Self Studies

Accounts from I...

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  • Question 1
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    Cash in hand can be obtained by preparing

  • Question 2
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    Which method is used under single entry system to find out the profit or loss?

  • Question 3
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    The opening capital is ascertained by preparing

  • Question 4
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    Which of the following transactions are false regarding Accounting from Incomplete records system

  • Question 5
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    Some small size business entities do not follow the double entry system of maintaining the accounting records because :

  • Question 6
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    In single entry system, it is not possible to prepare:

  • Question 7
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    Credit purchase can be ascertained as the balancing figure in the ___ account.

  • Question 8
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    Single entry system records

  • Question 9
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    How DOUBLE ENTRY SYSTEM is differ from INCOMPLETE RECORDS

  • Question 10
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    Under Accounting from Incomplete records system two accounts are maintained

  • Question 11
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    To find out the profit, closing capital is to be adjusted by _____ drawings and ___ introduction of fresh capital

  • Question 12
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    When Statement of affairs is prepared _______ is not prepared.

  • Question 13
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    A Balance sheet is prepared exclusively on the basis of ________

  • Question 14
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    A single entry system it:

  • Question 15
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    Credit sale can be obtained by preparing

  • Question 16
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    Books according to Incomplete records system can be maintained only by those small entities in the form of

  • Question 17
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    How statement of affairs is differ from balance sheet

  • Question 18
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    When only closing and opening capital is given and closing capital is greater than opening capital it denotes

  • Question 19
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    Following are the Limitations of Incomplete Records except

  • Question 20
    1 / -0

    Mr.Vinod a small shop-keeper is using single entry system because____

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