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Find the odd one :Cash in Hand, Debtors, Outstanding Income, Reserve for Doubtful Debts - Book Keeping and Accountancy

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Question

Find the odd one :

Options

  • Cash in Hand

  • Debtors

  • Outstanding Income

  • Reserve for Doubtful Debts

MCQ
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Solution

Reserve for Doubtful Debts

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Chapter 9: Final Accounts of a Proprietary Concern - EXERCISE [Page 318]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
EXERCISE | Q 6. 5) | Page 318

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Answer in One Sentence:
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Account prepared to know Net Profit or Net Loss.


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Account prepared to know Net Profit or Net Loss.


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1) Bank charges ₹ 22,000 11) Commission (Cr) ₹ 17,500
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Account prepared to know Net Profit or Net Loss.


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8) Advertisement ₹ 40,000
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