A Bill of Exchange is drawn on 1st April, 2018 payable after 3 months. The due date of the bill is?
A. 30th June,2018 B. 1st July,2018 C. 4th July,2018 D. 4th August,2018
accounting-mcqs
accounting-mcqs
accounting-mcqs
A club paid subscription fees of `1,400. Out of which ` 200 is prepaid. In such case
A. P&L A/C is debited with 1,400 B. P&L A/C is debited with 1,200 C. 200 is shown as current
accounting-mcqs
A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be
A. 37.50 B. 38.25 C. 24.00 D. 35.00
accounting-mcqs
A foreign bill of exchange is generally drawn up in___________?
A. Triplicate B. Duplicate C. Single D. Quadruplicate