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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 3251. |
What is journel |
| Answer» Journal is a primary book | |
| 3252. |
What type of computera. Nominal assets b. Current assetsc. Real assets |
| Answer» Ç. Current assets | |
| 3253. |
Loan advanced is dr. Or cr. In trail balance |
| Answer» Dr | |
| 3254. |
Set 2 questions 8 solutions |
| Answer» | |
| 3255. |
Explain any four objectives of accounting? |
| Answer» | |
| 3256. |
Billing |
| Answer» | |
| 3257. |
Why are rules of debit and credit same for liability and capital? |
|
Answer» Business entity concept treats business and business owner separately. Capital of the owner is treated as liability to the business because the business has to repay the amount of capital to the owner in Case of closure of the business ......... Thus the rules of debit and credit are same for both liability and capital Because according to business entity concept business is distinct and separate from its owner.Therefore capital invested by owner is liability for business. |
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| 3258. |
Deprecation accounting |
| Answer» | |
| 3259. |
What do u mean by subscription in income and revenue account |
| Answer» | |
| 3260. |
Project work of accountancy -11 |
| Answer» | |
| 3261. |
Business transaction means |
| Answer» | |
| 3262. |
A bill of 5000 was retired by bank under a rebate of Rs120 |
| Answer» Bank Dr. 4880Rebate A/c Dr. 120 To debtor. 5000 | |
| 3263. |
Trading commission will go in which financial account ??? |
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Answer» trading a/c Trading A/c |
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| 3264. |
Can i get the solutions for last year accounts paper 2016 set 1 |
| Answer» | |
| 3265. |
What is noting charges |
| Answer» | |
| 3266. |
what is provision for bad debt |
| Answer» | |
| 3267. |
Which account is not considered will preparing the trial balance |
| Answer» | |
| 3268. |
Adjustment |
| Answer» | |
| 3269. |
Objective of ifrs |
| Answer» | |
| 3270. |
Objective of ideas |
| Answer» | |
| 3271. |
Give me sample papers of kvs of accountancy for final exams |
| Answer» So easy paper dont worry | |
| 3272. |
Sale of old chair and table for rupees 700 was treated as sale of goods |
| Answer» Sales A/c Dr. To furniture A/c | |
| 3273. |
How to make final statment with adjustments |
| Answer» | |
| 3274. |
Means of carrige on purchase |
| Answer» | |
| 3275. |
Which account good will belong to |
| Answer» | |
| 3276. |
In chapter rectification of errors when we have to add the amount |
| Answer» | |
| 3277. |
What is incomplete record ? |
| Answer» | |
| 3278. |
What is the Entry of LOSS BY FIRE in jonral entry ? |
| Answer» I thinkLoss by fire A/C Dr.To machinery, purchase A/C | |
| 3279. |
Please give a specimen of question from chapter tally(computers) |
| Answer» | |
| 3280. |
Which are the accounts which are not considered while making trial balance |
| Answer» | |
| 3281. |
Bill discounted of ₹2000... Posted in cash book |
| Answer» | |
| 3282. |
What is the treatment of fictitious assets |
| Answer» | |
| 3283. |
What is craditor |
|
Answer» The person from whom we have bought goods on credit Whom money owed by business |
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| 3284. |
How to solve numericals easily |
| Answer» | |
| 3285. |
State the similarities between a receipt and payment account and an income and expenditure account? |
| Answer» | |
| 3286. |
Is trail balance is an account or statement? |
| Answer» Trial balance is a statement.... | |
| 3287. |
What is effect of any additional or extension to the existing asset |
| Answer» | |
| 3288. |
What is specific reserve |
| Answer» | |
| 3289. |
10 transaction of brs |
| Answer» | |
| 3290. |
Why bank account falls under the category of personal account rather than real account? |
| Answer» | |
| 3291. |
Ncrt Accountancy incomplete records 22 solution |
| Answer» | |
| 3292. |
Asset are Dr. Or cr. |
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Answer» Assets are always debit Assets are debit Asset are always cr. |
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| 3293. |
What is meant by BRS |
| Answer» Bank reconciliation statement is a statement prepared by the account holder on a particular date to reconcile the bank balance as per cash book with the balance as per pass book | |
| 3294. |
outgoing cheque recorded in cash column |
| Answer» | |
| 3295. |
What is journal entry Purchased animal |
|
Answer» Livestock A/C. Dr. To Cash A/C Animal Dr. To cash a/c |
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| 3296. |
In accounting equation what will be the effect of paid interest on capital |
| Answer» The amount subtracted from cash and added to the capital | |
| 3297. |
What is accountaincy |
| Answer» | |
| 3298. |
what is depriciation |
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Answer» Deduction in the value of fixed assets is known as depreciation Deduction in value of fixed assets |
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| 3299. |
Case book |
| Answer» | |
| 3300. |
Enumerate main objectives of accounting |
| Answer» To state financial position of organisation or business enterprise | |