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Recording of Tr...

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  • Question 1
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    Fixed Deposit Account is _________.

  • Question 2
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    Left hand side of an account is ________.

  • Question 3
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    Wages paid for installation of asset should be debited ___________  A/c.

  • Question 4
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    Loss by Fire Account __________.

  • Question 5
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    Transaction related to assets are recorded in __________.

  • Question 6
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    Sub-division of journal is known as _______ book.

  • Question 7
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    An analysis of the effects of a transaction on the accounts, usually accompanied by explanation is known as ________.

  • Question 8
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    Accrued/prepaid/received in advance/outstanding a/c are known as __________.

  • Question 9
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    A cash disbursement may result in ___________.

  • Question 10
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    When a debtor is realized which account is credited _________.

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