Recording of Tr...

Which of the following are accounting conventions? 

Which of the following is an item of a creditors control account?

If assets are increased by 2,000 and liabilities are increased by 1,200. What will be the effect on business equity?

The prime entry for the acquisition of a cash book, ledgers and a journal for Rs 240 from X Ltd, on credit would be in the:

The following comments below relate to the recording of journal entries. Which statement is true?

A chronological record of transaction may be found in _______.

A ledger is made _____________.

A Company makes a purchase on 10th may, some office equipment. The correct journal entry will be Debit                                           Credit
1. Office equipment                 Supplies
2. Purchases                          Office equipment
3. Accounts payable              Office equipments
4. Office equipment               Accounts payable

X deposited rupees 500 in bank account ____________.

The journal entry to account for the acquisition on credit of factory machinery from Millet plc should require which of the following: