Question

(B) Find the odd one out.
1. Equity shares, Preferential shares, Debentures, Investment.
2. Machinery, Furniture, computers, salaries.
3. Bills receivable, Bills payable, Endorsement of bills, cash memo
4. Goodwill, patent, Trademark, Investment
5. Bonus, Dividend, interest, investment.​

Answer 1

Endorsement of bills

Answer 2

Answer:

1. Investment

2. Salaries

3. Endorsement of bills

4. Investment

5. Investment

Explanation:

1. Equity shares, preferential shares, and debentures are liabilities and investment is an asset.

2. Machinery, Furniture, computers are fixed assets and salaries are indirect expenses.

3. Bills receivable, Bills payable, Cash Memo are documentary evidences whereas endorsement of bills is a procedure.

4. Goodwill, Patent, trademark are intangible assets whereas investment is not a intangible asset.

5. Bonus, Dividend, Interest are rewards for investment whereas investment is an asset.