Related MCQs

Q. ‘Drawings’ falls under which account-

Q. If a person fails to pay his debt, such amount is considered as-

Q. On dishonor of a discounted bill who does the bank look for payment?

Q. The art of recording all business transactions in a systematic manner in a set of books is called-

Q. What are the features of a computerized accounting system.

Q. The balance on the debit side of the bank column of cash book indicates?

Q. Favorable balance means?

Q. The party which is entitled to receive the payment of bill of exchange is known as :

Q. A bank reconciliation statement is prepared by?

Q. If the due date is public holiday what will be the due date of the bill