- (A) Only cash sales
- (B) All types of cash receipts and payments
- (C) Only revenue receipts
- (D) Only capital receipts
Accounting Mcqs
- (A) Added, Reduced
- (B) Added, Added
- (C) Deducted, Added
- (D) Deducted, Deducted
- (A) 500 purchase of old equipment not recorded in the books of A/c at all
- (B) 500 being expense on travelling expense credited to travelling expenses
- (C) Both
- (D) None
- (A) 5,000 received from Sham credited to Ram A/c
- (B) 5,000 incurred on installation of new plant debited to travelling expenses A/c
- (C) 500 paid for wages debited to salary A/c
- (D) 500 being purchase of raw material debited to purchase A/c ` 50
- (A) Balance Sheet
- (B) Profit and Loss A/c
- (C) Trading A/c
- (D) None of these
- (A) Purchase register
- (B) Purchase A/c
- (C) Cash purchase A/c
- (D) Credit purchase A/c
- (A) Sales A/c
- (B) Cash sales A/c
- (C) Sales return A/c
- (D) Credit sales A/c
- (A) Cash journal
- (B) Purchase journal
- (C) Debtors journal
- (D) Sales journal
- (A) Subsidiary books
- (B) Journal
- (C) Ledger
- (D) Trial Balance
- (A) Posting the letters in drop box
- (B) Posting suitable person to a suitable job
- (C) Entering in the ledger the information contained in the ledger
- (D) All the three
