Question
At the end of the accounting year, all the nominal
accounts of the ledger book are:Solution
At the end of the accounting year, nominal accounts, which include income, expenses, gains, and losses, are closed by transferring their balances to the profit and loss account. This process is essential to determine the net profit or loss for the accounting period. Once these balances are transferred, the nominal accounts are reset to zero and are not carried forward to the next accounting period.
Statement:
Only a few P are Q
Only a few Q are R ...
Conclusions:
I. No Reel is a Real.
II. Some Account are not Reel.
III. Some Reel are Hack.
Statements:
Statements:
Some schools are hospitals
Mostly hospitals are courts
Some courts are parlours
Conclusions:
I...
Statement :
Some candles are matches.
Some matches are rockets.
Conclusion:
I. Atleast some rockets are candles.
II. No rocket is a candle.
In the question below are given some statements followed by some conclusions. You have to take the given statements to be true even if they seem to be ...
Statements:
A few Red is Green.
60% Black is Green.
Only Green is Pink.
Conclusion:
I. No Pink is Black.
II. Some Black is Red.
Statement:
All petrol are diesel.
Only a few petrol are coal.
Some diesel are kerosene.
Conclusion:
All coal be...
Statement:
All Pens are pencil.
Only Pencils are Laptop.
Only Pens are Mobile.
Only Pencils are Book.
Conclusion :...
Statements:
No red is white.
All white are orange.
Some Orange are blue.
Conclusions:
I. No red is blue.
II. N...
Statements:
Only a few Objectives are Solutions.
Only Subjective are Information.
A few Subjective are Solutions.
Conclusion...
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