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Match List-I with List-II | List-I | List-II | |---|---| | Expenses incurred to earn the income | Explanation | | (A). Purchase of Stock-in-trade |…

CUET UG 2025 — Accountancy Financial Statements

2025mcqeasy

Match List-I with List-II

List-I List-II
Expenses incurred to earn the income Explanation
(A). Purchase of Stock-in-trade (I). Expenses towards interest charges during the year on the borrowings
(B). Employees benefit expenses (II). Diminution in the value of fixed assets
(C). Finance cost (III). Purchases of goods for the purpose of trading
(D). Depreciation (IV). Expenses incurred on employees towards salary, wages, leave encashment, staff welfare, etc

Choose the correct answer from the options given below:

Official previous-year question

Held on 24 May 2025 · Verified 13 Jul 2026.

Options

  1. A

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

  2. B

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

  3. C

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

  4. D

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

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