Author: Faraz Ahmed – Page 23

✅ D. Trading and Profit and Loss A/c

Option A : Balance Sheet Option B : Profit and Loss appropriation A/c Option C : Manufacturing A/c Option D : Trading and Profit and Loss A/c Correct Answer : Trading and Profit and Loss A/c Read more

✅ C. Petty cash column

Option A : Cash column Option B : Bank column Option C : Petty cash column Option D : Discount column Correct Answer : Petty cash column Read more

✅ C. Salary remained outstanding

Option A : Cash received from debtors Option B : Cash paid to creditors Option C : Salary remained outstanding Option D : Cash deposited with bank Correct Answer : Salary remained outstanding Read more

✅ C. Assets

Option A : Liability Option B : Gain Option C : Assets Option D : Loss Correct Answer : Assets Read more

✅ C. Cash column

Option A : Bank column Option B : Discount column Option C : Cash column Option D : None Correct Answer : Cash column Read more

✅ A. Assets

Option A : Assets Option B : Expenditure Option C : Liability Option D : None Correct Answer : Assets Read more

✅ A. Postage stamps

Option A : Postage stamps Option B : B/R Option C : Cheque Deposited with Bank Option D : B/R endorsed Correct Answer : Postage stamps Read more

✅ C. Building A/c

Option A : Salary A/c Option B : Bank A/c Option C : Building A/c Option D : Goodwill A/c Correct Answer : Building A/c Read more

✅ A. Outstanding Salary A/c

Option A : Outstanding Salary A/c Option B : Rent A/c Option C : SBI A/c Option D : Bad debts A/c Correct Answer : Outstanding Salary A/c Read more

✅ B. Rent A/c

Option A : Outstanding Salary A/c Option B : Rent A/c Option C : SBI A/c Option D : Debtors A/c Correct Answer : Rent A/c Read more