12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Identify the correct statement:

    A) Bank overdraft is a long term borrowing

    B) Prepaid expenses are shown under other current assets

    C) Debentures issued are current liability 

    D) Dividend is paid on debentures

    Correct Answer: B

    Solution :

    Prepaid expenses are shown under other current assets


You need to login to perform this action.
You will be redirected in 3 sec spinner