aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Theoretical Framework of Accounting (CA - CPT)
  • Closing inventory is shown in balance sheet under which o...
Multiple choice

Closing inventory is shown in balance sheet under which of the following?

  1. Fixed assets

  2. Current liabilities

  3. Current assets

  4. Miscellaneous expenses

  5. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Inventory will be shown under current assets.

Keep practicing — related questions

  • The item closing inventory is shown in the balance-sheet under
  • Unclaimed dividend is shown in balance sheet under which of the following?
  • The balance-sheet is related to the income statement in the same way that: Directions: Read the following p...
  • MILLER is an administrator who has FULL DBA privileges. When he attempts to drop the DEFAULT profile as sho...
  • Consider the following command: DROP TABLE ITEM; An explicit COMMIT has NOT been issued. What can be done t...
  • MILLER is an administrator who has FULL DBA privileges. When he attempts to drop the DEFAULT profile as sho...
  • Match the following: | || |---|---| | 1. Foreign Trade Policy | (i) Minimum Support Prices | | 2. Industria...
  • Match the following: | || |---|---| | List - I | List - II | | (a) WTO | (i) Provides loans to address shor...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Accounting Principles and Practice (1241 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy