Match the items given under ‘A&rsq | Class 11 Accountancy Chapter Financial Statements - 1, Financial Statements - 1 NCERT Solutions

Question:

Match the items given under ‘A’ with the correct items under ‘B’
(i) Closing stock is credited to                                                  (a) Trial balance
(ii) Accuracy of book of account is tested by                            (b) Trading account
(iii) On returning the goods to seller, the buyer sends              (c) Credit note
(iv) The financial position is determined by                              (d) Balance sheet
(v) On receiving the returned goods from the                          (e) Debit note
buyer, the seller sends

Answer:

(i)  (b)
(ii)  (a)
(iii)  (e)
(iv)  (c)
(v)  (d)


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Welcome to the NCERT Solutions for Class 11 Accountancy - Chapter . This page offers a step-by-step solution to the specific question from Excercise 20 , Question 2: Match the items given under ‘A’ with the correct items under ‘B’ (i) Closin....