The other name of journal is____________?
The other name of journal is____________?
A. Ledger
B. T account
C. Day book
D. Cash book
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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. AppreciationA cash book with cash, bank and discount column is commonly referred as________?
A cash book with cash, bank and discount column is commonly referred as________?A. Cash book
B. Two columns cash book
C. Three columns cash book
D. Petty cash bookWhich of these is a Part of cash in hand?
Which of these is a Part of cash in hand? A. Postage stamps(Correct)
B. B/R
C. Cheque Deposited with Bank
D. B/R endorsedWhich of the following error is an error of principle
Which of the following error is an error of principle
A. 5,000 received from Sham credited to Ram A/c
B. 5,000 incurred on installation of new plant debited to travelling expenses A/c
C. 500 paid for wages debited to salary A/c
D. 500 being purchase of raw material debited to purchase A/c ` 50If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?
If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?
A. Yes
B. No
C. Transactions can’t be omitted
D. none of theseWhich of these items are taken into consideration for preparation of adjusted Cash Book
Which of these items are taken into consideration for preparation of adjusted Cash Book
A. Mistake in Cash Book
B. Mistake in Pass Book
C. Cheque issued but not presented for payment
D. Cheques deposited but not cleared