Financial and Management Accounting

1: Match List-I with List-II and select the correct answer using the codes given below the lists:     List-I                                                                                                   List-II a. Balance of Debenture Redemption Fund account                 I. Realisation Account b. Balance of Sinking Fund account for                                        II. Funds flow statement      the replacement of an asset. c. On dissolution of a firm, the provisions made for                  III. General Reserve     doubtful debts appearing in Balance Sheet. d. Financial consequences of business operations.                 IV. Asset account  

 

A.

a     b      c      d  

IV    III      I      II

B.

a     b      c      d  

III    IV      I      II

C.

a     b      c      d  

I       II      IV    III

D.

a     b      c      d  

III    IV      II      I

 

Answer : B

Explanation :

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Option: A

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