Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

Which of the following account will be credited when the goods are purchased on credit from Mr. Ali?

Select the correct option to test your answer:

More Commerce Questions

For the PIO to disclose certain information, the Competent Authority should be satisfied that larger public interest warrants its disclosure. This information pertains to: When Goods are imported for the purpose of export, it is called X and Y are partners who share profit and loss in the ratio of 2 : 1, and who have capital balances (credit) of Rs. 40,000 and Rs. 30,000 respectively. If Z, with the consent of Y, acquired one-half of X's interest for Rs. 25,000, for what amount would Z's Capital Account be credited: Which of the following person is eligible to seek advance ruling from authorities? Idle time is ________.