Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    Match the following
    List I List II
    A. Final accounts are prepared after  preparation of 1. Land
    B. Trading account and profit and loss are………statements. 2. Trial Balance
    C. ………is  a tangible fixed assets 3. Balance Sheet
    D. Suspense account appearing in trial balance is shown in 4. Periodic
    Codes

    A)          A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3

    B)  A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]3

    C)  A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]3

    D)  A\[\to \]1, B\[\to \]1, C\[\to \]2, D\[\to \]3

    Correct Answer: A


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