Method of Accounting and Records Chapter- 11
(b) deduction of tax
(c) none of aboveQ.26 Deduction means any amount _____ to trading account, manufacturing account, receipts and
expenses account or profit and loss account
(a) Debited
(b) credited
(c) added
(d) all of above
ANSWERS
1 (b) 2 (c) 3 (c) 4 (b) 5 (c)
6 (e) 7 (a) 8 (d) 9 (d) 10 (c)
11 (b) 12 (d) 13 (d) 14 (a) 15 (a)
16 (c) 17 (b) 18 (a) 19 (a) 20 (d)
21 (c) 22 (c) 23 (d) 24 (a) 25 (b)
26 (a)