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- 1. Multiple Choice
"Sales revenue" belongs to ___________ element.
AssetLiabilityEquityIncomeExpense - 2. Multiple Choice"Sales returns" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 3. Multiple Choice"Commission income" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 4. Multiple Choice
"Discount received" belongs to ___________ element.
AssetLiabilityEquityIncomeExpense - 5. Multiple Choice
"Discount allowed" belongs to ___________ element.
AssetLiabilityEquityIncomeExpense - 6. Multiple Choice
"Cost of sales" belongs to ___________ element.
AssetLiabilityEquityIncomeExpense - 7. Multiple Choice"Depreciation" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 8. Multiple Choice"Interest expense" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 9. Multiple Choice"Impairment loss on inventory" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 10. Multiple Choice"Impairment loss on trade receivables" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 11. Multiple Choice"Motor vehicles" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 12. Multiple Choice"Office furniture" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 13. Multiple Choice"Properties" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 14. Multiple Choice"Accumulated depreciation" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 15. Multiple Choice
"Inventory" belongs to ___________ element.
AssetLiabilityEquityIncomeExpense - 16. Multiple Choice"Trade receivables" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 17. Multiple Choice"Allowance for impairment of trade receivables" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 18. Multiple Choice"Prepaid salaries expese" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 19. Multiple Choice"Rental income receivables" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 20. Multiple Choice"Cash in hand" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 21. Multiple Choice"Long-term borrowings" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 22. Multiple Choice"Current portion of long-term borrowings" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 23. Multiple Choice"Bank overdraft" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 24. Multiple Choice"Commission income received in advance" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 25. Multiple Choice"General expense payable" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 26. Multiple Choice"Trade payables" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 27. Multiple Choice"Capital" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
- 28. Multiple Choice"Drawings" belongs to ___________ element.AssetLiabilityEquityIncomeExpense
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