- Sole proprietorship
- Joint stock company
- Co-operative society
- Partnership
- c
-
Cooperative Society is basically a voluntary association.
- Owner’s Equity Statement
- Balance Sheet
- Income Statement
- Cash Flow Statement
- b
-
Balanced Sheet is prepared on the end of an accounting period.
- Operating Leverage
- Manufacturing Leverage
- Financial Leverage
- None of these
- c
-
Financial Leverage is an investment strategy that is implemented on borrowed money.
- Turnover ratios
- Short term solvency ratio
- Profitability ratios
- Long term solvency ratio
- c
- Direct cost
- Indirect cost
- Sunk cost
- imputed cost
- a
-
Wages are related to Expense Account head.
Wages are mentioned in Debit Side.
- Always has a credit balance
- May have a debit balance and credit balance
- Always has no balance
- Always has a debit balance
- b
- Authorized capital
- Issued capital
- Paid up capital
- None of these
- c
-
Dividend is a regular payment on profit that given to the investors.
- Trading account only
- Balance sheet only
- Trading account and balance sheet
- Profit and loss account only
- b
- Depreciation
- Accounts receivable
- Accounts payable
- Inventory
- a