Q1866
Match the following List I List II a. Capital is the difference between 1. Cost of goods sold from sales b. Gross profit is ascertained by deducting 2. To find out cost of production c. Wages paid for erecting machines are 3. Assets and liabilities d. The manufacturing account is prepared 4. Debited to machinery account
Match the following
| List I | List II |
| a. Capital is the difference between | 1. Cost of goods sold from sales |
| b. Gross profit is ascertained by deducting | 2. To find out cost of production |
| c. Wages paid for erecting machines are | 3. Assets and liabilities |
| d. The manufacturing account is prepared | 4. Debited to machinery account |
A.
a-4, b-3, c-2, d-1
B.
a-4, b-3, c-1, d-2
AnswerC.
a-3, b-4, c-1, d-2
D.
a-3, b-1, c-4, d-2
Answer: Option B
Solution
Answer: Option B
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