info@avatto.com
+91-9920808017
46. Sales – Gross Profit = ________
Cost of goods sold
Net sales
Gross Sales
Liabilities
Your email address will not be published. Required fields are marked *
Report
Name
Email
Website
Save my name, email, and website in this browser for the next time I comment.
Comment
47. Which of the following is a Real A/c?
Building A/c
Capital A/c
Shyam A/c
Rent A/c
48. Valuation of stock in accounting follows the principle of cost price or ____ whichever is lower.
Market Price
Average Price
Net realizable value
None of these.
49. Which of the following is not a nominal Account?
Outstanding salaries Account
Salaries account
Interest paid
Commission received
50. Mr. X is a dealer in electronic goods (refrigerator, washing machine, air conditioners, televisions, etc.) He purchased two air conditioners and installed in his showroom. In the books of X, the cost two air conditioners will be debited to
Drawing account
Capital Account
Fixed assets
Purchases account
Login with Facebook
Login with Google
Forgot your password?
Lost your password? Please enter your email address. You will receive mail with link to set new password.
Back to login