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Accounts from I...

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  • Question 1
    1 / -0

    `Which of the following transactions are false regarding Accounting from Incomplete records system

  • Question 2
    1 / -0

    Calculate Opening capital from the following information

    Profit: Rs.500, Closing capital- Rs.3000, Withdrawn- Rs.600, Fresh capital- Rs.400

  • Question 3
    1 / -0

    Calculate Closing capital from the following information

    Profit: Rs.900, Opening capital-Rs.8000, Withdrawn-Rs.1200, Fresh capital-Rs.1000

  • Question 4
    1 / -0

    Some small size business entities do not follow the double entry system of maintaining the accounting records because :

  • Question 5
    1 / -0

    Two adjustments should be made to ascertain the profit

  • Question 6
    1 / -0

    In single entry system, it is not possible to prepare:

  • Question 7
    1 / -0

    What does the capital balance on assets side mean

  • Question 8
    1 / -0

    Credit purchase can be ascertained as the balancing figure in the ___ account.

  • Question 9
    1 / -0

    Single entry system records

  • Question 10
    1 / -0

    Incomplete records system suitable for which type of business

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