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Recording of Tr...

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  • Question 1
    1 / -0

    Petty means ____________.

  • Question 2
    1 / -0

    Purchase book is also known as __________.

  • Question 3
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    Cash sales are recorded in the ________.

  • Question 4
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    Petty cash system is designed ________________.

  • Question 5
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    How does an over casting of purchase day book affect the cost of sales and profit?

  • Question 6
    1 / -0

    Which sales are recorded in Sales (Journal) Book?

  • Question 7
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    Transaction in respect of consignment and joint venture are recorded in______.

  • Question 8
    1 / -0

    The accounts of expenses/losses and gains/revenues are balanced _________.

  • Question 9
    1 / -0

    Journal proper maintained to record transactions which _______.

  • Question 10
    1 / -0

    When a transaction has not been recorded in the books of account either wholly or partially, then such errors are called ____________.

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