aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accountancy XI
  • Purchase of Rawmaterials is an example to
Multiple choice

Purchase of Rawmaterials is an example to

  1. Revenue

  2. Expenses

  3. liabilty

  4. asset

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

Because it comes under Trading a/c

Keep practicing — related questions

  • Consumable material purchase comes under
  • Revenue - Expenses = ________________
  • The purchased and issued amounts of material Y in the month of March 2008, are as follows ||| |---|---| |Ma...
  • The entry ''Purchased furniture on credit costing Rs. 20,000 from ABC Furnitures'' has been entered in the ...
  • A furniture costing Rs. 20,000, purchased on credit from ABC Furnitures, has been entered in the purchase b...
  • Directions: Substitute the given phrase with the most suitable word from among the options. A perfect model...
  • Which of the following is an example of external DOS command?
  • All of the following are examples of anoxygenic photosynthetic bacteria, except
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