Self Studies

Bank Reconcilia...

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  • Question 1
    1 / -0

    Purchased goods amounting to Rs.200000 out of which goods of Rs.180000 were purchased on credit from D. Lal Journal entry will be

  • Question 2
    1 / -0

    Bricks, cement etc for Rs.150000 and timber for Rs.200000 purchased and used for the construction of building. Which account should be debited

  • Question 3
    1 / -0

    Bricks, cement etc for Rs.150000 and timber for Rs.200000 purchased and used for the construction of building. Journal entry will be

  • Question 4
    1 / -0

    Cash withdrawn from business by the owner should be debited to

  • Question 5
    1 / -0

    According to Personal Account what will be debited?

  • Question 6
    1 / -0

    Goods costing Rs.500 given as charity (Sales price Rs.600).What amount should be charity account debited

  • Question 7
    1 / -0

    Goods costing Rs.500 given as charity (Sales price Rs.600).Which account should be credited while making a journal entry

  • Question 8
    1 / -0

    According to Modern approach, decrease in assets will be?

  • Question 9
    1 / -0

    Provide 10 % interest on capital amounted to Rs.100000.Calculate amount of interest

  • Question 10
    1 / -0

    Sold goods to Ram Lal on credit should be debited to :

  • Question 11
    1 / -0

    Goods given as charity would be 

  • Question 12
    1 / -0

    Purchased Machinery for cash should be debited to :

  • Question 13
    1 / -0

    Life insurance premium paid will be treated as :

  • Question 14
    1 / -0

    According to Traditional Approach there are three types of Accounts ;

  • Question 15
    1 / -0

    Prepaid expenses are :

  • Question 16
    1 / -0

    A bank reconciliation statement is prepared by

  • Question 17
    1 / -0

    Paid landlord Rs.1500 rent. One third of the premises are occupied by the proprietor for his own residence. Calculate amount of rent

  • Question 18
    1 / -0

    What is the nature of Cash Account?

  • Question 19
    1 / -0

    Cash received from Lucky, previously written off as bad debt should be credited to :

  • Question 20
    1 / -0

    Outstanding expense are :

  • Question 21
    1 / -0

    Paid Rs.200 for refreshment for a customer. While making a journal entry which account should be debited

  • Question 22
    1 / -0

    Compound entry is related with :

  • Question 23
    1 / -0

    Goods damaged by fire Rs.1000 and Insurance company accepted claim of Rs.800. Journal entry will be

  • Question 24
    1 / -0

    Received 400 from Rakesh which was written off as bad debts previously will be credited as :

  • Question 25
    1 / -0

    According to Real Account what will be credited?

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