- Standing Prices
- Stable Prices
- More Price Change
- Mature Prices
- c
- Minimum Life
- Economic Life
- Transaction Life
- Present Value Life
- b
- Retirement
- Resign
- Dismiss
- Corruption
- a
-
There are four types of Pension:
Compensation Pension
Invalid Pension
Superannuation Pension
Retiring Pension
- Monthly
- Daily
- Weekly
- None of above
- b
-
The Journal is a French language word and derived from “Jour” which means day. Therefore, the meaning of Journal is daily.
Transactions are recorded on daily basis in Journal.
- 03
- 04
- 05
- 06
- c
-
Transaction
Journal
Ledger
Trial Balance
Final Account
- Current Asset
- Capital
- Liability
- Drawings
- a
-
Prepaid Expenses are those expenses which are paid in advance for example Rent, Mobile Load, Insurance and Etc.
- Liability
- Capital
- Asset
- None of these
- b
-
There are six types of capital :
Trading Capital
Fixed Capital
Circulating Capital
Working Capital
Loan Capital
Watered Capital
- 02
- 03
- 04
- 05
- c
-
Current Liability
Fixed Liability
Contingent Liability
Outstanding Liability
- Capital
- Liabilities
- Drawings
- None of these
- b
- Balance Sheet
- Trial Balance
- Ledger
- Final Statement
- b
-
Profit and Loss Account is also called Income Statement.