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.
Six boxes G, T, D, S, L and W are kept one above another. The bottommost box is numbered as 1 and the topmost box is numbered as 6. G is three boxes bel...
Select the option that is related to the third term in the same way as the second term is related to the first term.
AOE : FUJ :: RKT : ?
In each of the following questions, select the related word from the given alternatives:
COVER : EMXCT :: MOUSE : ?
- Select the option that is related to the third word in the same way the second word is related to the first word.
Mimic: Imitate :: Meander: ? - Select the option that is related to third number cluster in the same way second number cluster is related to first number cluster.
18: 360 :: 24: ... Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to t...
- In the following question, select the related word from the given alternatives.
MARINATE : AAEIMNRT :: DEFECTIVE: ? How many numbers between 1 to 50 are there, which are not only exactly divisible by 4 but also has 4 as a digit?
Select the option in which the numbers are related in the same way as the numbers in the following set.
[36, 18, 36]
[54, 29, 50]
...The two given expressions on either side of the ‘=’ sign will have the same value if two terms on either side or on the same side are interchanged....
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