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Recording of Tr...

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  • Question 1
    1 / -0

    In Nominal A/c debit means _________.

  • Question 2
    1 / -0

    An entry made in the journal is called _______.

  • Question 3
    1 / -0

    How many columns are in a journal?

  • Question 4
    1 / -0

    Book of Original entry is called _____.

  • Question 5
    1 / -0

    When a entry involves two or more accounts it is called ________.

  • Question 6
    1 / -0

    ____________ has a debit balance.

  • Question 7
    1 / -0

    ______________ has a credit balance.

  • Question 8
    1 / -0

    Rs 1200 being advance income tax of the proprietor paid by the firm is treated as ______.

  • Question 9
    1 / -0

    Interest received A/c will have ________.

  • Question 10
    1 / -0

    Received Rs 1100 from M/s M in settlement of Rs 1250 due from him. The nature of the journal entry to be passed for this transaction is ______.

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