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Question

Economics Question on Income and Expenditure Account

Match List I with List IILIST ILIST II
ARevenue Receipt
BCapital Receipt
CRevenue Expenditure
DCapital Expenditure

Choose the correct answer from the options given below:

A

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

B

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

C

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

D

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

Answer

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

Explanation

Solution

The Correct Option is (B): A-IV, B-I, C-II, D-III