1) Which types of transactions are recorded in accounting?
(A) Economic
(B) Non economic (C) Political
(D) Non-Political
2)transaction are those transactions whose value cannot be measured in terms of money.
(A) Non economic (B) Economic
(C) Cash
(D) Credit
3) implementation of GST is in
(A) 2014
(B) 2015
(C) 2016
(D) 2017
4) Which transactions are not recorded in the cash book?
(A) Cash purchase (B) Cash sales
(C) Cash Discount (D) Non-cash transactions
5) When owner of business withdraws assets from business for personal use is called
(A) Assets
(8) Capital
(C) Drawings
(D) Expense
Answers
Answered by
2
Answer:
1. a economic transaction
2.b non economic
3.d 2017
4.d.non cash transaction
5.c drawings
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Answered by
4
Answer:
Here is your answer :
(1) (a) economic
(2) (a(non economic
(3) (d)2017
(4) (d) non cash transaction
(5) (c) Drawing's
Explanation:
hope it works please mark brainliest
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