A. commission B. original entry C. complete reversal of entry D. principle Correct Answer: Option D D. principle
i. cost of raw materials consumed ii. indirect expenses iii. direct labour iv. factory expenses v. work-in-progress vi. direct expenses…
A. waybill B. credit note C. receipt D. invoice Correct Answer: Option D D. invoice
A. asset B. liability C. profit D. surplus Correct Answer: Option A A. asset
A. surplus B. porofit C. deficit D. capital Correct Answer: Option D D. capital
A. cash book B. statement of affairs C. suspense account D. control account Correct Answer: Option B B. statement of…
A. carriage inwards B. carriage outwards C. returns outwards D. returns inwards Correct Answer: Option C C. returns outwards
A. cash book B. bank statement C. control accounts D. trial balance Correct Answer: Option A A. cash book
A. budget B. warrant C. vote D. voucher Correct Answer: Option D D. voucher
A. compensating error B. complete reversal of entry C. error in addition D. error of original entry Correct Answer: Option…