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Recording and P...

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  • Question 1
    1 / -0

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

  • Question 2
    1 / -0

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

  • Question 3
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    Received cash of Rs $$2,00,000$$ from debtors for settlement of credit sales will be recorded in ______________.

  • Question 4
    1 / -0

    Purchase of Machinery from Mr. X, a dealer in machinery for Rs. 100,000 is recorded in _______________.

  • Question 5
    1 / -0

    On purchase of goods of the list of price Rs 10000 from Ram who allowed 10% trade discount and 5% cash discount for immediate payment _____________________.

  • Question 6
    1 / -0

    Imprest amount = Rs. 500. What will be the amount of reimbursement if the  following expenses were incurred by the petty cashier during the month? Expenses incurred - Telephone = Rs. 150, Tiffin = Rs. 50, Small repairs = Rs. 30 General expenses = Rs. 100. 

  • Question 7
    1 / -0

    Cheques received but deposited on the next day are recorded in:

  • Question 8
    1 / -0

    Which of the following is a cash transaction?

  • Question 9
    1 / -0

    Returns of goods sold for cash Rs. 500 to Ram are recorded in ______.

  • Question 10
    1 / -0

    In petty cash book, the system followed ______________.

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