Which of the following is a Real A/c?

✅ A. Debtor

Option A : Debtor Option B : Creditor Option C : Defaulter Option D : Offender Correct Answer : Debtor Read more

✅ C. Entering in the ledger the information contained in the ledger

Option A : Posting the letters in drop box Option B : Posting suitable person to a suitable job Option C : Entering in the ledger the information contained in the ledger Option D : All the three Correct Answer : Entering in the ledger the information contained in the ledger Read more

✅ A. Sole-proprietorship

Option A : Sole-proprietorship Option B : General Partnership Option C : Limited Partnership Option D : Corporation Correct Answer : Sole-proprietorship Read more

✅ A. 20,000 Loss

Option A : 20,000 Loss Option B : 20,000 Profit Option C : 10,000 Loss Option D : 10,000 Profit Correct Answer : 20,000 Loss Read more

✅ A. Adjusted

Option A : Adjusted Option B : Unadjusted Option C : Understated Option D : Overstated Correct Answer : Adjusted Read more

✅ D. Cash

Option A : Bank Option B : Payments Option C : Discount Option D : Cash Correct Answer : Cash Read more

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Option A : Profit and Loss Account Option B : Balance Sheet Option C : Funds Flow Statement Option D : Trial Balance Read More Details about this Mcq Correct Answer : Trial Balance Read more

✅ B. $2000 will be credited in cash book

Option A : $2000 will be debited in cash book Option B : $2000 will be credited in cash book Option C : $4000 will be debited in cash book Option D : $4000 will be credited in the cash book Correct Answer : $2000 will be credited in cash book Read more