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Recording of Tr...

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  • Question 1
    1 / -0

    Outstanding salary of Rs $$34,000$$ to be provided in the accounts will be recorded in  ________________.

  • Question 2
    1 / -0

    Goods were sold on credit basis to Mr. Ram for Rs $$10,000$$. It will be recorded in _______________.

  • Question 3
    1 / -0

    Accounting for recovery from Mr. C of an amount of Rs $$2,000$$ earlier written off as bad debt will be recorded in _____________.

  • Question 4
    1 / -0

    NSZ. Ltd. makes payments to its sundry creditors through cheques and the cash discount received on these payments is recorded in the triple-columnar cash book. In the event of dishonour of any such cheques, the discount so received should be written back through - 
    (i) A debit to discount column of the cash book. 
    (ii) A credit discount column of the cash book. 
    (iii) A credit to bank column of the cash book. 
    (iv) A debit to discount account through journal proper.
    (v) A credit to creditor's account through journal proper. 
    Select the correct answer from the options given below- 

  • Question 5
    1 / -0

    Investment was sold in cash for Rs $$1,00,000$$ at par will be recorded in ____________.

  • Question 6
    1 / -0

    Cash sales for Rs $$5,00,000$$ will be recorded in __________.

  • Question 7
    1 / -0

    A bills receivable of Rs $$10,000$$ which was received from a debtor in full settlement for a claim will be recorded in ______________.

  • Question 8
    1 / -0

    Sale of Goods by Mohan to Sohan for 
    1000 will be recorded in the ________.

  • Question 9
    1 / -0

    The balance of an account is always known by the side which is _______________.

  • Question 10
    1 / -0

    Which of the following is a cash transaction?

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