Due to increase in closing inventory— i. Gross profit increases ii.Net purchases increase iii. Cost of goods sold decreases Which one is correct?

1.Which is the scientific method of inventory storage?

2.Items included in office and administrative overhead are— i. Office rent ii. Printing and stationery iii. Furniture depreciation Which one is correct?

3.What is Suman's normal wage?

4.The effective tool for inventory control is— i. Bin Card ii. Stores ledger iii. Perpetual inventory system Which one is correct?

5.Mr. Rahman, a partner of a partnership business, withdraws 2,000 Taka monthly at mid-month. Interest is charged at 5%. How much annual interest will be charged on his drawings?

6.Formula for calculating saleable units?

7.The main basis of partnership business is—

8.If opening inventory is overstated, what will be the effect on financial statements?

9.What is called the Articles of Association of a Joint Stock Company?

10.What type of loss is “Share Discount”?

11.How much will be transferred as capital?

12.What is a company's balance sheet?