A. undercasting of purchase B. overcasting of purchases C. original entry D. transportation of returns outwards E. omission of creditor's…
A. depreciated on straight line method B. depreciated on reducing balance method C. expenses in the year of purchase D.…
A. surplus B. drawing C. deficit D. shortage E. discount Correct Answer: Option C - deficit
A. profit and loss appropriation account B. manufacturing account C. trading account D. profit and loss account E. current account…
A. goods sold B. goods purchased C. goods returned to stock D. excess stock E. goods for manufacture Correct Answer:…
A. capital account B. drawings account C. current account D. profit and loss account E. appropriate account Correct Answer: Option…
A. share premium account B. share discount account C. profit and loss account D. capital reserve account E. general reserve…
A. discount allowed B. carried inwards C. factory rent D. carriage outwards E. depreciation of office equipment Correct Answer: Option…
A. application for shares account, credit bank account B. bank account, credit application for shares account C. allotment account, credit…
A. building classroom B. sinking of wells C. purchase of drugs D. construction of markets E. purchase of hospital beds…