Smartindia Classroom
CONTENTS
Accountancy
Business Studies
Computer Science
English I
Economics
English II
Back to home
Start Practice
Question-1
__________ are person who have to be paid by an enterprises an account for providing goods or services.
(A)
Debtor
(B)
Creditor
(C)
Pages
(D)
Trustee
Question-2
The date column in ledger is used for writing a date on which a transaction is recorded in the ____________.
(A)
Ledger
(B)
Transaction
(C)
Journal
(D)
Voucher
Question-3
If the personal account shows debit balance it means that___________.
(A)
The amount is owing
(B)
A debtor
(C)
Both a or b
(D)
None of these
Question-4
If debit and credit side of an account is equal while balancing, the account is said to be __________ balanced one.
(A)
Debit
(B)
Credit
(C)
Nil
(D)
None of these
Question-5
If the personnel Account balance shows credit balance it means that _________.
(A)
Creditor
(B)
The amount is owed
(C)
None of these
(D)
Both a or b
Question-6
Purchase returns a/c is closed by writing the words _______ in particulars column on the debit side.
(A)
To Trading A/c
(B)
By Trading A/c
(C)
None of these
(D)
All of these
Question-7
__________ is known as the principal book under double entry system.
(A)
Journal
(B)
Voucher
(C)
Final account
(D)
Ledger
Question-8
Ledger is also known as _________ entry.
(A)
Original entry
(B)
Second entry
(C)
First entry
(D)
None of these
Question-9
Debit balance of real account tells in what is the value of __________ on a particular date.
(A)
Asset
(B)
Liability
(C)
Income
(D)
Expenditure
Question-10
In a Journal these are ___________ column
(A)
4
(B)
3
(C)
5
(D)
7
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
Powered By
