Question

Match the items shown in Financial Accounts:

List I	List II
(A) Purely Financial Charges	(I) Dividend Received
(B) Appropriation of Profits	(II) Interest on Bank Loan, Mortgage, and Debentures
(C) Writing off Intangible and Fictitious Assets	(III) Dividend Paid
(D) Pure Financial Incomes	(IV) Amortisation

Choose the correct answer from the options given below:

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

Hint:

Categorize financial transactions accurately to maintain clarity in financial state ments.

Answer 1

The Correct Option is B

- Purely Financial Charges: Amortisation involves spreading out financial expenses.
- Appropriation of Profits: Dividend Paid reflects distribution of profits.
- Writing Off: This pertains to Intangible Assets via Depreciation.
- Financial Income: Dividend Received is part of income.