Millionaire Mode

Prepaid Expenses - Class XI

Question 1 of 28

Which of the following items will have a debit balance?

  1. Income received in advance
  2. Bank loan
  3. Prepaid insurance premium
  4. Reserve for doubtful debts

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000