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Match Group I with Group II and select the correct answer using the codes given below the lists: Group I 1. Interest accrued on Investments 2. Bank Overdraft 3. Trade Mark 4. Stores and Spares

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Question

Match Group I with Group II and select the correct answer using the codes given below the lists:

Group I Group II
1. Interest accrued on Investments A. Current Liabilities-Short-term Borrowings.
2. Bank Overdraft B. Property, Plant and Equipment and Intangible Assets-Intangible Assets.
3. Trade Mark C. Current Assets-Inventories.
4. Stores and Spares D. Current Assets-Other Current Assets.

Options

  • 1 - C, 2 - B, 3 - D, 4 - A

  • 1 - D, 2 - C, 3 - B, 4 - A

  • 1 - D, 2 - A, 3 - B, 4 - C

  • 1 - D, 2 - A, 3 - C, 4 - B

MCQ
Match the Columns
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Solution

1 - D, 2 - A, 3 - B, 4 - C

Explanation:

Group I Group II
1. Interest accrued on Investments D. Current Assets-Other Current Assets.
2. Bank Overdraft A. Current Liabilities-Short-term Borrowings.
3. Trade Mark B. Property, Plant and Equipment and Intangible Assets-Intangible Assets.
4. Stores and Spares C. Current Assets-Inventories.
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Chapter 1: Financial Statements of a Company - QUESTIONS [Page 1.54]

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TS Grewal Accountancy Analysis of Financial Statements [English] Class 12
Chapter 1 Financial Statements of a Company
QUESTIONS | Q 25. | Page 1.54
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