Welcome to your Accounting Quiz 2
Find the correct statement
Purchase mobile phone for proprietor's son will
Find the correct statement
Payment of salary to Mahesh the manager will
Goods drawn by the proprietor from the business for personal use..
Credit voucher is prepared for
Recovery of bad debts previously written off
Recording of transaction in the
Voucher is prepared from:
Point out the correct equation
The rule of debit and credit as regards.......... should be debit the debtor and credit the creditor
Debit Voucher is prepared for
A purchase of Machine for cash should be debited to
How many sides does an account have?
Cash withdrawal by the proprietor should be credited to
Transfer Voucher is prepared for
Mohan spent Rs 20000 as repair on Purchase of Machine from Scarp dealer .The transaction will be