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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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 is the trade account?

  • Ans 1: The trading account shows the result of buying and selling of goods,It is prepared to determined gross profit or gross loss of the business.
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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 is the trade account?

  • Ans 1: The trading account shows the result of buying and selling of goods,It is prepared to determined gross profit or gross loss of the business.
Submit

ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 2

Question # 1

Define intangible assets.

  • Ans 1: Assets which have no physical existence and which can not be seen and touched but felt are called intangible asset.
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ICOM Part 1 Principles of Accounting Chapter 9 Short Question Preparation - Set 3

Question # 1

Define marshalling.

  • Ans 1: The term marshalling mean the order in which assets and liabilities are stated on the balance sheet.
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11th Class Principles of Accounting Chapter 9 Preparation

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