Commerce: Accounts MCQs
11. Question
Wages paid to Mohan for erecting a machine should be debited to
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12. Question
A second-hand car is purchased for Rs. 10000, the amount of Rs. 1000 spent on its repairs, Rs. 500 is incurred to get the car registered in the owner’s name and Rs. 1200 is paid as dealer’s commission. The amount debited to the car will be
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13. Question
Rs 2500 spent on the overhaul of machines purchased second-hand
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14. Question
Advertising campaign to launch a new product
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15. Question
Which of the following is/are a current asset?
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