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Beschreibung
Quiz von mamta narula, aktualisiert more than 1 year ago
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Erstellt von mamta narula
vor fast 3 Jahre
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Frage 1
Frage
Accounts are generally of what shape?
Antworten
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M shape
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L shape
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A shape
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T shape
Frage 2
Frage
What is Bad debt?
Antworten
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The discount given to debtor
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The discount received from debtor
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The amount irrecoverable from debtor as they become solvent
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The amount irrecoverable from debtor as they become insolvent
Frage 3
Frage
The increase is debited and decrease is credited is the rule which is applicable to :-
Antworten
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Capital account
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Asset account
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Revenue account
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Liability account
Frage 4
Frage
Where is an increase in Liability, Capitals, and Revenues recorded as per the American approach?
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Debit
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Credit
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Neither Debit nor Credit
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Both Debit and Credit
Frage 5
Frage
As per the Modern approach, accounts are classified into how many types?
Antworten
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5
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3
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2
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4
Frage 6
Frage
Sold goods to Mohan for ₹ 5,000 will
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Increase cash and increase Sales
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Increase cash and decrease Sales
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Increase debtor and increase Sales
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Increase debtor and decrease Sales
Frage 7
Frage
Paid to creditors Rs 8,000
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Cash decrease Creditor decrease
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Cash increase Creditor decrease
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Cash increase Creditor increase
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Cash decrease Creditor increase
Frage 8
Frage
If goods worth ₹ 7,000 are given as charity
Antworten
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Goods account is debited
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Goods account is credited
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Purchases account is debited
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Purchases account is credited
Frage 9
Frage
Sold goods to Yuvraj on Cash Rs 80,000
Antworten
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Revenue increase & Cash decrease
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Revenue increase & Yuvraj's account (the debtor) increase
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Revenue increase & cash increase
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Revenue decrease & Yuvraj's account (the debtor) decrease
Frage 10
Frage
Full form of L.F is
Antworten
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Ledger form
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Long folio
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Ledger folio
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Long Form
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