Category: COMMERCE MCQs

Lower wages Resignation Retirement Workers’ moving nature\ Answer 1. Lower wages

Fixed assets Power backup Lifts Cash box Answer 4. Cash box

Income tax paid Interest receivable Under-absorption of office overheads Interest on debentures Answer 2. Interest receivable

Purchase of luxury car Acquisition of business firm Acquisition of a residential house property Repairs and maintenance of house property Answer 3.Acquisition of a residential house property