______ is an allowance off the selling price.
Trade discount
Cash discount
Both a & b
None of these
Increase of typewriter is
Debit
Credit
None of the above
In which column both sides of trial balance does not agree, the posting of every entry has to be checked ?
Ledger folio
Date column
Particular
Both debit & credit
Point out the account which will be debited for the transaction. Cash sales to Amarnath.
Cash A/c
Sales A/c
Amarnath
It is not necessary to use the word ‘A/c’ after the _______ A/c.
Personal
Nominal
Real
Paid salaries in cash Rs. 6000. From this transaction Identify which account is to be credited.
Bank A/c
Salaries A/c
Received cash from Ram lal from this transaction which account will be credited ?
Cash
Ram lal
Goods
