If no distribution is made between capital and revenue-13634
If no distribution is made between capital and revenue expenditure then:
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.4.
If no distribution is made between capital and revenue expenditure then:
The figure of debtors and creditors will be incorrect
Cash or bank figure will be incorrect
Net profit will be incorrect
Balance sheet will not balance