vu fin611 Final Term - Quiz No.2

vu fin611 Advanced Financial Accounting Quiz

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This quiz belongs to book/course code vu fin611 Advanced Financial Accounting of vu organization. We have 2 quizzes available related to the book/course Advanced Financial Accounting. This quiz has a total of 9 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.

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Question 1: In the books of head office, the cash sales are recorded in the credit side of:
Question 2: Which of the following account will be debited for distribution of profit to partners?
Question 5: Which one of the following items will NOT appear in the Balance Sheet of a club?
Question 7: The branch which maintains its own books of accounts is called:
Question 8: While preparing the profit and loss account, advertisement expenses are allocated and apportioned to the different departments on the basis of:


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