Accounting

A debenture holder is a?

A. creditor B. promoter C. debtor D. shareholder Correct Answer: Option A A. creditor

6 years ago

Which of the following is debited to the partner’s current account?

A. capital B. interest on capital C. drawings D. share of profit Correct Answer: Option C C. drawings

6 years ago

A medium of imputing data into the computer is through the use of the?

A. keyboard B. monitor C. software D. hardware Correct Answer: Option A A. keyboard

6 years ago

Which of the following is a self-balancing account?

A. capital B. interest on capital C. drawings D. share of profit Correct Answer: Option D D. share of profit

6 years ago

Hardware in data processing refers to?

A. programs run on the computer B. entry and storage of information on computer C. Microsoft disc operating system D.…

6 years ago

As evidence of payment to a government treasury, revenue collectors issue?

A. treasury card B. receipt voucher card C. treasury receipt D. payment voucher Correct Answer: Option C C. treasury receipt

6 years ago

The depreciation on plant acquired by a manufacturing company is treated as?

A. prime cost B. administrative expenses C. factory overhead D. selling and distribution expenses Correct Answer: Option C C. factory…

6 years ago

The authority of the Accountant-General to disburse from government fund is?

A. provision B. warrant C. vote D. estimate Correct Answer: Option B B. warrant

6 years ago

Which of the following is found in a Sales Ledger Account?

A. credit purchases B. bill payable C. discount received D. discount allowed Correct Answer: Option D D. discount allowed

6 years ago