01-May-2022 | Priya started the Departmental Store by investing ₹ 10,00,000 cash.
Fundamentals of Accounting
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Fundamentals of Accounting
Quiz
•
Professional Development
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Professional Development
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Easy
SANDEEP KUMAR
Used 9+ times
FREE Resource
28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Outflow
Inflow
None
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Priya deposited ₹ 10,00,000 cash in HDFC Bank
Inflow
Outflow
None
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Loan taken from ICICI Bank ₹ 2,50,000 and interest paid ₹ 2,500 per month
Inflow
Outflow
None
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Bought Shopping Carts worth ₹ 20,000/-
Inflow
Outflow
None
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Took a store space on Rent which is ₹ 30,000/- per month and paid a deposit of ₹ 1,00,000 to the landlord.
Inflow
Outflow
None
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Bought a refrigerator to store goods worth ₹ 25,000/-
Inflow
Outflow
None
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
01-May-2022 | Bought Car for business purpose worth ₹ 2,00,000/-
Inflow
Outflow
None
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