Description : (i) In __________ Book-keeping system, only Cash/Bank A/c and Personal accounts of Debtors and Creditors are opened.
Last Answer : Fill in the Blanks : (i) In __________ Book-keeping system, only Cash/Bank A/c ... ____________ accuracy is not guaranteed under Single Entry System.
Description : Direct deposit by a customer will be recorded on __________ side of Pass Book.
Last Answer : Direct deposit by a customer will be recorded on __________ side of Pass Book. (a) debit (b) credit (c) left hand (d) any
Description : (i) Changes in the ………………… of society have an impact on social relationships. (direction / structure / nature)
Last Answer : Choose the correct alternative and complete the statements : (i) Changes in the of ... a time sequence. (temporal / complex / immoral)
Description : The work of accounting depends upon ____________ (a) book-keeping (b) cash book (c) subsidiary books (d) ledger
Last Answer : The work of accounting depends upon ____________ (a) book-keeping (b) cash book (c) subsidiary books (d) ledger
Description : A wealthy man named Richard Ellis had been counting his money. When he finished, he accidentally left a $100.00 bill on his desk. But when he returned for it a short while later, it was gone. Only two ... But when they looked, there was no money in the book. After Mr. Ellis had talked to th -Riddles
Last Answer : The butler did it. Mr. Ellis knew the butler was lying because pages 35 and 36 in a book are always printed on opposite sides of the same piece of paper.
Description : (i) The single Entry System of Book-keeping is a scientific method of books of accounts.
Last Answer : Do you agree with the following statements? (i) The single Entry System of Book-keeping is ... Entry System follows the golden rules of accounts.
Description : (i) A system of book-keeping which records only one aspect of business transactions and ignores other aspects.
Last Answer : Write a word, term, or phrase which can substitute each of the following statements : (i ... approximate or estimated values as on a particular date.
Description : (i) A system of book-keeping in which both the aspects of transactions are recorded.
Last Answer : Write a word, term, or phrase which can substitute each of the following statements : (i) A ... find out profit or loss under a single entry system.
Description : When a transaction is not recorded according to the principles of book-keeping the error is said to be an error of principle.
Last Answer : State whether the following statement are True or False with reason : When a transaction is not ... error is said to be an error of principle.
Description : In Book-keeping & Accountancy nonmonetary transactions are also recorded.
Last Answer : State whether the following statement are true or false with reason : In Book-keeping & Accountancy nonmonetary transactions are also recorded.
Description : Book-keeping is an art as well as a science.
Last Answer : State whether the following statement are true or false with reason : Book-keeping is an art as well as a science.
Description : What is "book-building"? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers' activity
Last Answer : (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process Explanation: Book building refers to the process of generating, capturing, and recording investor ... a base price and a band within which the investor is allowed to bid for shares.
Description : The reason for keeping excess cash should be recorded in ------------- a. HO Summary b. Treasure’s Cash Book c Cash Account
Last Answer : a. HO Summary
Description : Tool of farm management is — a. Farm planning b. Farm budgeting c. Farm book keeping d. Production cost function
Last Answer : c. Farm book keeping
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 : Which of the following statement is correct? A. Fixed assets must always be shown at market value B. Book-keeping and accounting are different terms C. Owner's Equity = Assets + Liabilities D. Patents is an example of current asset
Last Answer : A. Fixed assets must always be shown at market value
Description : What is book-building ? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process ... subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers' activity
Last Answer : A process of inviting subscriptions to a public offer of securities, essentially through a tendering process
Description : Keeping the pressure constant, to double the volume of a given mass of an ideal gas at 27°C, the temperature should be raised to __________ °C. (A) 270 (B) 327 (C) 300 (D) 540
Last Answer : (B) 327
Description : Do you like to read? Your favorite book?
Last Answer : I don't really read a book, but I read the obligatory ones.
Description : Discuss and explain the movie ‘The Jungle Book’ with the help of the following points. (a) Classic elements
Last Answer : Discuss and explain the movie The Jungle Book' with the help of the following points. (a) ... (c) Photorealism (d) Blending of emotions
Description : 1. Sales return book was overcast by ₹ 1,200.
