

MCQOPTIONS
Saved Bookmarks
1. |
Which of the following items are shown in the income and expenditure account? |
A. | Only items of capital nature. |
B. | Only items of revenue nature which are received during the period of accounts. |
C. | Only items of revenue nature pertaining to the period of accounts. |
D. | Both the items of capital and revenue nature. |
Answer» D. Both the items of capital and revenue nature. | |