(i) A system of book-keeping in which both the aspects of transactions are recorded.

(i) A system of book-keeping in which both the aspects of transactions are recorded.
by

1 Answer

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.
by
selected by

Related questions

(i) A system of book-keeping which records only one aspect of business transactions and ignores other aspects.

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.

In Book-keeping & Accountancy nonmonetary transactions are also recorded.

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.

Which transactions are recorded in the Return Inward Book?

Description : Which transactions are recorded in the Return Inward Book?

Last Answer : Which transactions are recorded in the Return Inward Book?

Which transactions are recorded in the Return Outward Book?

Description : Which transactions are recorded in the Return Outward Book?

Last Answer : Which transactions are recorded in the Return Outward Book?

When a transaction is not recorded according to the principles of book-keeping the error is said to be an error of principle.

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.

The reason for keeping excess cash should be recorded in ------------- a. HO Summary b. Treasure’s Cash Book c Cash Account

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

A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____. a. Financial system b. Financial market c. Financial institution

Description : A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____. a. Financial system b. Financial market c. Financial institution

Last Answer : a. Financial system

All transactions are recorded in the Single Entry System

Description : All transactions are recorded in the Single Entry System

Last Answer : State True or False with reasons: All transactions are recorded in the Single Entry System

Which of the following does an auditor least likely perform in assessing audit risk? a. Understand the economic substance of significant transactions completed by the client. b. Understand the entity and the industry in which it operates. c. Gather audit evidence in support of recorded transactions. d. Obtain an understanding of the client's system of internal contro

Description : Which of the following does an auditor least likely perform in assessing audit risk? a. Understand the economic substance of significant transactions completed by the client. b. Understand the entity ... of recorded transactions. d. Obtain an understanding of the client's system of internal contro

Last Answer : Gather audit evidence in support of recorded transactions

All transactions are recorded directly in the ledger.

Description : All transactions are recorded directly in the ledger.

Last Answer : State whether the following statement are ‘True or False’ with reason : All transactions are recorded directly in the ledger.

Transactions can be recorded in any order in the Journal.

Description : Transactions can be recorded in any order in the Journal.

Last Answer : Correct the following statement and rewrite the statement : Transactions can be recorded in any order in the Journal.

In which order the transactions are recorded in a journal.

Description : In which order the transactions are recorded in a journal.

Last Answer : In which order the transactions are recorded in a journal.

(i) System in which entry is recorded for cash as well as credit transactions.

Description : (i) System in which entry is recorded for cash as well as credit transactions.

Last Answer : Give the word term or phrase which can substitute each of the following statement : (i) ... of goods or services for immediate cash payment.

Which of the following statements concerning analytical procedures is true? a. Analytical procedures are more efficient, but not more effective, than tests of details of transactions. b. Analytical procedures used as risk assessment procedures use data aggregated at a high level. c. Analytical procedures can replace tests of controls in gathering audit evidence to support the assessed level of control risk. d. Analytical procedures usually involve comparisons of ratios developed from recorded amounts with ratios developed by management

Description : Which of the following statements concerning analytical procedures is true? a. Analytical procedures are more efficient, but not more effective, than tests of details of transactions. ... usually involve comparisons of ratios developed from recorded amounts with ratios developed by management

Last Answer : Analytical procedures used as risk assessment procedures use data aggregated at a high level.

Most of the independent auditor's work in formulating an opinion on financial statements consists of a. Studying and evaluating internal control b. Obtaining and examining evidential matter c. Examining cash transactions d. Comparing recorded accountability with assets

Description : Most of the independent auditor's work in formulating an opinion on financial statements consists of a. Studying and evaluating internal control b. Obtaining and examining evidential matter c. Examining cash transactions d. Comparing recorded accountability with assets

Last Answer : Obtaining and examining evidential matter

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 of closing entries have been properly completed. c. contains only permanent accounts. d. proves that all transactions have been recorded.

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.

Matching concept means A] Assets = capital + liabilities B] Transactions recorded at accrual concept C] Anticipate no profit but recognize all losses D] Expenses should be matched with the revenue of the period.Matching concept means A] Assets = capital + liabilities B] Transactions recorded at accrual concept C] Anticipate no profit but recognize all losses D] Expenses should be matched with the revenue of the period.

