Question

The period of accounting is-
(a). 6 months
(b). 3 months
(c). 12 months (d). 1 months
How many types of A/c b are there?
(a). 1
(b). 2.
(C). 3
(d). 4
The branch of accounting are
(a) Financial accounts (b) cost accounts (C) management accounts all of above
Principle of double entry system is-
(a) Effect on two accounts (b) Posting in both accounts (c) two sides of accounts (d) all of above.
Salary paid will
(a) Increase the capital (b) reduce of capital (c) not change the capital (d) increase the profit

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Answer 1

Answer:

1. (c) 3

2. (d) All of the above

3. (d) All of above

4. (b) Reduce the capital