The purpose of the trading account is to ascertain
Carriage outwards
Gross profit
Distribution expenses
Net profit
Correct answer is B
No explanation has been provided for this answer.
The main classes of shares are
Preference shares and roghts issue
Fixed shares and current share
Ordinary shares and preference shares
Redeemable shares and Irredeemable shares
Correct answer is C
No explanation has been provided for this answer.
Dividend proposed by a company is shown in its Balance Sheet as
Current asset
Current liability
Long-term liability
Fixed asset
Correct answer is B
No explanation has been provided for this answer.
Company tax paid is debited to
Profit and loss appropriation
Manufacturing account
Profit and loss account
Trading account
Correct answer is A
No explanation has been provided for this answer.
1 cm
\(\sqrt{2}\) cm
2 cm
4 cm
Correct answer is C
The area of sector in radians = \(\frac{r^{2} \theta}{2}\)
\(3 cm^{2} = \frac{1.5 \times r^{2}}{2}\)
\(r^{2} = \frac{3 \times 2}{1.5} = 4\)
\(r = 2 cm\)