1.

If interest on provident fund investment is given only in trial balance then where would its effect appear in final accounts?(a) Credit side of Trading A/c(b) Credit side of Profit and Loss A/c(c) Added in assets side of provident fund investments in Balance Sheet.(d) Added in Liabilities side of provident fund in Balance Sheet.

Answer»

Correct option is (d) Added in Liabilities side of provident fund in Balance Sheet.



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