विच प्लेट्यू लाइज बिटवीन द अरावली एंड द विंध्या रेंजेस
Answers
Explanation:
Qno.14 In single entry system, only personal accounts are opened (b) real accounts are opened (c) nominal accounts are opened (d) real and nominal accounts are opened. Another.15 Non-financial quantitative information is not recorded in accounts due to Dual concept (b) accrual concept (c) measurement concept (d) entity concept Who.16 Both assets and owner’s equity would increase by--- Proprietor’s drawings (b) Purchase of machinery on credit (c) Payment to creditors (d) retained earnings. Qbo.17 Purchase book is maintained to record: Purchase of goods (b) All cash purchases (c) All credit purchases (d) All credit purchases of goods Another.18 Sales book is maintained to record: Credit sales of goods only (b) cash sales of goods only (c) all credit sales Another.19 Return inward book is maintained for recording: Returns of goods purchased (b) returns of goods sold (c) returns of anything purchased (d) returns of anything sold Who.20 Debit signifies Increase in asset account (b) decrease in liability account (c) decrease in capital account (d)none of these (e) all of these Who.21 A trial balance is a Real account (b) nominal account (c) list of balances Another.22 The trial balance checks: The arithmetical accuracy of books (b) the honesty of book- keeper (c) accuracy of the book-keeper Qbo.23 Trial balance is prepared to detect: Errors of omission (b) Error of principle (c) Error of Commission
Qno.14 In single entry system, only personal accounts are opened (b) real accounts are opened (c) nominal accounts are opened (d) real and nominal accounts are opened. Another.15 Non-financial quantitative information is not recorded in accounts due to Dual concept (b) accrual concept (c) measurement concept (d) entity concept Who.16 Both assets and owner’s equity would increase by--- Proprietor’s drawings (b) Purchase of machinery on credit (c) Payment to creditors (d) retained earnings. Qbo.17 Purchase book is maintained to record: Purchase of goods (b) All cash purchases (c) All credit purchases (d) All credit purchases of goods Another.18 Sales book is maintained to record: Credit sales of goods only (b) cash sales of goods only (c) all credit sales Another.19 Return inward book is maintained for recording: Returns of goods purchased (b) returns of goods sold (c) returns of anything purchased (d) returns of anything sold Who.20 Debit signifies Increase in asset account (b) decrease in liability account (c) decrease in capital account (d)none of these (e) all of these Who.21 A trial balance is a Real account (b) nominal account (c) list of balances Another.22 The trial balance checks: The arithmetical accuracy of books (b) the honesty of book- keeper (c) accuracy of the book-keeper Qbo.23 Trial balance is prepared to detect: Errors of omission (b) Error of principle (c) Error of Commission