Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

Which of the following accounts may have a debit or credit balance?

Select the correct option to test your answer:

More Commerce Questions

The method of finding NNP is- A frequency distribution has three groups in which the total number of frequencies are 100, 125 and 150 and their mean are 20, 15 and 25 respectively. The collective mean of the entire distribution will be The decision which does not incur any expenses is known as _________. Match List-I with List-II : List-I List-II a. Sec 6(i) 1. Agriculture Income b. Sec 10AA 2. Leave Travel Concession c. Sec 10(i) 3. Resident d. Sec 10(5) 4. Leave Salary Choose the correct option from those given below: If the demand for a good is price elastic, a fall in its price will lead to: (i) A rise in sales (ii) A fall in sales (iii) A rise in total expenditure on the good (iv) A fall in total expenditure on the good