Impersonal real accounts include:
i. expenditure o...
Impersonal real accounts include:
i. expenditure on telephone
ii. motor vehicles
iii. expenses on telegram
iv. land and buildings
i and iii
iii and iv
ii and iv
i, ii and iii
i, ii, iii and iv
Correct answer is C
No explanation has been provided for this answer.
The concept which deals with the exclusion of trivial items in the accounting records is ...
An amount set aside to meet expenses whose value is not certain is a ...
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6...