Goods returned by customer should be debited to which of the following accounts?
A. Sales income account
B. Sales account
C. Return inward account
D. Expenses account
he term 2/10-n/30 implies that ______ % discount will be given if the payment is made within days or full amount is receivable within 30 days?
he term 2/10-n/30 implies that ______ % discount will be given if the payment is made within days or full amount is receivable within 30 days?
A. 2,10
B. 10,2
C. 10,30
D. 3,15
A journal entry in which two or more account is debited or credited is referred as____________?
A journal entry in which two or more account is debited or credited is referred as____________?
A. Journal entry
B. Multi entry
C. Additional entry
D. Compound entry
The other name of journal is____________?
The other name of journal is____________?
A. Ledger
B. T account
C. Day book
D. Cash book
Discount allowed is a kind of deduction from_____________?
Discount allowed is a kind of deduction from_____________?
A. Account payable
B. Account receivable
C. Cash account
D. Discount account
Every business transaction affects at least ________ accounts?
Every business transaction affects at least ________ accounts?
A. One
B. Two
C. Three
D. Infinite
The process of recording transactions in different journals is called_________?
The process of recording transactions in different journals is called_________?
A. Posting
B. Entry making
C. Adjusting
D. Journalizing
Capillaries are the example of_________?
Capillaries are the example of_________?
A. Organ System
B. Cell
C. Organ
D. Tissue
All of the following are elements that plants need in very small amounts except___________?
All of the following are elements that plants need in very small amounts except___________?
A. Iron
B. Hydrogen
C. Chlorine
D. Copper
Viruses are considered living organisms because__________?
Viruses are considered living organisms because__________?
A. They can be crystallized
B. They occur in plants and animals
C. They are microscopic
D. They contain DNA and can be reproduced