Revenue receipts are shown in___________?
A. Balance Sheet
B. Profit and Loss appropriation A/c
C. Manufacturing A/c
D. Trading and Profit and Loss A/c
Revenue receipts are shown in___________? Read More »
Accounting MCQs / Q&ACapital expenses are shown in___________?
A. Balance Sheet
B. Profit and Loss A/c
C. Trading A/c
D. None of these
Capital expenses are shown in___________? Read More »
Accounting MCQs / Q&AThe periodic total of purchase day book is posted to____________?
A. Purchase register
B. Purchase A/c
C. Cash purchase A/c
D. Credit purchase A/c
The periodic total of purchase day book is posted to____________? Read More »
Accounting MCQs / Q&AThe periodic total of sales day book is posted to___________?
A. Sales A/c
B. Cash sales A/c
C. Sales return A/c
D. Credit sales A/c
The periodic total of sales day book is posted to___________? Read More »
Accounting MCQs / Q&AWhich of these is not a special purpose journal?
A. Cash journal
B. Purchase journal
C. Debtors journal
D. Sales journal
Which of these is not a special purpose journal? Read More »
Accounting MCQs / Q&A A. Subsidiary books
B. Journal
C. Ledger
D. Trial Balance
A book wherein various accounts are opened is called____________? Read More »
Accounting MCQs / Q&A, Ledger A. Posting the letters in drop box
B. Posting suitable person to a suitable job
C. Entering in the ledger the information contained in the ledger
D. All the three
Posting is the process of____________? Read More »
Accounting MCQs / Q&A, LedgerGoodwill A/c is a/an__________?
A. Nominal A/c
B. Tangible Asset
C. Intangible Asset
D. Fictitious Asset
Goodwill A/c is a/an__________? Read More »
Accounting MCQs / Q&AWhich of the following is a Nominal A/c ?
A. Outstanding Salary A/c
B. Rent A/c
C. SBI A/c
D. Debtors A/c
Which of the following is a Nominal A/c ? Read More »
Accounting MCQs / Q&AWhich of the following is a representative Personal A/c?
A. Outstanding Salary A/c
B. Rent A/c
C. SBI A/c
D. Bad debts A/c
Which of the following is a representative Personal A/c? Read More »
Accounting MCQs / Q&A