The principle ―Debit the receiver and credit the giver‖ is related to_____ a) Personal a/c b) Real a/c c) Nominal a/c d) None

The principle ―Debit the receiver and credit the giver‖ is related to_____ a) Personal a/c b) Real a/c c) Nominal a/c d) None
by

1 Answer

Answer :

a) Personal a/c
by

Related questions

Debit the receiver & credit the giver is _____ account a) Personal b) Real c) Nominal d) All the above

Description : Debit the receiver & credit the giver is _____ account a) Personal b) Real c) Nominal d) All the above

Last Answer : a) Personal

The rule debit all expenses and losses and credit all income and gains relates to A] Personal account B] Real account C] Nominal accounts D] All

Description : The rule debit all expenses and losses and credit all income and gains relates to A] Personal account B] Real account C] Nominal accounts D] All

Last Answer : C] Nominal accounts

Cash A/c is a ________ A/c. a) Personal b) Real c) Nominal d) None

Description : Cash A/c is a ________ A/c. a) Personal b) Real c) Nominal d) None

Last Answer : b) Real

Capital A/c is a _______ A/c. a) Personal b) Real c) Nominal d) None

Description : Capital A/c is a _______ A/c. a) Personal b) Real c) Nominal d) None

Last Answer : a) Personal

Cash a/c is a ______ a) Real a/c b) Nominal c) Personal d) None

Description : Cash a/c is a ______ a) Real a/c b) Nominal c) Personal d) None

Last Answer : a) Real a/c

Which of the following is wrong? (a) All real and personal accounts are transferred to balance sheet (b) Nominal accounts are transferred to P &L account (c) Each account is opened separately in ledger (d) Rent is a personal account, outstanding rent is nominal account

Description : Which of the following is wrong? (a) All real and personal accounts are transferred to balance sheet (b) Nominal accounts are transferred to P &L account (c) Each account is opened separately in ledger (d) Rent is a personal account, outstanding rent is nominal account

Last Answer : d) Rent is a personal account, outstanding rent is nominal accoun

Share Call Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Description : Share Call Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Last Answer : B. Personal A/c

Share Allotment Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Description : Share Allotment Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Last Answer : B. Personal A/c

Share application Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Description : Share application Account is _______________ A. Real A/c B. Personal A/c C. Nominal A/c D. Fictitious A/c

Last Answer : B. Personal A/c

Share allotment account is a ------------------. A. personal account B. Real account C. Nominal account D. Impersonal accounShare allotment account is a ------------------. A. personal account B. Real account C. Nominal account D. Impersonal accoun

Description : Share allotment account is a ------------------. A. personal account B. Real account C. Nominal account D. Impersonal accoun

Last Answer : A. personal account

The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Description : The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Last Answer : c) Entity

Goodwill mean A. Good Will B. Credit C. Debit D. Good Wishes

Description : Goodwill mean A. Good Will B. Credit C. Debit D. Good Wishes

Last Answer : B. Credit

Premium received on issue of shares is shown on-----------. A. asset side of the balance sheet B. liability side of the balance sheet C. credit side of the P&L a/c. D. debit side of the P & L a/c

Description : Premium received on issue of shares is shown on-----------. A. asset side of the balance sheet B. liability side of the balance sheet C. credit side of the P&L a/c. D. debit side of the P & L a/c

Last Answer : B. liability side of the balance sheet

Which of the following is not a nominal Account? A] Outstanding salaries Account B] Salaries account C] Interest paid D] Commission received

Description : Which of the following is not a nominal Account? A] Outstanding salaries Account B] Salaries account C] Interest paid D] Commission received

Last Answer : A] Outstanding salaries Account

For every debit there will be an equal creditaccording to A] Matching concept B] cost concept C] Money measurement concept D] Dual aspect concept

Description : For every debit there will be an equal creditaccording to A] Matching concept B] cost concept C] Money measurement concept D] Dual aspect concept

Last Answer : D] Dual aspect concept

M/s Stationery Mart will debit the purchase of stationery to _______ a) Purchases A/c b) General Expenses A/c c) Stationery A/c d) None

Description : M/s Stationery Mart will debit the purchase of stationery to _______ a) Purchases A/c b) General Expenses A/c c) Stationery A/c d) None

Last Answer : a) Purchases A/c

When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to (A) Realisation Account (B) Bank Account (C) Liability Account (D)None of the above

