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Question

Accountancy Question on Balance sheet statement

Match LIST I with LIST IILIST I
| LIST II

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A| Gain on sale of sports material | I| Liability side of Balance Sheet
B| Donation for Library | II| Income side of Income and Expenditure A/c
C| Grass seeds purchased| III| Assets side of Balance Sheet
D| Accrued Subscription| IV| Expenditure side of Income and Expenditure A/c
Choose the correct answer from the options given below

A

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

B

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

C

(A)-(II), (B)-(III), (C)-(I), (D)-(IV)

D

(A)-(I), (B)-(II),(C)-(IV), (D)-(III)

Answer

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

Explanation

Solution

The correct option is (A) :(A)-(II), (B)-(I), (C)-(IV), (D)-(III)