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Commerce · Q2629

Accounting

Graduate and Post Graduate · Commerce · question 2629

Q2629

Match List-I (financial statements and accounts) with List-II (special matters associated with statements and accounts) and select the correct answer using the options given below the lists: List-I List-II a. Receipts and payments 1. Revenue account b. Income and expenditure account 2. Cash c. Dividend equalisation reserve 3. Liability d. Club subscription received in advance account 4. Balance sheet 5. General reserve

Match List-I (financial statements and accounts) with List-II (special matters associated with statements and accounts) and select the correct answer using the options given below the lists:
List-I List-II
a. Receipts and payments 1. Revenue account
b. Income and expenditure account 2. Cash
c. Dividend equalisation reserve 3. Liability
d. Club subscription received in advance account 4. Balance sheet
5. General reserve
A.
a-2, b-1, c-4, d-3
Answer
B.
a-3, b-2, c-4, d-5
C.
a-2, b-1, c-5, d-3
D.
a-1, b-2, c-4, d-5

Answer: Option A

Solution

Answer: Option A
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