12th class Principle of Accounting chapter 2 short question with answers for ICom part 2 Principle of Accounting Chapter 2

Online Short Questions For Chapter 2 "ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation "

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Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation

Question # 1

What is meant by surplus?

  • Ans 1: SUrplus is the excess of income over expenditure in case of non trading concerns ,It is also known as Surplus Balance
    We use formula to calculate surplus is given as below
    Surplus=Income-Expenditure.
  • Ans 2:

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Prepare Complete Set Wise Questions For Chapter 2 "ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation "

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

Question # 1

What is meant by surplus?

  • Ans 1: SUrplus is the excess of income over expenditure in case of non trading concerns ,It is also known as Surplus Balance
    We use formula to calculate surplus is given as below
    Surplus=Income-Expenditure.
  • Ans 2:

Submit

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Principles of Accounting
2nd Chapter

12th Principles of Accounting Chapter 2 Test

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