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Model Paper 1 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountModel Paper 11 Mark
MCQ
Main elements of accounting equation are:
  • A
    Bank balance, Investments and
  • B
    Capital, Creditors and Bills Bills Receivable Payable
  • ✓
    Assets, Liabilities and Capital
  • D
    Cash, Stock and Debtors
✓

Answer

Correct option: C.
Assets, Liabilities and Capital
(C) Assets, Liabilities and Capital
Explanation:
Assets, Liabilities and Capital

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