Questions in Accountancy


how is profit prior to incorporation treated as

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How Is Profit Prior To Incorporation Treated As
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how many digits are there in ifsc code

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WHAT IS IFSC CODE AND HOW MANY DIGITS ARE IN IFSC CODE AND WHAT THEY STAND FOR
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journalise the following transactions post to the ledger

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Journalise the following transactions, post to the ledger ledger any 5) 2014 Nov. 01 Business started with (i) Cash 1,50,000 (ii) Goods 50,000Nov. 03 Purchased goods from Harish 30,000 …
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what is the first step of accounting process

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Which one of the following is the first step of accounting process ?a) communicating to the Intrested parties.b) Measurement of transactionsc) Identification and recording of financial transactions …
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the first book of original entry is the

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0.5 Fill in the blanks. 1) The first book of original entry is the .........2)The process of recording transaction into journal is called ....3) An explanation of the …
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an attractive idea must be developed into a

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An eye-catching idea must be developed into a_ A. Product idea B. Product concept C. Product strategy
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surplus capital method is also known as method

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Surplus capital method is also called as
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depreciation on branch assets under debtors system is

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. Under branch accounts debtors system, the depreciation of an asset is _______.. . 1.show in debtors account. 2.shown in debit side of branch account. 3.not shown in branch account …
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the term management accounting was first used in

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The term management accounting was first coined in _____. (a) 1960 (b) 1950 (c) 1945 (d) 19552. Management accounting is ______ (a) Subjective (b) Objective (c) Productive (d) Communicative …
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additional cash introduced in business is recorded in

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What is the journal entry of further cash introduced by proprietor in to the business
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compound interest for a certain amount at 13

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compound interest for a certain amount at 13% pa for 2 years exceeds the interest on the same. amount at 12% pa for 2 years by Rs. 225. The principal …
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geet and meet are partners in a firm

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Geet and meet at the partners in a firm they admit Jeet into partnership for equal share it it was agreed that Goodwill will be valued at three years purchase …
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difference between absolute and relative reference in excel

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Difference between relative and absolute referencing
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bank overdraft is an asset of the business

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Bank overdraft is an asset of the business? True or false with reasons
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which of the following is a capital expenditure

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Which of the following is capital expenditure? a)wages b) wages paid for building construction c) repair expenses of building d) advertisement expenses
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all of the following provide intranet security except

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All of the following provide intranet security except:- A. Data encryptionB.FirewallC.Data compressionD.User authentication​
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process of ascertainment of cost is known as

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The technique and process of ascertaining cost is known as
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in which order does the journal list transactions

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1. In which order does the Journal list transactions​
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prime cost plus variable overhead is known as

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Prime cost plus works overhead is known as
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we can t select cash in journal voucher

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We can't select cash in the journal voucher
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Most viewed questions in Accountancy


shares received from the new company are recorded at

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memorandum voucher does not affect books of accounts mcq

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difference between fixed installment method and diminishing balance method

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in foreign branch fixed assets shall be converted at

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compound interest for a certain amount at 13

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advantages and disadvantages of play way method of teaching

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money received from the sale of goods is a

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to frame the investment policy the investor should have

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surplus capital method is also known as method

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the partners of a firm alia bhanu and chand

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bank overdraft is an asset of the business

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what is the first step of accounting process

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difference between non profit concern and non trading concern

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the first book of original entry is the

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the term management accounting was first used in

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