Description : Matching concept means A] Assets = capital + liabilities B] Transactions recorded at accrual concept C] Anticipate no profit but recognize all losses D] Expenses should be matched with the revenue of the period.

Last Answer : D] Expenses should be matched with the revenue of the period.

(i) A book of accounts in which all ledger accounts are maintained.

Description : (i) A book of accounts in which all ledger accounts are maintained.

Last Answer : Write the word, term, phrase, which can substitute each of the statement : (i) A book of ... 's prepared from the balances of the ledger account.

(i) A bound book of Account. (ii) The credit balance of the Bank Account.

Description : (i) A bound book of Account. (ii) The credit balance of the Bank Account.

Last Answer : Write the word, term, phrase, which can substitute each of the statement : (i) A bound book of Account ... . (v) The right-hand side of an account.

A calorie is a unit of heat and it equals 4.2 J, where 1 J = kg m^2 s^-2. A distant civilisation employs a system of units in which the units

Description : A calorie is a unit of heat and it equals 4.2 J, where 1 J = kg m^2 s^-2. A distant civilisation employs a system of units in which the units

Last Answer : A calorie is a unit of heat and it equals 4.2 J, where 1 J = kg m2 s-2. A distant ... energy. What will be the magnitude of calorie in their units?

Andy Vajna dies. A lot of people enjoy Facebook. Is that good?

Description : Read everywhere about the death of Andy Vajna. It’s awful for me to see the wave of grievance happening during these posts. How are you doing with this?

Last Answer : Unfortunately, there are a lot of malicious people. And envy. Those who talk about it in hatred are exactly those who did not know it. Neither do I, but I don't judge a person I don't really know, this world is so sick unfortunately ... :(

At constant temperature, a. Graph shows relation between pressure and volume. Represent the relation mathematically. b. Identify the law. 

Description : At constant temperature, a. Graph shows relation between pressure and volume. Represent the relation mathematically. b. Identify the law. 

Last Answer : With the help of graph answer the following - At constant temperature, a. Graph shows relation between ... law. c. Write the statement of law.

(i) A resolution passed by simple majority is called __________

Description : (i) A resolution passed by simple majority is called __________

Last Answer : Complete the sentences. (i) A resolution passed by simple majority is called __________ (ii) A ... of a member in a meeting is called ________

(i) A person who presides over the meeting is known as _________

Description : (i) A person who presides over the meeting is known as _________

Last Answer : Complete the sentences. (i) A person who presides over the meeting is known as _________ ( ... which is changed due to amendment is called ________

(i) A proxy can vote under the poll method.

Description : (i) A proxy can vote under the poll method.

Last Answer : State whether the following statements are True or False. (i) A proxy can vote under the poll ... v) Motion is a final decision of the meeting.

(i) A list of items to be transacted at the meeting.

Description : (i) A list of items to be transacted at the meeting.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. (i) A ... . (v) A motion finally passed at the meeting.

(i) A Directors include whole-time employment of company is called WTD.

Description : (i) A Directors include whole-time employment of company is called WTD.

Last Answer : State whether the following statements are True or False. (i) A Directors include whole-time ... company is a general duty of the secretary.

(i) A first secretary appointed by the promoter.

Description : (i) A first secretary appointed by the promoter.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. ... person nominated on the Board by a dominant shareholder.

(i) A person can enter into a share purchase transaction on behalf of a minor.

Description : (i) A person can enter into a share purchase transaction on behalf of a minor.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. (i) A ... (v) They can buy shares of an Indian company.

(i) A constitution or charter of the company.

Description : (i) A constitution or charter of the company.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. ( ... to subscribe for shares or debentures of the company.

(i) A company shall be formed for any lawful purpose

Description : (i) A company shall be formed for any lawful purpose

Last Answer : State whether the following statements are True or False. (i) A company shall be formed for any ... ) First Director of the company appointed by ROC.

(i) A business that is owned and managed by one person is called as ________

Description : (i) A business that is owned and managed by one person is called as ________

Last Answer : Complete the sentences : (i) A business that is owned and managed by one person is called ... two or more person collectivity is called as ________

(i) A Joint Stock company is an artificial person created by law.

Description : (i) A Joint Stock company is an artificial person created by law.

