Where does carriage inwards go to in the trial balance?

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Related questions

Description : What is that which goes with a carriage, comes with a carriage, is of no use to a carriage, and yet the carriage cannot go without it. What is it? -Riddles

Last Answer : Noise.

Description : The error of omission is disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : The error of omission is disclosed by the Trial Balance.

Description : (i) Question 6. The disagreement of Trial Balance indicates that an ___________ has been committed.

Last Answer : Complete the following sentences : (i) Question 6. The disagreement of Trial Balance indicates ... (v) Rectification entries are passed in ________

Description : (i) ___________ sided errors affect the total of Trial Balance.

Last Answer : Complete the following sentences : (i) ___________ sided errors affect the total of Trial ... Sales book is corrected by _______ Sales Account.

Description : If the trial balance shows a short credit the suspense account will have a _______ balance. 

Last Answer : If the trial balance shows a short credit the suspense account will have a _______ balance. (a) debit (b) zero (c) credit (d) nil

Description : Errors of principle are not disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : Errors of principle are not disclosed by the Trial Balance.

Description : If the trial balance does not agree the difference of the trial balance is placed in _______ account. 

Last Answer : If the trial balance does not agree the difference of the trial balance is placed in _______ account. ... ) Suspense (c) Rectification (d) Real

Description : What is Accounts Payable considered a on the Trial Balance?

Last Answer : what is it best to receive before paying and invoice

Description : Closing stock appearing in the Trial Balance is shown in– (A) Balance Sheet only (B) Trading Account only (C) Trading Account and Balance Sheet both (D) None of the above

Last Answer : Answer: Balance Sheet only

Description : Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Last Answer : Answer: All the three

Description : The post-closing trial balance contains only a. income statement accounts. b. balance sheet accounts. c. balance sheet and income statement accounts. d. income statement, balance sheet, and retained earnings statement account

Last Answer : b. balance sheet accounts.

Description : he steps in the preparation of a worksheet do not include a. analyzing documentary evidence. b. preparing a trial balance on the worksheet. c. entering the adjustments in the adjustment columns. d. entering adjusted balances in the adjusted trial balance columns.

Last Answer : a. analyzing documentary evidence.

Description : The two optional steps in the accounting cycle are preparing a. a post-closing trial balance and reversing entries. b. a worksheet and post-closing trial balances. c. reversing entries and a worksheet. d. an adjusted trial balance and a post-closing trial balance.

Last Answer : c. reversing entries and a worksheet.

Description : Which of the following steps in the accounting cycle may be performed more frequently than annually? a. Prepare a post-closing trial balance b. Journalize closing entries c. Post closing entries d. Prepare a trial balance

Last Answer : d. Prepare a trial balance

Description : The final step in the accounting cycle is to prepare a. closing entries. b. financial statements. c. a post-closing trial balance. d. adjusting entries.

Last Answer : c. a post-closing trial balance.

Description : . Which one of the following is an optional step in the accounting cycle of a business enterprise? a. Analyze business transactions b. Prepare a worksheet c. Prepare a trial balance d. Post to the ledger accounts

Last Answer : b. Prepare a worksheet

Description : he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.

Last Answer : b. journalizing and posting adjusting entries.

Description : Which one of the following is usually prepared only at the end of a company's annual accounting period? a. Preparing financial statements b. Journalizing and posting adjusting entries c. Journalizing and posting closing entries d. Preparing an adjusted trial balance

Last Answer : c. Journalizing and posting closing entries

Description : The heading for a post-closing trial balance has a date line that is similar to the one found on a. a balance sheet. b. an income statement. c. an stockholders' equity statement. d. the worksheet.

Last Answer : a balance sheet.

Description : The balances that appear on the post-closing trial balance will match the a. income statement account balances after adjustments. b. balance sheet account balances after closing entries. ... statement account balances after closing entries. d. balance sheet account balances after adjustments.

Last Answer : b. balance sheet account balances after closing entries.

Description : The purpose of the post-closing trial balance is to a. prove that no mistakes were made. b. prove the equality of the balance sheet account balances that are carried forward into the ... next accounting period. d. list all the balance sheet accounts in alphabetical order for easy reference.

Last Answer : b. prove the equality of the balance sheet account balances that are carried forward into the next accounting period.

