Profit and Loss appropriation account MCQ Quiz The below Profit and Loss appropriation account MCQ are designed for conceptual clarity. Attempt the test and check your concepts now!!! MCQ Quiz – Practice Questions MCQ Quiz Question 1 What is the primary purpose of preparing a Profit and Loss Appropriation Account? To calculate the net profit […]
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MCQ Quiz – Practice Questions MCQ Quiz Question 1 Which of the following closely resembles a charge against profits Distribution of profit to partners Deduction from revenue to determine net profit/loss Allocation of reserves Payment made only when there is profit B Correct Answer: Deduction from revenue to determine net profit/loss A charge against profits
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MCQ Quiz – Practice Questions MCQ Quiz Question 1 If a partner takes a loan from the firm for personal use, what is this treated as? Partner's Capital Loan by partner to firm Loan by firm to partner Partner's Drawings C Correct Answer: Loan by firm to partner When a partner borrows money from the
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Understanding Domestic Territory in Economics Today we will learn about an important concept in Economics called Domestic Territory. This concept is very important for calculating national income. What is Domestic Territory? Domestic Territory is the geographical area that a country’s government controls or manages. It’s the place where people, goods, and money can move around
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Below you will find the national income and related aggregates mcq class 12. These mcq on national income and related aggregates are prepared by experts as per the latest CBSE curriculum. There are two formats for these multiple choice questions. First are interactive self test where you can attempt the test. When you submit the
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Below you will find the basic concepts of macroeconomics class 12 mcq. These mcq on basic concepts of macroeconomics are prepared by experts as per the latest CBSE curriculum. There are two formats for these multiple choice questions. First are interactive self test where you can attempt the test. When you submit the test then
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Prepare effectively for your upcoming exams with our wide range of Class 12 Economics MCQs, designed to match the latest CBSE and CUET patterns. Whether you’re looking to take a quick Class 12 Economics MCQ online test, or practice with detailed Class 12 Economics MCQs with answers, we’ve got you covered. This collection includes hundreds
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MCQ Quiz – Practice Questions MCQ Quiz Question 1 What is referred to as an increase in the stock of capital during a year? Depreciation Obsolescence Investment Consumption C Correct Answer: Investment Investment is the increase in the stock of capital during a year. Question 2 Which of the following is also known as capital
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T S Grewal class 12 solutions change in profit sharing ratio 2025-2026 (Q Nos 21 to 30) Need T S Grewal change in psr solutions 2025-2026 for your Class 12 Accounts exams? We’ve got you covered! Below you will find clear explanations and solutions for all the T S Grewal change in profit sharing ratio
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T S Grewal class 12 solutions change in profit sharing ratio 2025-2026 (Q Nos 11 to 20) Need T S Grewal change in psr solutions 2025-2026 for your Class 12 Accounts exams? We’ve got you covered! Below you will find clear explanations and solutions for all the T S Grewal change in profit sharing ratio
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