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Recording of Tr...

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  • Question 1
    1 / -0

    Which of the following is a cash transaction?

  • Question 2
    1 / -0

    Which of the following is a source document?

  • Question 3
    1 / -0

    Which of the following business documents is a proof of payment for a business transaction?

  • Question 4
    1 / -0

    Match the followings options are as follows:

     Options  Corresponding Category
     a. Assets  i. Equity Shares
     b. Liabilities  ii. Purchase, Salary paid
     c. Revenue  iii. Sale, commission received
     d. Expenses  iv. Trade Payables, short term loans
     e. Capital  v. Cash, Debtor, furniture

     

  • Question 5
    1 / -0

    Collection of account receivable will:

  • Question 6
    1 / -0

    The cash book meant for recording petty expenses is called:

  • Question 7
    1 / -0

    Which of the following is a liability?

  • Question 8
    1 / -0

    How does depreciation effect basic accounting equation?

  • Question 9
    1 / -0

    Credit balance of the bank account in the cash book shows:

  • Question 10
    1 / -0

    The weekly or monthly total of purchase book is recorded to the:

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