1) stock is which type of asssets a) current assets b) fixed assets c) fictious assets d) none of these 2) how many types of accounts a) 3 b) 4 c) 2 d) 5 3) Debit the receiver and credit the giver. Belongs to a) personal account b) real account c) nominal account d) none of these 4) what is balance of assets a) credit b) debit c) both d) none of these 5) rule of current ratio is a) current assets/current liablities b) fix assets/current liab c) fix assets/ fix liab d) none of these

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