Q16)Which accounting concept specifies the practice of crediting closing stock to the trading account         a) Cost b) Realisation c)Cloing concem d)Matching expendeure

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q16)Which accounting concept specifies the practice of crediting closing stock to the trading account

 

 

 

 

a) Cost b) Realisation c)Cloing concem d)Matching expendeure

 

 

 

 

Q17) Ammnt spent to increasing the coming capacity is a

 

 

 

 

a) Capital b) Revenue ch Defened revenus d) Capital Loss

 

 

 

 

Q18) Change in the capital Ale of proprietor may occur due to

 

 

 

 

a) Prufit carmed b) Less incurred c) Capital Introduced d) All of the above

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