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Recording of Tr...

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  • Question 1
    1 / -0

    Salary is an ____ for the employer and _____ for the employee

  • Question 2
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    The capital of a business 10,000, creditors are 4,000, the total assets are :

  • Question 3
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    Sumit owns a company and purchase goods on credit from his personal funds and used the same for business purpose. What is the effect on assets

  • Question 4
    1 / -0

    Technical knowledge and skill is not important in case of :

  • Question 5
    1 / -0

    By what amount the following transaction should be recorded in the SALES BOOK sold to Babu Furniture House. 200 Tables@Rs.150 each, 100 Chairs@Rs.100 each

  • Question 6
    1 / -0

    If we debit all expenses and losses, what will be credited?

  • Question 7
    1 / -0

    Capital at the end Rs.45,500 and capital in the beginning Rs.50,000. Difference of opening and closing capital is ___

  • Question 8
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    Which of following items will be recorded in the purchase book?

  • Question 9
    1 / -0

    Which of the following Accounting principle is ignored by the cash basis of accounting?

  • Question 10
    1 / -0

    Which of the following is not a type of voucher?

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