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Question-1
This ledger contains the personal accounts of the debtors to whom credit sales are effected. The ledger is also known as __________.
(A)
Purchase ledger
(B)
Bought ledger
(C)
Sales ledger
(D)
General ledger
Question-2
Identify the real account from the following.
(A)
Capital
(B)
Cash
(C)
Furniture
(D)
Loan
Question-3
Identify the nominal Account from the following.
(A)
Cash
(B)
Bills receivable
(C)
Sales
(D)
Dividend received
Question-4
Identify the items that Excluded from control Accounts.
(A)
Cash purchase
(B)
Credit sales
(C)
Credit purchase
(D)
Return inward
Question-5
Identify the nominal account from the following.
(A)
Loan
(B)
Insurance
(C)
Creditors
(D)
Bank over draft
Question-6
Debtors ledger contains the ____________ accounts of the debtors to whom credit sales are effected.
(A)
Capital account
(B)
Nominal account
(C)
Personal account
(D)
Real account
Question-7
Identify the Items that Excluded from control Accounts.
(A)
Discount received from Debtors
(B)
Cash received from Bills receivable during the year
(C)
B/R returned dishonor
(D)
B/R endorsed to creditors
Question-8
Identify the real account from the following.
(A)
Capital
(B)
Bills receivable
(C)
Loan
(D)
Creditor
Question-9
Identify the Sectional Balancing System from the following.
(A)
A separate trial balance is prepared for each ledger
(B)
Errors are detected easily
(C)
Expenses are less
(D)
Expenses are more
Question-10
Advertisement is related to ___________ Account.
(A)
Personal Account
(B)
Real Account
(C)
Nominal Account
(D)
Debtors Account
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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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