Question : When some companies, in order to cover up their bad financial position resort to ----------- i.e., showing a better position than the one which really exists. They change their balance sheet in such a way that the important facts and truth may be concealed.

Option 1: Book keeping 

Option 2: Accounting 

Option 3: Accountancy 

Option 4: Window dressing 

Question : In the Balance Sheet, Total Debtors appear at Rs.5, 00,000 and Provision for Doubtful Debts appears at Rs. 1,50,00. How much amount will be realised from Debtors if bad debts amount to Rs. 1,00,000 and remaining debtors are realised at a discount of 5%?

Option 1: Rs 3,80,000

Option 2: Rs 3,65,000

Option 3: Rs 3,65,750

Option 4: Rs 3,95,000

Question : In the Balance Sheet, Total Debtors appear at Rs.5, 00,000 and Provision for Doubtful Debts appears at Rs. 1,50,00. How much amount will be realised from Debtors if bad debts amount to Rs. 1,00,000 and remaining debtors are realised at a discount of 5%?

Option 1: Rs 3,80,000

Option 2: Rs 3,65,000

Option 3: Rs 3,65,750

Option 4: Rs 3,95,000

Question : On dissolution of a firm, debtors Rs 34,000 were shown in the Balance Sheet. Out of this Rs 4000 became bad. One debtor became insolvent. 70% were recovered from him out of 10,000. The full amount was recovered from the balance debtors. On account of this item, the loss in realisation account will be:

Option 1: 5,100

Option 2: 7,000

Option 3: 3,500

Option 4: 2,000

Question : On dissolution of a firm, debtors Rs 34,000 were shown in the Balance Sheet. Out of this Rs 4000 became bad. One debtor became insolvent. 70% were recovered from him out of 10,000. The full amount was recovered from the balance debtors. On account of this item, the loss in realisation account will be:

Option 1: 5,100

Option 2: 7,000

Option 3: 3,500

Option 4: 2,000