Tutor, please help!

Practical :

(a) If items worth 1,750 returned to suppler is wrongly entered in bargains returned book as 1,570 by then what will be the ajustment entry?

(b) If unsold product costing 20,000 is taken over by venturer at 15,000, what will be the entry in the joint undertaking records?

Multiple choice questions:

1. Which of the going with bungles impacts the comprehension of a primer balance?

(A) Mistake in changing a record

(B) Omitting to record a trade inside and out in the helper books

(C) Recording of a misguided section in the helper book

(D) Posting a part on the correct side anyway in some unsuitable record

2. Difference in Bank Balance as indicated by Pass book and Cash book may arise in view of

(A) Cheque gave at this point not presented

(B) Cheque gave at this point affronted

(C) Cheque put away not credited by bank

(D) All of the previously mentioned

3. Which of these things are contemplated for course of action of changed cash book?

(A) Mistake in genuine cash book

(B) Mistake in pass book

(C) Cheque gave anyway not presented for portion

(D) Cheque put away anyway not cleared by bank

4. Kasi draws a bi ll on Shyam for 5,000 and Kasi accepted it to Ram. Hammer endorese it to Rahul. The payee of the bill will be

(A) Kasi

(B) Ram

(C) Shyam

(D) Rahul

5. On receipt of items from the sender the specialist charges which of these records?

(A) Purchase account

(B) Goods account

(C) Consignor account

(D) None of the previously mentioned

6. The Consignment Accounting is made on the going with premise

(A) Cash premise

(B) Realisation premise

(C) Accrual premise

(D) None of the previously mentioned

7. Joint undertaking account is of the possibility of

(A) Personal account

(B) Nominal account

(C) Real account

(D) Suspense account

8. Closing stock appearance up in the primer balance is showed up in

(A) Trading A/c and Balance sheet

(B) Profit and Loss A/c

(C) Balance Sheet figuratively speaking

(D) Trading A/c specifically

9. Which one of the going with character isn't related to Financial Accounting?

(A) Evaluates the money related strength of the whole business.

(B) Based on monetary trades of the undertaking

(C) Reports are reliably subject to legitimate audit.

(D) Reports are as indicated by need of the board.

10. Which one of the going with condition is correct?

(A) Owner's Equity = Liability + Asset

(B) Owner's Equity = Asset - Liability

(C) Liability = Owner's Equity + Asset

(D) Asset = Owner's Equity + Liability