MCQOPTIONS
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| 1. |
Match the following List I List II A. A person who owes something is called 1. Ledger B. Balance sheet is not a .account. 2. Personal accounts C. An obligation of business is......... 3. Debtor D. The rule Debit the receiver and credit the given is for.......... 4. Liability Codes |
| A. | A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2 |
| B. | A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 |
| C. | A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 |
| D. | A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 |
| Answer» D. A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 | |