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Ledger Test 5...

TIME LEFT -
  • Question 1
    1 / -0

    On the debit side of a sales A/c entry can be for which of these reasons.

  • Question 2
    1 / -0

    Interest received A/c will have ________.

  • Question 3
    1 / -0

    Fixed assets are purchased for the purpose of

  • Question 4
    1 / -0

    Posting is the process of ___________.

  • Question 5
    1 / -0

    Sales A/c will have ________.

  • Question 6
    1 / -0

    Credit entry in a nominal A/c means __

  • Question 7
    1 / -0

    Cash discount on sales is termed as .......

  • Question 8
    1 / -0

    What does the balance in Memorandum Joint Venture A/c shows.

  • Question 9
    1 / -0

    Capital Reverse is created

  • Question 10
    1 / -0

    What is total purchases
    Opening stock Rs.$$20,000$$, Sales Rs.$$1,80,000$$, Gross profit margin $$20\%$$ of sales, Closing stock Rs.$$10,000$$

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