The normal balance of capital account is_____________?
A. Credit balance
B. Debit balance
C. Cash balance
D. Neither debit nor credit balance
If debit balance is greater than creadit balance then the account blance will be__________?
If debit balance is greater than creadit balance then the account blance will be__________?
A. Credit balance
B. Debit and credit balance
C. Cash balance
D. Debit balance
Which of the following is known as the base for preparing trial balance?
Which of the following is known as the base for preparing trial balance?
A. Journal
B. Cash account
C. Ledger account
D. Balance sheet
_________ will be credited if goods are given as charity?
_________ will be credited if goods are given as charity?
A. Cash
B. Charity
C. Purchases
D. Sales
If debit side of a bank account is greater than credit side it indicates which of the following?
If debit side of a bank account is greater than credit side it indicates which of the following?
A. Cash at bank
B. Bank understatement
C. Bank overdraft
D. Balance overstatement
Till now, How many Pakistani Prime Ministers completed their tenure of 5 Years ?
Till now, How many Pakistani Prime Ministers completed their tenure of 5 Years ?
A. 1
B. 3
C. 5
D. None
Which Island has been designated as Pakistan’s first-ever Marine Protected Area?
Which Island has been designated as Pakistan’s first-ever Marine Protected Area?
A. Churna Island
B. Astola Island
C. Mana Island
D. Bundal Island
If credit side of a bank account is greater than the debit side, it indicates which of the following?
If credit side of a bank account is greater than the debit side, it indicates which of the following?
A. Bank overdraft
B. Cash at bank
C. Bank balance
D. Current Asset
An account records the ___________ in the balance of an item?
An account records the ___________ in the balance of an item?
A. Increase
B. Decrease
C. Increase or decrease
D. Appreciation
Transferring entries from journal to ledger account is commonly known as____________?
Transferring entries from journal to ledger account is commonly known as____________?
A. Recording
B. Transferring
C. Posting
D. Entry making