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Financial Accounting Quiz (Company, Capital, Account)

Which of the following capital is taken up by the general public

Accounts Receivable & Inventory are the examples of:

Which of the following account will be credited in the books of XYZ Co. Ltd, if the business purchased a vehicle though cheque?

In which of the following condition a company will have positive working capital?

Which of the following is an example of direct materials cost?

Bank Statement is a record of transactions between the bank and the holder of:

Which of the following is CORRECT if depreciation is given in trial balance?

The persons who sign articles and memorandum of the company and contribute in the initial share capital of the company are called:

Merchandise on hand at either the beginning or end of the reporting period is called_

What does a credit balance in a partner’s current account represent to a business?

Tagged as: company
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