Self Studies

Recording of Tr...

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  • Question 1
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    A transaction recorded on the debit side of cash book is transferred to the ledger _________________.

  • Question 2
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    Capital brought in by the proprietor will result in _______________.

  • Question 3
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    Balance of petty cash book is posted to ledger ______________.

  • Question 4
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    Real accounts are related to _____________.

  • Question 5
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    Nominal Accounts are related to ____________.

  • Question 6
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    Personal accounts are related to ________.

  • Question 7
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    If the total of credit side of an account exceeds the total of its debit side, it indicates ________________.

  • Question 8
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    Main object of preparing a 'Journal' is to __________.

  • Question 9
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    A transaction recorded on the credit side of cash book is transferred to the ledger _______________.

  • Question 10
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    Goods given away as charity would be credited to _______________.

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