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easyMCQCUET Accountancy 2022 20 July Shift 12026Accountancy
1 mark

Match List - I with List - II
image
Choose the correct answer from the options given below:

  1. A
    (a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)
  2. B
    (a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
  3. C
    (a) - (ii), (b) - (iv), (c) - (iii), (d) - (i)
  4. D
    (a) - (iv), (b) - (i), (c) - (ii), (d) - (iii)

Solution & Step-by-step Explanation

(a) Honorarium is a revenue expense (iii). (b) Life Membership Fees is a capital receipt added to Capital Fund (iv). (c) General Donations are regular income credited to Income and Expenditure (ii). (d) Outstanding subscription is an accrued income shown on the Asset side (i).

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Match List - I with List - II
image
Choose the correct answer from the options given below:
A
(a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)
B
(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
C
(a) - (ii), (b) - (iv), (c) - (iii), (d) - (i)
D
(a) - (iv), (b) - (i), (c) - (ii), (d) - (iii)

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