Financial and Management Accounting

1: Match List I (Financial Statements and Accounts) with List II (special matters associated with statements and accounts) and select the correct answer using the codes given below the lists:     List I                                                                                      List II a. Receipts and Payments Account                                 I. Revenue b. Income and Expenditure Account                               II. Cash c. Dividend Equalisation Reserve                                 llI. Liability d. Club subscription received in Advance Account    IV. Balance Sheet                                                                                              V. General Reserve
A.

 a   b    c    d

 II    I    IV    III

B.

 a   b    c    d

 III   II   IV    V

C.

 a   b    c    d

 II    I     V    III

D.

 a   b    c    d

 I    II    IV    V

 

Answer : A

Explanation :

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Option: A

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