Last Answer : The trial balance of Sagar did not agree. It showed an excess credit of ₹ 7,550. Sagar ... to rectify the above errors and prepare Suspense Account.
Description : Interest on bank overdraft is recorded on _________ side of Pass Book.
Last Answer : Interest on bank overdraft is recorded on _________ side of Pass Book. (a) debit (b) credit (c) any (d) both
Description : Overdraft means _________ balance of Pass Book.
Last Answer : Overdraft means _________ balance of Pass Book. (a) opening (b) debit (c) credit (d) closing
Description : When cheque is ________ into bank Cash Book is debited.
Last Answer : When cheque is ________ into bank Cash Book is debited. (a) written (b) issued (c) deposited (d) dishonoured
Description : Bank charges charged by bank are recorded on _________ side of Pass Book.
Last Answer : Bank charges charged by bank are recorded on _________ side of Pass Book. (a) debit (b) credit (c) any (d) both
Description : Pass Book is _________ of account holders transactions with bank.
Last Answer : Pass Book is _________ of account holders transactions with bank. (a) an extract (b) balance sheet (c) balance (d) mode
Description : Total of Sales book is ____________ to sales account.
Last Answer : Total of Sales book is ____________ to sales account. (a) entered (b) moved (c) posted (d) given
Description : A __________ company must issue prospectus to the public for capital subscription.
Last Answer : A __________ company must issue prospectus to the public for capital subscription. (a) Statutory (b) Private (c) Public
Description : In a small company, paid-up share capital does not exceed ₹ __________ or such higher amount as may be prescribed.
Last Answer : In a small company, paid-up share capital does not exceed ₹ __________ or such higher amount as may be prescribed. ... (b) ₹ 20 lakh (c) ₹ 50 lakh
Description : __________ means the ruling class.
Last Answer : __________ means the ruling class. (a) Rashtra (b) Rajya (c) Gana (d) Khanda
Description : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system.
Last Answer : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system ... (c) Revenue (d) Profit or Loss
Description : Reserve for discount on debtor has a __________ balance.
Last Answer : Reserve for discount on debtor has a __________ balance. (a) credit (b) debit (c) nil (d) positive
Description : Interest on investment is __________ of business concern.
Last Answer : Interest on investment is __________ of business concern. (a) a profit (b) a loss (c) an expense (d) an income
Description : Depreciation is always charged on __________ assets.
Last Answer : Depreciation is always charged on __________ assets. (a) Current (b) Fixed (c) Fictitious (d) Intangible
Description : Outstanding expenses is a __________ account.
Last Answer : Outstanding expenses is a __________ account. (a) Real (b) Personal (c) Nominal (d) None of them
Description : Under the __________ system of depreciation, the amount of depreciation does not change from year to year.
Last Answer : Under the __________ system of depreciation, the amount of depreciation does not change from year to year. ... (c) Depletion (d) Machine Hour Rate
Description : Wages paid for installation of machinery is debited to __________ account.
Last Answer : Wages paid for installation of machinery is debited to __________ account. (a) Profit and Loss (b) Trading (c) Wages (d) Machinery
Description : __________ is described as Purandara.
Last Answer : __________ is described as Purandara. (a) Agni (b) Varuna (c) Indra (d) Vayu
Description : Overdraft facility is allowed to __________ account.
Last Answer : Overdraft facility is allowed to __________ account. (a) saving (b) recurring (c) current (d) fixed deposit.
Description : When the total of debit side of an account exceeds credit side, it is called __________ balance.
Last Answer : When the total of debit side of an account exceeds credit side, it is called __________ balance. (a) Debit (b) Credit (c) Nil (d) Real
Description : 1. The investment limit of small scale industries has been increasing up to __________ crores.
Last Answer : Complete the following statements by choosing the correct alternative: 1. The investment limit of small scale ... HAL (c) MTNL (d) Railways