PLEASE SOLVE AT THE EARLIEST :---

I.Payment got from indebted person:

a)Decreases the complete resources

b)Increases the complete resources

c)Results in no adjustment in complete resources

d)Increase the complete liabilities

IIPayment of pay is recorded by:

a)Debiting pay a/c; crediting money a/c

b)Debiting money a/c; crediting pay a/c

c)Debiting worker a/c ; crediting money a/c

d)Debiting worker a/c ; crediting pay a/c

IIICost of resource ought to consistently be equivalent to the expense of the liabilities. This idea is

a)Double Entry Bookkeeping

b)Matching Concept

c)Consistency

d)Money estimation Concept

IV.Which of coming up next is certainly not a fixed resource?

a)Building

b)Bank Balance

c)Plant Patents

d)Goodwill

V.The essential ideas identified with p& l a/c are:

a)Realization Concept

b)Matching Concept

c)Cost Concept

d)Both an and b above

VIP& l a/c is ready for a time of one year by following:

a)Consistency idea

b)Conservatism idea

c)Accounting period idea

d)Cost Concept

VII.Insurance paid ahead of time is appeared as:

a)Current resources

b)Current liabilities

c)Fixed resource

d)Fixed risk

VIIIOutstanding pay is appeared as:

a)An resource yet to be determined sheet

b)A risk

c)By changing it in the P and L a/c

d)Both an and c above

e)Both b and c above

XI.Reserve for dubious obligations showing up in the preliminary equilibrium ought to be:

a)credited to P and L a/c

b)Shown as risk side in accounting report

c)Reduced from related resource yet to be determined sheet

d)Both an and b

e)Both an and c

X.All those to whom business owes cash are:

a)Debtors

b)Investors

c)Creditors

d)Shareholders