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Goods Sold Statement Quiz

Which of the following is non- profit organization?

Commercial Accounting is based on:

An Asset that is NOT physical in nature is called

In cost of goods sold statement, the ‘cost of material consumed’ is equal to:

What would be the value of total factory cost, if the cost of material consumed during the month is $6,000, labor cost incurred is $2,000 and the factory over head cost is $2,500?

In cost of goods sold statement the ‘cost of goods manufactured’ is equal to:

Which of the following entry is passed to record discount allowed in control account?

Which of the following entry will be recorded, if a cheque deposited is dishonored by bank?

In which of the following auditor’s remuneration payable is shown?

In which of the following interim dividend is treated?

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