Description : A post-closing trial balance should be prepared a. before closing entries are posted to the ledger accounts. b. after closing entries are posted to the ledger accounts. c. before adjusting entries are posted to the ledger accounts. d. only if an error in the accounts is detected.

Last Answer : b. after closing entries are posted to the ledger accounts.

Description : A post-closing trial balance will show a. only permanent account balances. b. only temporary account balances. c. zero balances for all accounts. d. the amount of net income (or loss) for the period.

Last Answer : a. only permanent account balances.

Description : All of the following statements about the post-closing trial balance are correct except it a. shows that the accounting equation is in balance. b. provides evidence that the journalizing and posting ... . c. contains only permanent accounts. d. proves that all transactions have been recorded.

Last Answer : d. proves that all transactions have been recorded.

Description : After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.

Last Answer : a. adjusted trial balance.

Description : Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets

Last Answer : b) Trial Balance

Description : The process of recording financial data upto trial balance is a) Book keeping b) Classifying c) Summarising d) Analyzing

Last Answer : a) Book keeping

Description : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Last Answer : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Description : If a trial balance totals do not agree, the difference must be entered in A) The Profit and Loss Account B) A Nominal Account C) The Capital Account D) A Suspense Account 

Last Answer : Answer: D

Description : Net profit is computed in the A) Profit and loss account B) Balance sheet C) Trial balance D) Trading account

Last Answer : Answer: A

Description : Do you know of any chaotic/problematic characters in literature that transform through looking inwards?

Last Answer : Hmm, Dr. Strange? How about Tony Stark?

Description : Do you pin postcards up with the writing outwards or inwards?

Last Answer : I don’t have a board to post my posts on. My letters are lazily stored on my dresser, in a large envelope, and in a red box. If I were to tack them on a board, I would probably have the writing face me. Seeing the handwriting of friends and family makes me happy :)

Description : (i) Bills Payable A/c (ii) Bank of India A/c (iii) Carriage Inwards A/c

Last Answer : Classify the following accounts under the types of Personal, Real, and Nominal accounts : (i) Bills Payable ... Stock A/c (v) Accrued Interest A/c

Description : (i) Sales A/c (ii) Return Inwards A/c (iii) Rent received A/c

Last Answer : Classify the following accounts under the types of Personal, Real, and Nominal accounts : (i) Sales A/c ... iv) Wages A/c (v) Discount received A/c

Description : Assertion Net torque in the current carrying loop placed in a uniform magnetic field (pointing inwards) is zero. Reasonl Magnetic moment (M) is inward

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Description : What symbol has a green and yellow arrow pointing inwards?

Last Answer : It's EverymanHYBRID's logo.

Description : Railway tracks are banked on curves so that : (1) the train may not fall down inwards. (2) the weight of the train may be reduced. (3) necessary centripetal force may be obtained from the ... normal reaction due to track. (4) no frictional force may be produced between the wheels and the track.

Last Answer : (3) necessary centripetal force may be obtained from the horizontal component of the normal reaction due to track. Explanation: A vehicle moving at a fast speed on a straight rail/ road has ... it experiences an additional force, termed as centripetal force, acting towards the centre of the circle.

Description : Railway tracks are banked on curves so that - (1) Necessary centrifugal force may be obtained from the horizontal component of the weight of the train (2) No frictional force may be produced between the ... the horizontal component of the weight of the train (4) The train may not fall down inwards

Last Answer : (3) Necessary centripetal force may be obtained from the horizontal component of the weight of the train

Description : Roads are bent inwards on curves. Why?

Last Answer : Ans: The roads are bent inwards on the curves and at the turns because the bents avoid falling outside and prevent the accidents. OR When an object turns in a circle it is influenced by a centrifugal ... in a way that these bent inward at the turns to avoid falling outside and to prevent accidents.

Description : Roads are bent inwards on curves.

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Last Answer : c) Laterally outwards

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Last Answer : (c) Flaccidity of bulliform cells

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Last Answer : (B) Hillock

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Last Answer : Answer: Option A

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Last Answer : (D) The water seal is less than that of ordinary traps

Description : Railway tracks are banked on curves so that (1) Necessary centrifugal force may be obtained from the horizontal component of the weight of the train (2) No frictional force may be produced between the ... the horizontal component of the weight of the train (4) The train may not fall down inwards

Last Answer : Necessary centripetal force may be obtained from the horizontal component of the weight of the train

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