Principles of Accounting

Loan

Commission

Equity

Sales

Help balance the bank account

Check the accuracy of the book of original entry

Help check the arithmetical accuracy

None of these

personal account

Real account

Nominal account

Capital account

Increase in assets a/cs and expense a/cs

Increase in liabilities a/cs and income a/cs

Increase in expense a/cs and liabilities a/cs

Increase in assets a/cs and expenses a/cs

One party

Two parties

No party

None of these

Brought forward

Carry forward

Balance

None of these

Ali’s account

Bad debts account

Bad debts recovered account

Creditors a/c

The first column of journal form

The second column of journal form

The third column of journal form

The forth column of journal form

Dual aspect concept

Entity concept

Money measurement concept

None of these

Ledger folio column of journal

Journal folio column of journal

Both A and B

None of these