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Financial Forensics · Quiz 1 · 16 Jul 2023 · May 2023 term

Question 9: A business invested ₹ 15,00,000 in a bank in the form of …

Question 9

+1 markOne correct option

A business invested ₹ 15,00,000 in a bank in the form of fixed deposit. The transaction will result in

  1. A

    Increase and decrease in assets

  2. B

    Increase in assets and decrease in liability

  3. C

    Increase in expenditure and asset

  4. D

    Increase in liability and decrease in assets

Show answer

Correct answer

  • A

    Increase and decrease in assets

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Question 9 of 35 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 16 Jul 2023, in the May 2023 term (IIT M DEGREE AN2 EXAM QPE2 16 JULY 2023). It carries 1 mark.

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