1 |
Which of theses assets is an intangible asset |
Building
Cash
Furniture
Good will
|
2 |
For payment of bill of exchange grace days are |
2 days
3 days
5 days
4 days
|
3 |
Cash and goods invested by the proprietor in business is called |
Investment
Capital
Drawings
None of these
|
4 |
The cheque which is returned by the bank unpaid is called |
Cross cheque
Dishonour cheque
Bearer cheque
Order cheque
|
5 |
Trial balance is prepared to detect |
Errors of omission
Compensating errors
Errors of commission
Errors of principles
|