In a three column cash book_______________does not exist?

✅ B. Accountant of business

Option A : Bank Option B : Accountant of business Option C : Manager of a company Option D : Banks cashier Correct Answer : Accountant of business Read more

✅ A. Debit Profit and Loss Account and deduct the provision from debtors

Option A : Debit Profit and Loss Account and deduct the provision from debtors Option B : Credit Profit & Loss Account and deduct the provision from debtors Option C : Credit Profit and Loss Account and add the provision to debtors Option D : Debit Profit & Loss Account and add the provision to debtors Correct Answer : Debit… Read more

✅ C. Deducted, Added

Option A : Added, Reduced Option B : Added, Added Option C : Deducted, Added Option D : Deducted, Deducted Correct Answer : Deducted, Added Read more

✅ C. Cost+ Transport+ Installation expenses

Option A : Cost price of asset Option B : Market price Option C : Cost+ Transport+ Installation expenses Option D : Cost or market values whichever is less Correct Answer : Cost+ Transport+ Installation expenses Read more

✅ A. Acceptance

Option A : Acceptance Option B : Unconditional promise to pay Option C : Properly stamped Option D : Payment to be made legal currency Correct Answer : Acceptance Read more

✅ B. Return inwards

Option A : Return outwords Option B : Return inwards Option C : cost of goods sold Option D : carriage on sales Correct Answer : Return inwards Read more

✅ D. Cost price or Market price whichever is lower

Option A : Cost Price Option B : Market Price Option C : Cost price or Market price whichever is higher Option D : Cost price or Market price whichever is lower Correct Answer : Cost price or Market price whichever is lower Read more

✅ C. 7150

Option A : 6441 Option B : 5431 Option C : 7150 Option D : 5876 Correct Answer : 7150 Read more