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Financial Accounting Quiz (Account, Asset, Depreciable)

In which of the following interim dividend is treated?

The statement of changes in equity basically shows the movement of:

Which of the following can offer its share to general public at large?

In case of fixed capital accounts, other transactions such as Drawings and Profit etc. are recorded in a separate account that is called .

Which of the following account will be debited when the interest on drawings is charged?

Which of the following account will be credited when interest on capital is charged against the distribution of profit?

A debit balance in the Bank Statement indicates:

Depreciable value of an asset is equal to:

If a business pays rent in advance for 12 months, it will be treated as:

Which of the following asset is, generally, NOT depreciated?

Tagged as: account
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