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
For recording Depreciation, related Asset Account is _____.
Debited
Credited
Both a & b
None of the above
Journal should be prepared in _______ form.
Short
Prescribed
Detailed
Described
Find out increase of cash is a debit or credit ?
Debit
Credit
Both a and b
______ is an allowance off the selling price.
Trade discount
Cash discount
None of these
If a person who gives something in the form of goods or cash. It should be ______.
The amount with which a trader starts the business is known as _____.
Asset
Capital
Drawings
Liabilities
The liabilities of a business are Rs. 30,000 the capital of the proprietor is Rs. 70,000. The total assets are _______.
Rs. 70,000
Rs. 1,00,000
Rs. 40,000
Withdrew cash from office for personal use in this transaction which account should be debited ?
Cash A/c
Drawing A/c
Personal A/c
