Managerial Accounting

. Managerial accounting information is generally prepared for__________

Management accounting is applicable to-

Management accounting concentrates on

An accounting that deals with the accounting and reporting of information to management regarding the detail information is

Bad debt amount should be credited to

Cost of goods sold= opening stock+ net purchases+ expenses on Purchases – sales Which part of formula is wrong?

Rent paid to landlord should be credited to

Financial accounting is concerned with –

Cost accounting emerged mainly on account of:

Is a person or item for which cost may be ascertained?

Amortization of intangible Asset Such as Goodwill which has indefinite life is an example of accounting concept

Accounting principles are generally based upon:

. Sales are equal to:

Income tax paid by a sole proprietor on his business income should be:

According to schedule VI Companies Act which item is not shown on Asset side of Balance sheet

Investment of X company profit in shares of other company PQR Pvt. ltd are recorded in……………….

Variable cost per unit

Carriage outward is charged to

Purchases of goods on credit from A is recorded as:

Payment received from debtor:

Which of the following is not a fixed asset?

P& l a/c is prepared for a period of one year by following:

Insurance prepaid is shown as:

All those to whom business owes money are:

Credit balance of profit & loss a/c shown on