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Nature of Accou...

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  • Question 1
    1 / -0

    Investment by owner results in ___________________.

  • Question 2
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    Which of the following accounts is increased by credit entries?

  • Question 3
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    Voucher relates to ___________

  • Question 4
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    Which of the followings shows the chronological record of transactions ?

  • Question 5
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    Income tax paid is debited to ______________.

  • Question 6
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    Accounting transactions of an organisation are documented using a _________.

  • Question 7
    1 / -0

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

  • Question 8
    1 / -0

    A Voucher is ________.

  • Question 9
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    Which of the following accounts have only credit balance?

  • 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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