send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Income and Expenditure Account records transactions of:
Revenue nature only
Capital nature only
Both revenue and capital nature
Income of only revenue nature and expenditure of revenue and capital nature.
- Option 1: Revenue nature only
- Typically refers to the day-to-day income and expenses.
- Covers regular, ongoing activities and operations.
- Does not consider capital income or expenditures.
- Option 2: Capital nature only
- Involves transactions related to assets, investments, or long-term benefits.
- Not focused on regular operational activities.
- Option 3: Both revenue and capital nature
- Encompasses all financial transactions, both operational and long-term.
- Generally not how Income and Expenditure Accounts are structured.
- Option 4: Income of only revenue nature and expenditure of revenue and capital nature
- Records all revenue income, but includes both revenue and capital expenditures.
- Reflects true financial performance and position.
- ? Correct understanding of the Income and Expenditure Account.
Report error
Access to prime resources