HomeTestsSearchRankProfile
mediumMCQCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026Accountancy
1 mark

Match List-I with List-II and choose the correct answer from the options given below:List-I (Equal amount of drawings made)(A) At the end of each half year(B) At the beginning of each quarter(C) At the beginning of each month(D) At the end of each quarterList-II (Number of month for which interest calculated)(I) months(II) months(III) months(IV) months

  1. A
    (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
  2. B
    (A) - (IV), (B) - (III), (C) - (I), (D) - (II)
  3. C
    (A) - (IV), (B) - (II), (C) - (I), (D) - (III)
  4. D
    (A) - (IV), (B) - (III), (C) - (II), (D) - (I)

Solution & Step-by-step Explanation

Let's calculate the average period for interest on drawings:At the beginning of each quarter:

At the beginning of each month:

At the end of each quarter:

At the end of each half year:

Matching gives: (A) - (IV), (B) - (III), (C) - (II), (D) - (I).

Practice this question

Try it yourself before checking the explanation above.

Match List-I with List-II and choose the correct answer from the options given below:List-I (Equal amount of drawings made)(A) At the end of each half year(B) At the beginning of each quarter(C) At the beginning of each month(D) At the end of each quarterList-II (Number of month for which interest calculated)(I) months(II) months(III) months(IV) months
A
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
B
(A) - (IV), (B) - (III), (C) - (I), (D) - (II)
C
(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
D
(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Accountancy.

Discussion