Menu
Question 22 Accountancy 2024 Medium MCQ +5.00 marks · -1.00 negative

On dissolution of a firm, bank overdraft is transferred to:

Click an option to submit your answer.

More CUET Accountancy 2024 questions to practise

Accountancy 2024 MCQ

The common fields used in a relationship between tables are called:

Practise this question →
Accountancy 2024 MCQ

Arrange the following steps in the correct sequence of the life of a company: (A) Commencement of Business (B) Incorporation (C) Promotion (D) Floatation Choose the correct answer from the options given below:

Practise this question →
Accountancy 2024 MCQ

The Sales and Accounts Receivable Subsystem deals with:

Practise this question →
Accountancy 2024 MCQ

Arrange the following in the correct order: (A) Subscribed Capital (B) Issued Capital (C) Authorised Capital (D) Paid-up Capital (E) Called-up Capital Choose the correct answer from the options given below:

Practise this question →
Accountancy 2024 MCQ

The components of Computerised Accounting System are:

Practise this question →
Accountancy 2024 MCQ

The Deceased Partner's Capital Account includes the following amount/balances: (A) Opening balance of his capital (B) His share of profit/loss till the date of death (C) His share of General Reserve (D) His drawings till the date of death (E) Amount paid to his executors Choose t…

Practise this question →
Accountancy 2024 MCQ

While preparing Cash Flow Statement, purchase of goodwill is treated as:

Practise this question →
Accountancy 2024 MCQ

Identify the correct sequence of the following steps involved in calculating Cash flows from operating activities of a company: (A) Operating profit before working capital changes (B) Cash generated from operations (C) Income tax paid (D) Net cash flow from operating activities (…

Practise this question →