Description : When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to (A) Realisation Account (B) Bank Account (C) Liability Account (D)None of the above

Last Answer : (A) Realisation Account

When the purchasing company bears the liquidation expenses, it will debit the expenses to (A)Vendor Company‘s Account (B) Bank Account (C)Goodwill Account (D)None of the above

Description : When the purchasing company bears the liquidation expenses, it will debit the expenses to (A)Vendor Company‘s Account (B) Bank Account (C)Goodwill Account (D)None of the above

Last Answer : (C)Goodwill Account

In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Description : In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Last Answer : D. All of the Above Explanation: Send money up to Rs 1 lakh to any bank account through the mobile without entering debit/credit card details, net banking/wallet password or even knowing the receiver‘s account number.

Development journalism is related to_____ (a) Investigative stories (b) Sports stories (c) Societal priorities (d) Crime stories

Description : Development journalism is related to_____ (a) Investigative stories (b) Sports stories (c) Societal priorities (d) Crime stories

Last Answer : (c) Societal priorities

Benefits which are given by giver to the receiver is known as discount.

Description : Benefits which are given by giver to the receiver is known as discount.

Last Answer : State whether the following statement are true or false with reason : Benefits which are given by giver to the receiver is known as discount.

Why do you think the Receiver annex was done up this way in the giver?

Description : Why do you think the Receiver annex was done up this way in the giver?

Last Answer : me

What happened 10 years before when the previous receiver failed in the giver?

Description : What happened 10 years before when the previous receiver failed in the giver?

Last Answer : Feel Free to Answer

Why does the Giver smile harshly when he refers to honor of being the receiver?

Description : Why does the Giver smile harshly when he refers to honor of being the receiver?

Last Answer : k

Why does the Giver smile harshly when he refers to honor of being the receiver?

Description : Why does the Giver smile harshly when he refers to honor of being the receiver?

Last Answer : k

Valuation of stock in accounting follows the principle of cost price or ____ which ever is lower. a) Market Price b) Average Price c) Net realizable Value d) None of these.

Description : Valuation of stock in accounting follows the principle of cost price or ____ which ever is lower. a) Market Price b) Average Price c) Net realizable Value d) None of these.

Last Answer : c) Net realizable Value

Which one is the principle of capital structure? A. Cost principle B. Risk principle C. Control principle D. All of these

Description : Which one is the principle of capital structure? A. Cost principle B. Risk principle C. Control principle D. All of these

Last Answer : D. All of these

Value of goods withdrawn by the proprietor for his personal use should be credited to ____ a) Capital A/c b) Sales A/c c) Drawings A/c d) Purchases A/c

Description : Value of goods withdrawn by the proprietor for his personal use should be credited to ____ a) Capital A/c b) Sales A/c c) Drawings A/c d) Purchases A/c

Last Answer : d) Purchases A/c

The first firm to mass-market a microcomputer as a personal computer was a. IBM b. Super UNIVAC c. Radio Shaks d. Data General Corporation

Description : The first firm to mass-market a microcomputer as a personal computer was a. IBM b. Super UNIVAC c. Radio Shaks d. Data General Corporation

Last Answer : c. Radio Shaks

Most of the inexpensive personal computer does not have any disk or diskette drive. What is the name of such computes? a. Home computers b. Diskless computers c. Dedicated computer d. General computer

Description : Most of the inexpensive personal computer does not have any disk or diskette drive. What is the name of such computes? a. Home computers b. Diskless computers c. Dedicated computer d. General computer

Last Answer : a. Home computers

Multi user systems provided cost savings for small business because they use a single processing unit to link several a. Personal computers b. Workstations c. Dumb terminals d. Mainframes

Description : Multi user systems provided cost savings for small business because they use a single processing unit to link several a. Personal computers b. Workstations c. Dumb terminals d. Mainframes

Last Answer : c. Dumb terminals

A typical personal computer used for business purposes would have… of RAM. a. 4 KB b. 16 K c. 64 K d. 256 K

Description : A typical personal computer used for business purposes would have… of RAM. a. 4 KB b. 16 K c. 64 K d. 256 K

Last Answer : d. 256 K

The use of spooler programs and/or …. Hardware allows personal computer operators to do the processing work at the same time a printing operation is in progress a. Registered mails b. Memory c. CPU d. Buffer

Description : The use of spooler programs and/or …. Hardware allows personal computer operators to do the processing work at the same time a printing operation is in progress a. Registered mails b. Memory c. CPU d. Buffer

