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21. Human resources will not appear in the balance sheet according to ______ concept.
Accrual
Going concerned
Money measurement concept
None
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22. Provision for discount on debtors is calculated on the number of debtors.
Before deducting provision for doubtful debts.
After deducting provision for doubtful debts.
Before deducting actual debts and provision for doubtful debts.
After adding actual bad and doubtful debts.
23. Which of the following is not a Real Account?
Cash A/c
Investments A/c
Outstanding rent A/c
Purchases A/c
24. Value of goods withdrawn by the proprietor for his personal use should be credited to ____
Capital A/c
Sales A/c
Drawings A/c
25. Which of the following is incorrect?
Good will intangible asset
Sundry debtors - current asset
Loose tools tangible fixed asset
Outstanding expenses -current asset.
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