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Recording of Tr...

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  • Question 1
    1 / -0

    When Accounts in the ledger are balanced ?

  • Question 2
    1 / -0

    Voucher relates to ___________

  • Question 3
    1 / -0

    Accounting transactions of an organisation are documented using a _________.

  • Question 4
    1 / -0

    Dual Aspect concept results in an accounting equation which is __________.

  • Question 5
    1 / -0

    While recording transactions in the books of company's purchasing and selling, which of the following must be noted _________________.

  • Question 6
    1 / -0

    X started business with a capital of Rs. 20,000 and purchased goods worth Rs. 2,000 on credit. These transactions may be expressed in the from of 'Accounting equation' such as_________________.

  • Question 7
    1 / -0

    Match List-I with List-II and select the correct answer using the codes given the lists:

    List-I(Types of accounts)List-II(Principles)
    I. Real Accounts(a) Debit the receiver credit the giver
    II. Nominal Accounts(b) Debit what comes in credit what goes out
    III. Personal Accounts(c) Debit all expenses,losses credit all incomes,gains

  • Question 8
    1 / -0

    A Voucher is ________.

  • Question 9
    1 / -0

    Investment by owner results in ___________________.

  • Question 10
    1 / -0

    Which of the following accounts is increased by credit entries?

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