Last Answer : d. Buffer

The personal computer industry was started by a. IBM b. Apple c. Compaq d. HCL

Description : The personal computer industry was started by a. IBM b. Apple c. Compaq d. HCL

Last Answer : a. IBM

The system unit of a personal computer typically contains all of the following except: a. Microprocessor b. Disk controller c. Serial interface d. Modem

Description : The system unit of a personal computer typically contains all of the following except: a. Microprocessor b. Disk controller c. Serial interface d. Modem

Last Answer : d. Modem

Personal computers use a number of chips mounted on a main circuit board. What is the common name for such boards? a. Daughter board b. Motherboard c. Father board d. Breadboard

Description : Personal computers use a number of chips mounted on a main circuit board. What is the common name for such boards? a. Daughter board b. Motherboard c. Father board d. Breadboard

Last Answer : b. Motherboard

IMB launched its first personal computer called IBM-PC in 1981. It had chips from Intel, disk drives from Tandon, operating system from Microsoft, the printer from Epson and the application software from everywhere. Can you name the country which contributed the video display? a. India b. China c. Germany d. Taiwan

Description : IMB launched its first personal computer called IBM-PC in 1981. It had chips from Intel, disk drives from Tandon, operating system from Microsoft, the printer from Epson and the application software from ... country which contributed the video display? a. India b. China c. Germany d. Taiwan

Last Answer : d. Taiwan

Goods withdrawn by the proprietor for his personal use are A. Shown as a deduction from the purchases B. Shown as a deduction from the sales C. Treated as sales at cost price D. Added to the purchases

Description : Goods withdrawn by the proprietor for his personal use are A. Shown as a deduction from the purchases B. Shown as a deduction from the sales C. Treated as sales at cost price D. Added to the purchases

Last Answer : A. Shown as a deduction from the purchases

Which one is not an element of internal environment? A. Marketing capabilities B. Operational Capabilities C. Money and capital market D. Personal Capabilities

Description : Which one is not an element of internal environment? A. Marketing capabilities B. Operational Capabilities C. Money and capital market D. Personal Capabilities

Last Answer : C. Money and capital market

A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Description : A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Last Answer : a. Punched paper tape

The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Description : The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Last Answer : D. Peter Drucker

Which of the following terms is the most closely related to main memory? a. Non volatile b. Permanent c. Control unit d. Temporary

Description : Which of the following terms is the most closely related to main memory? a. Non volatile b. Permanent c. Control unit d. Temporary

Last Answer : d. Temporary

"Focus on social environment" is related to ? A. Unity of command B. Human Relations C. Unity of Direction D. All of the above

Description : "Focus on social environment" is related to ? A. Unity of command B. Human Relations C. Unity of Direction D. All of the above

Last Answer : B. Human Relations

IAll direct & indirect expenses related to business are charged: a)Profit and loss account b)Trading account c)Trading account Profit and Loss account d)Directly to Balance sheet

Description : All direct & indirect expenses related to business are charged: a)Profit and loss account b)Trading account c)Trading account Profit and Loss account d)Directly to Balance sheet

Last Answer : c)Trading account Profit and Loss account

Which of the following is a Real A/c? a) Building A/c b) Capital A/c c) Shyam A/c d) Rent A/c

Description : Which of the following is a Real A/c? a) Building A/c b) Capital A/c c) Shyam A/c d) Rent A/c

Last Answer : a) Building A/

Which of the following is not a Real Account? a) Cash A/c b) Investments A/c c) Out standing rent A/c d) Purchases A/c

Description : Which of the following is not a Real Account? a) Cash A/c b) Investments A/c c) Out standing rent A/c d) Purchases A/c

Last Answer : c) Out standing rent A/c

In the third Generation of computers a. Distributed data processing first became popular b. An operating system was first developed c. High level procedural language were first used d. Online real time systems first become popular

Description : In the third Generation of computers a. Distributed data processing first became popular b. An operating system was first developed c. High level procedural language were first used d. Online real time systems first become popular

Last Answer : d. Online real time systems first become popular

RATS stand for a. Regression Analysis Time Series b. Regression Analysis Time Sharing c. Real Analysis Series d. All of above

Description : RATS stand for a. Regression Analysis Time Series b. Regression Analysis Time Sharing c. Real Analysis Series d. All of above

Last Answer : a. Regression Analysis Time Series