I.Com Part 1 Principles of Accounting Chapter 9 Final Accounts Short Question Preparation


11th Class Principles of Accounting
Chapter 9 Preparation

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11th Class Principles of Accounting Chapter Wise Preparation

Online Short Questions For Chapter 9 "ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation "

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Principles of Accounting - ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation

Question # 1

What are indirect expenses?

  • Ans 1: All those expenses other than direct expenses are known as indirect expenses.These expenses include salaries rent,interest etc.
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Prepare Complete Set Wise Questions For Chapter 9 "ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation "

ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 1

Question # 1

What are indirect expenses?

  • Ans 1: All those expenses other than direct expenses are known as indirect expenses.These expenses include salaries rent,interest etc.
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ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 2

Question # 1

Define balance sheet.

  • Ans 1: Balance sheet is a statement of assets ,liabilities and owner equity which show the financial position of the business on a particular date.
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ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 3

Question # 1

Define Creditors.

  • Ans 1: The persons from whom purchases are made on credit basic or the persons to whom money are to paid in near future is called creditors.
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Principles of Accounting
9th Chapter

11th Class Principles of Accounting Chapter 9 Preparation

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