Related MCQs

Q. The person, firm or institution who does not pay the price in cash for the goods purchased or the s

Q. If the drawer is in need of money and cannot wait till due date and receive the money form bank is

Q. …………… is a document that verifies the business transaction.

Q. The ________ of a vendor is also an important factor to consider while opting for a computerized ac

Q. The process of recording, classifying and summarizing all business transactions in order to know th

Q. When a cheque is returned by the bank showing some technical reason is known as?

Q. The cash – book meant for recording petty expenses is called –

Q. The sum of Liabilities and Capital is-

Q. The basic accounting postulates are denoted by –

Q. Prepaid expenses are shown in-