Q161
Open questionWhich of the following financial reports shows the profitability of a business?
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Q162
Open questionAssets minus liabilities equal to
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Q163
Open questionWhich of the following financial statements shows the movement of cash and cash equivalents during an accounting period?
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Q164
Open questionGoodwill is classified as which one of the following assets?
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Q165
Open questionWhich of the following does not appear in Balance sheet?
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Q166
Open questionCurrent assets are also known as
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Q167
Open questionThe expenses related to the main operations of a business are referred to as
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Q168
Open questionA current asset that is convertible to cash within 3 months can be referred to as
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Q169
Open questionWhat is depreciation?
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Q170
Open questionUnder which depreciation method, the amount of depreciation expenses remains same throughtout the life of the asset?
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Q171
Open questionA company purchased a vehicle for Rs.6000. It will be used for 5 years and its residual value is expected to be Rs.1000. What is the annual amount of depreciation using straight line method of depreciation?
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Q172
Open questionWhich of the following is the normal balance of an accumulated depreciation account?
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Q173
Open questionHow trial balance shows the accumulated depreciation?
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Q174
Open questionWhich of the following is a double entry for deprecation expenses?
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Q175
Open questionAn alternative term used for accumulated depreciation expenses?
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Q176
Open questionWhich of the following is/are kind of depreciation expenses?
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Q177
Open questionIn depreciation calculation, the useful life of a fixed asset is:
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Q178
Open questionDepreciable amount + Residual value of a fixed asset = ?
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Q179
Open questionCost of a fixed asset - Accumulated depreciation expenses of the fixed asset = ?
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Q180
Open questionThe purchase price of a software that will be used for more than 12 months should be regarded as
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