Multiple Choice
The main purpose of accounting is to provide financial info to
A) Shareholder
B) Board of directors
C) Tax authorities
D) All of these
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Three column cashbook contains<br>A)Cash ,credit ,bank<br>B)Cash, discount,
Q12: _ from the source document for sales
Q13: Entries come both on the debit side
Q14: Adjusted purchase means<br>A)Purchase<br>B)Purchase + opening stock<br>C)Purchase? closing
Q15: A cashbook which contain only one column
Q17: An error which violates the fundamentals of
Q18: Imprest system is used in<br>A)Petty cashbook<br>B)Simple cashbook<br>C)Double
Q19: Small payments are entered in<br>A)Simple cashbook<br>B)Petty cash
Q20: The balance of trading account is called<br>A)Balance
Q21: Branch stock is always prepared at _