Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

From the following find out the correct equation: I. A represents opening stock II. B represents purchases III. C represents closing stock IV. D represents cost of goods sold

Select the correct option to test your answer:

More Commerce Questions

The term optimum allocation on consumer's expenditure on various goods and services is used in A, B and C are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2. They agreed to take D into partnership and gave him $$\frac{1}{8}$$ share. What will be their new profit sharing ratio? Two alternative expected returns are compared with help of In life insurance, the risk insured is Dividend declared by a company ________.