Assertion Resaon MCQs of Depreciation Class 11 with Answers for CBSE, ISC and State Boards Assertion (A): Depreciatoin is the decline in the book value of tangible fixed assets (except land). Reason (R): Such decline is of a temporary nature.…
Assertion Reason MCQs of Trial Balance Class 11 with Answers for CBSE, ISC and State Boards Assertion (A): Trial Balance is a part of Double Entry System. Reason (R): It helps in preparation of final accounts. Options: (a) Both (A)…
MCQs of Trial Balance Class 11 with Answers for CBSE, ISC and State Boards Trial Balance is (a) a statement(b) a summary(c) an account(d) None of these Ans – (a) Trial Balance is: (a) A Personal A/c(b) A Real A/c(c)…
Assertion Reason MCQs of Bank Reconciliation Class 11 with Answers for CBSE, ISC and State Boards Assertion (A): Bank Reconciliation Statement is not a part of Double Entry Book-Kepping. Reason (R): It is a method to ensure that there are…
MCQs of Bank Reconciliation Class 11 with Answers for CBSE, ISC and State Boards Bank Reconciliation Statement is prepared so that the difference between the undermentioned balances can be reconciled: (a) Difference between the balance in the bank and the…
