5 Questions
Which one of the following is shown under Current Liabilities?
Unclaimed Dividend
Which one of the following is the meaning of capital reduction?
Reduction in uncalled capital
What is required for capital reduction?
Company order
When fictitious assets are written off, which account is it written off to?
Assets A/c
Under which category are Bills Receivable shown?
Loans and advances
This quiz is designed for students studying financial accounting in various undergraduate and postgraduate programs. It covers the basic concepts and most important topics in financial accounting. Whether you are pursuing B.com, BMS, or BAF, or studying for your M.com Part 1 or Part 2, this quiz will help you test your knowledge and understanding. Click the link provided to access the quiz and explore more subject-related multiple-choice questions.
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