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Principles of Accounting
204
Accounting Miscellaneous
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Principles of Accounting
Rs. 10 received from Ali whose account was previously written off as bad debt should be credited to:
Ali’s account
Bad debts account
Bad debts recovered account
Creditors a/c
Author:
rikazzz
Comment
Principles of Accounting
Accounting to the journalizing rule, the page numbers of the ledger where the two concerned accounts have been posted are written in:
The first column of journal form
The second column of journal form
The third column of journal form
The forth column of journal form
Author:
rikazzz
Comment
Principles of Accounting
The “qualitative aspect” of things are ignored by:
Dual aspect concept
Entity concept
Money measurement concept
None of these
Author:
rikazzz
Comment
Principles of Accounting
When we post the various entries from the journal into the ledger, we should write the ledger page in the:
Ledger folio column of journal
Journal folio column of journal
Both A and B
None of these
Author:
rikazzz
Comment
Principles of Accounting
Transactions renting to persons or institutions:
Real accounts
Nominal account
Personal accounts
Drawings account
Author:
rikazzz
Comment
Principles of Accounting
Ledger is a book in which :
Only real accounts are opened
Only real and personal accounts are opened
All the real and personal accounts are opened
None of these
Author:
rikazzz
Comment
Principles of Accounting
The act of collecting processing reporting, analyzing, interpreting and projecting financed information is called:
Economics
Accounting
Information to business
Introduction to business
Author:
rikazzz
Comment
Principles of Accounting
Market value of investments is shown as a fool note according to:
Convention of disclosure
Convention of consistency
Convention of conservation
None of these
Author:
rikazzz
Comment
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