account 2nd CA

account 2nd CA

2nd Grade

11 Qs

quiz-placeholder

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account 2nd CA

account 2nd CA

Assessment

Quiz

Business

2nd Grade

Hard

Created by

RODIAT AMBALI

Used 1+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The trading account does not include:

Carriage inward

Direct expenses

Indirect expense

Closing stock

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does not appear in a Trading Account?

Sales

Gross profit

Rent expenses

Opening stock

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The opening stock of a business is recorded on the:

Debit side of the Trading Account

Credit side of the Trading Account

Liabilities side of the Balance Sheet

Assets side of the Balance Sheet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-- can be used to identify the journal entries.

Account details

Single colum

Pin code

Folio number

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A specific amount given to petty cashier is called --

A petty cash

Fixed cash

Float

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Petty cash book must be included in the --

Cash book

Folio

Trading account

Trial balance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The major thing that makes double column cash book different from three column is the inclusion of --

Bank

Bank and cash

Discount

Discount and cash

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