Last Answer : State whether the following statements are True or False : (i) A Joint Stock company is an ... number of membership is restricted to up to 50.

(i) A company incorporated outside India.

Description : (i) A company incorporated outside India.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements : (i ... having no limit on the liability of its member.

(i) A type of secretary appointed by an institution.

Description : (i) A type of secretary appointed by an institution.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements : (i ... is not supposed to be disclosed by the secretary.

(i) A Copy Right is __________ Asset.

Description : (i) A Copy Right is __________ Asset.

Last Answer : Fill in the blanks: (i) A Copy Right is __________ Asset. (ii) Wages paid for ... __________ (v) Return outward are deducted from _____________

1. A naturalist can study food habits and behaviour of animals in a

Description : 1. A naturalist can study food habits and behaviour of animals in a

Last Answer : Multiple Choice Questions: 1. A naturalist can study food habits and behaviour of animals in a ... for identification of species found in an area.

(i) A temporary account opened to rectify the entry is known as suspense A/c.

Description : (i) A temporary account opened to rectify the entry is known as suspense A/c.

Last Answer : Do you agree or disagree with the following statements. (i) A temporary account opened to rectify ... and rules are known as Errors of Principle.

i. A financial institution which receives deposits and lends money is called as ________

Description : i. A financial institution which receives deposits and lends money is called as ________

Last Answer : Complete the sentence: i. A financial institution which receives deposits and lends money is ... iv. Overdraft facility is given to _____________

i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Description : i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: ... Instrument which can be discounted with the bank.

i. A company usually opens ________ account in a bank.  (a) Current  (b) Saving  (c) Recurring

Description : i. A company usually opens ________ account in a bank.  (a) Current  (b) Saving  (c) Recurring

Last Answer : Select the correct answer from the options given below and rewrite the statement: i. A company usually ... ) Fixed (b) Current (c) Recurring

i. A director can be removed before the expiry of his term. ii. Directors act as trustees of the company.

Description : i. A director can be removed before the expiry of his term. ii. Directors act as trustees of the company.

Last Answer : State whether the following statements are True or False: i. A director can be removed ... meetings. vi. Director can take decisions individually.

Match the following.  A 1. Constitution

Description : Match the following.  A 1. Constitution

Last Answer : Match the following. A B 1.Constitution (a) It is the freedom to go ... entity and commonly determine how that entity is to be governed.

i. Process of communication, conveying a message in spoken form. ii. A set of interconnected web pages located on a single web domain.

Description : i. Process of communication, conveying a message in spoken form. ii. A set of interconnected web pages located on a single web domain.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i ... . vi. Audio-Visual means of electronic communication.

i. A meeting of shareholders which is held once a year. ii. A meeting of shareholders is held between two annual general meetings.

Description : i. A meeting of shareholders which is held once a year. ii. A meeting of shareholders is held between two annual general meetings.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: i ... A meeting of the preference shareholders of a company.

What's is a book that describes and explains the different aspects of human personalities?

Description : What's is a book that describes and explains the different aspects of human personalities?

Last Answer : answer:E.O. Wilson's Consilience (1997) is a trip. It's a pan across the fields of evolutionary biology, neuroscience and genetics and introduces such topics as epigenetics and epiculture ... best used as leverage to expose the strengths and weaknesses of both characters and society in writing.

Pass Book is _________ of account holders transactions with bank. 

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

The first required step in the accounting cycle is a. reversing entries. b. journalizing transactions in the book of original entry. c. analyzing transactions. d. posting transactions.

Description : The first required step in the accounting cycle is a. reversing entries. b. journalizing transactions in the book of original entry. c. analyzing transactions. d. posting transactions.

Last Answer : c. analyzing transactions.

In which caliph era was the first hadith to be recorded in book form ?

Description : In which caliph era was the first hadith to be recorded in book form ?

Last Answer : In the time of Caliph Omar bin Abdul Aziz (RA).

None Hacker Name Guinness Book Off Walde Recorded Is there ?

Last Answer : Stanley Mark Rifkin ( Stanley Mark Rifkin ) _ One Hacker Name Guinness Chest Recorded Was in the "Biggest Computer Fraud" category . Also named Kevin D. Mitnick in 1999 One Hacker in the "The Most Famous Hacker" category Guinness Chest Place Got it .