Question
Please answer fast :in reference to managerial accounts , with proper explanation and reasons Providers individual a/c are found in the A) Sales Ledger B)
Please answer fast :in reference to managerial accounts , with proper explanation and reasons
Providers individual a/c are found in the
A) Sales Ledger
B) Nominal record
C) Purchases Ledger
D) General Ledger
In the event that you need to guarantee that your cash will be gotten if checks sent are squandered in the post, you ought to
A) Always pay with money
B) Cross your Checks 'Record Payee just, Not Negotiable.'
C) Always get the cash face to face
D) Not utilize the postal help in future
Limits got are
A) Deducted by us when we pay our records
B) Deducted when we get money
C) Given by us when we sell products on layaway
D) None of these
Deals solicitations are first entered in
A) The Cash Book
B) The Purchases Journal
C) The Sales Journal
D) The Sales Account
Entered in the Purchases Journal are
A) Discounts got
B) Purchases solicitations
C) Payments to providers
D) Trade limits
At the monetary record date, the equilibrium on the Accumulated Provision for Depreciation Account is
A) Transferred to Depreciation Account
B) Transferred to the Asset Account
C) Transferred to Profit and Loss Account
D) Simply deducted from the resource yet to be determined Sheet
On the off chance that we take products for own utilization we ought to
A) Debit Drawings Account, Credit Purchases Account
B) Debit Drawings Account: Credit Stock Account
C) Debit Sales Account: Credit Stock Account
D) Debit Purchases Account: Credit Drawings Account
At the point when a negligible money book is kept there will be
A) No passages made at all in the overall record for things paid by trivial money
B) similar number of sections in the overall record
C) Fewer passages made in the overall record
D) More sections made in the overall record
In the event that a preliminary equilibrium sums disagree, the distinction should be entered in
A) The Profit and Loss Account
B) A Nominal Account
C) The Capital Account
D) A Suspense Account
On the off chance that it is needed to keep up fixed capitals, the accomplices' portions of benefits should be
A) Credited to capital records
B) Debited to capital records
C) Debited to accomplices' present records
D) Credited to accomplices' present records
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