Test: Preparation Of Journal Ledger Account - MCQ - 2


20 Questions MCQ Test Accountancy Class 11 | Test: Preparation Of Journal Ledger Account - MCQ - 2


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This mock test of Test: Preparation Of Journal Ledger Account - MCQ - 2 for Commerce helps you for every Commerce entrance exam. This contains 20 Multiple Choice Questions for Commerce Test: Preparation Of Journal Ledger Account - MCQ - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Preparation Of Journal Ledger Account - MCQ - 2 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Preparation Of Journal Ledger Account - MCQ - 2 exercise for a better result in the exam. You can find other Test: Preparation Of Journal Ledger Account - MCQ - 2 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

Debit means

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QUESTION: 2

Assets sold on credit are entered in _______

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QUESTION: 3

Cash book does not record the _______transactions.

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QUESTION: 4

Which of following is not an advantage of a subsidiary book?

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QUESTION: 5

The amount paid to the petty cashier at the beginning of a period is known as _____ amount.

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QUESTION: 6

If both cash and bank columns are affected by any transactions it is called a

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QUESTION: 7

Which of the following transaction will not be recorded in the purchase book

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QUESTION: 8

Following items should be subtracted which decrease the pass book balance and increase the cash book balance except

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QUESTION: 9

_____ Note contains the name of suppliers to whom goods are being ___

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QUESTION: 10

_______ is drawn by the seller of goods to the buyer and is returned by the buyer after accepting it

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QUESTION: 11

Which of the following transactions is not recorded in the Journal Proper

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QUESTION: 12

Which of the following is also known as Principle Book of Accounts

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QUESTION: 13

When Double column cash book is maintained

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QUESTION: 14

Real account (which include cash and all other assets) will usually show

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QUESTION: 15

Nominal accounts are transferred to ___________ of the firm

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QUESTION: 16

Debit balance of any account mean an ______ whereas Credit Balance means a ______

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QUESTION: 17

When posting of all transactions into ledger is completed and accounts are balanced off then the balance of each account is put on a list called

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QUESTION: 18

Account is not entered in trial balance which shows

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QUESTION: 19

If there is excess debit in the trial balance the difference is posted to the

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QUESTION: 20

Debit side of Suspense account is shown on the

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