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3:16) is a tallied Trial Balance a conclusive proof of accuracy of the ledger accounts? Give one errorwhich may still remain even if the trial balancetallies?3:17)Under the Companies Act,all companies are required to maintain theiraccounts according to :a) Cash basisc)Either cash or accrual basisb) Accrual Basisd)None of the above3:18)Classiry the following into Real, Personal or Nominal Accounts:a)Commission Accruedb)Commission Paid2:19)When closing capital is more than opening capital, it denotesa)Profitc)No profit, no lossb) Lossd)Profit, if there is no introduction offresh capital2:20)If capital at the end of the year is Rs40,000, Capital introduced during the year is Rs30,000,drawings forhe year Rs20,000 and the loss for the year is Rs60,000, thetsvapital at the beginning of the year is:a)Rs90,000c)Rs70,000b)Rs80,000d)Rs 10,000 |
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Answer» hsjekririehrbrkrkrj Explanation: ugfjikdjdvdjeirirueehe |
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