Choose the most appropriate answer from the given options: 1. The essential feature of the double accounts system is (a) Followed by the public utility concerns. b) Presentation of capital receipts and capital expenditures in a separate account. (c) It is a special method of presenting accounts kept under double entry system rather than special method of keeping the accounts. (d) All of the above. 2. In Double Accounts System, the balance sheet is subdivided into (a) Profit and Loss Appropriation Account and General Balance Sheet. (b) Revenue Account and Statement of Affairs (c) Receipts and Expenditure on Capital Account and General Balance Sheet. (d) Revenue Account And Profit And Loss Appropriation Account. 3. The receipts and expenditure on capital account shows (a) Amount at the commencement of the period. (b) Amount received or spent during the period. (c) Balance left at the end of a period. (d) All of the above. 4. Power Electric Company decides to replace one of its old plant by an improved plant with larger capacity. The cost of the new plant is Rs. 16,00,000. Materials and Labour earlier and now are in the ratio of 4 : 6.Original cost of the old plant is Rs. 3,00,000. Materials cost has gone up by 2