Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

A company collected one year’s rent in advance on October 1st ,2022 the entries Rs 1200 was credited to unearned revenue account the adjusting entry at the December 31,2022 year ended would include

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

Which one of the following account normally have a credit balance?

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

A liability in the amount of Rs. 500/- is paid in cash which of the fallowing is true

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

The valuation of closing stock is at

As per materiality concept, on account of playing safe, accountant must record assets at lower of either market or cost price.
Fani Warraich

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Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

Preliminary expenses are

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

A prospectus for share can be issued only by

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

In the event of dissolution of a partnership firm the provision for doubtful debts is transferred to

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

Rent paid to the land lord should be credited to

Muhammad Tayyab Ikhlas MANAGEMENT SCIENCES   -   Financial Accounting

Accounting principles are generally based on the principle of

Bashir Farooqi MANAGEMENT SCIENCES   -   Financial Accounting

Quick assets include which of the following?


MANAGEMENT SCIENCES