Multiple Choice Questions on If there is a lsquo Match Fund rsquo then match expenses and incomes are transferred to ........ for Commerce 12th Preparation

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Multiple Choice Questions

If there is a lsquo Match Fund rsquo then match expenses and incomes are transferred to ........

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If there is a ‘Match Fund’, then match expenses and incomes are transferred to:

Income and Expenditure A/c

Incorrect Answer

Assets side of Balance Sheet

Incorrect Answer

Liabilities side of Balance Sheet

Correct Answer

Both Income and Expenditure A/c and to Balance Sheet

Incorrect Answer
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Explanation:

Liabilities side of Balance Sheet

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