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Question-1
____________ are the persons to whom goods are sold on credit.
(A)
Debtors
(B)
Trade Debtors
(C)
Creditor
(D)
Trade Creditor
Question-2
Identify which one of them is related to nominal Account?
(A)
Wages
(B)
Purchases
(C)
Sales
(D)
Returns
Question-3
The customer's individual accounts are kept in the ______________ ledgers.
(A)
Debtors ledger
(B)
Creditors ledger
(C)
General ledger
(D)
Purchase ledger
Question-4
Under sectional balancing system At the end of each month, the total of sales day book will be debited ______ Account.
(A)
Total Debtors Account
(B)
Sales Account
(C)
Total Creditors Account
(D)
Purchase Account
Question-5
General ledger is also called as _____________.
(A)
Debtors ledger
(B)
Creditors ledger
(C)
Main ledger
(D)
Sales ledger
Question-6
Identify which one of them is related to Nominal Account?
(A)
Land & buildings
(B)
Plant & machinery
(C)
Salaries
(D)
Sundry debtors
Question-7
Loan is related to _____________ Account.
(A)
Nominal Account
(B)
Personal Account
(C)
Real Account
(D)
Debtors Account
Question-8
Under sectional balancing system the monthly total of purchases day Book will be credited to__________ Account.
(A)
Total Debtors Account
(B)
Total creditors Account
(C)
Purchase Account
(D)
Cash sales
Question-9
Identify the personal Account from the following.
(A)
Cash
(B)
Sundry debtors
(C)
Capital
(D)
Bills Receivable
Question-10
Identify the real Account from the following.
(A)
Land and Building
(B)
Wages
(C)
Salaries
(D)
Insurance
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Plus 2 Commerce
ICSE/ISC
Practice in Related Chapters
Partnership Accounts : Distribution of Profits
Goodwill - Concept and Mode its Valuation
Partnership Accounts : Admission of Partner
Capital Adjustment of Change of Profit Sharing Ratio
Admission of a Partner
Final Accounts of Companies
Joint Stock Company Accounts: Issue of Debentures
Cost Accounting An Introduction
Joint Venture Account
Sectional Balancing and Self Balancing System
Ratio Analysis
Cost Accounting Inventory Valuation
Cash Flow Statement
Cost Accounting Cost Sheet
Cash Flow Statement
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