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Accounting and Auditing Section 2

AVATTO>>UGC NET COMMERCE>>PRACTICE QUESTIONS>>Accounting and Auditing>>Accounting and Auditing Section 2

16. How would you classify the ‘wages paid for the construction of building’?

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17. Which of the following best describes a trial balance?

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18. Contingent liabilities are those and are shown under.

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19. Which of the following is a Capital Expenditure?

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20. How would you journalise the depreciation charged on the asset?

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