Commerce: Accounts MCQs

depreciation appearing in the trial balance should be

The general manager is entitled to a commission of 10% on net profit after charging the commission of the works manager. The work manager is entitled to a commission of 5% on the net profit after charging the commission of the general manager. The profit before charging any commission is rupees 7500. The commission of work manager to the nearest rupee will be

Which of the following set of expenses are the direct expenses of the business?

Which of the following is not a fixed asset?

All those to whom the business owes money are