represented by the 8% preference shares of Rs. 15 each?

  • Rs. 24,000
  • Rs. 30,000
  • Rs. 20,000
  • Rs. 30,092 (correct)

    • Which of the following amounts represents the balance of the net revenue account for the current year?

  • Rs. 51,784
  • Rs. 50,784 (correct)
  • Rs. 50,000
  • Rs. 49,999

    • What is the total cash held by Nirzar Water Supply Co. Ltd., when combining cash at bank and cash in hand?

    <p>Rs. 54,036</p> Signup and view all the answers

    How much money is allocated for unpaid dividends?

    <p>Rs. 240</p> Signup and view all the answers

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