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Recording of Tr...

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  • Question 1
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    Which of the following is an accounting equation?

  • Question 2
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    Which of the followings shows the chronological record of transactions ?

  • Question 3
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    All accounting entries must satisfy the accounting equation specified by  ___________.

  • Question 4
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    Salaries paid to Ramesh will be debited to ________________.

  • Question 5
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    From the following which is according to Dual aspects.

  • Question 6
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    Vivek 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 form of an accounting equation such as __________.

  • Question 7
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    The fundamental accounting equation Assets = Capital + Liabilities is the formal expression of __________.

  • Question 8
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    Which of the following accounts have only credit balance?

  • Question 9
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    Which of the following is not opened in the General Ledger ?

  • Question 10
    1 / -0

    Where process scrap is re-cycled for use in conjunction with new material as well as being sold externally, which of the following is most likely, to be the value at which it is debited to the process?

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