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Question 1
Overhauling Expenses are incurred Rs 10,000 for the Turbine to get better output and efficiency. This comes under:
Question 2
Estimated selling price less estimated cost of sales is
Question 3
Small payments are recorded in a book called ___.
Question 4
In case of sudden holiday, maturity date falls on
Question 5
Financial position of the business is ascertained on the basis of
Question 6
Which type of error occurs when credit sale is wrongly posted to purchases book?
Question 7
Answer the following question by using the following table :
Value of Gross Profit :
![](https://gradeup-question-images.grdp.co/liveData/PROJ8654/1511356537839100.png)
Value of Gross Profit :
Question 8
Rs. 18000 received from tenant for rent and entered correctly in the cash book. It is posted to the debit of the rent account. In the trial balance:
Question 9
Income tax paid by the sole proprietor from business bank account is debited to
Question 10
Which of the following mentioned error will not affect the trial balance?
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May 18SSC & Railway