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 DebentureRedemption Fund account                                    I. Realisation account  b. Balance of Sinking Fund account for the  replacement of an asset     II. Funds flow statement c. On dissolution of a firm, the provisions made for doubtful debts         Ill. General reserve     appearing in Balance Sheet d. Financial consequences of business operations                                   IV. Asset account
A.

 a   b    c    d

 I    II    III    IV

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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