Top 1000+ Solved Financial Accounting MCQ Questions Answer
Q. Wages paid on for the erection of machinery is debited to
a. Machinery accounting
b. Wage accounting
Q. Asset that can be converted into cash within a year are called _________asset
a. Current
b. Fixed asset
Q. Withdrawing more amount from bank than the deposit in the account is termed as____
a. Fixed deposit
b. Current deposit