CA/CS Foundation MCQ Question Accounting And Introduction VI

Test Preparation on CA/CS Foundation MCQ Questions Accounting And Introduction VI

1.

The receiver is called debtor and the giver is called creditor this in which rule of accounts

1Real accounts
2Personal accounts
3Trading accounts
4Income and expenditure accounts

2.

Which of the following way a compound journal entry is passed

1One particular account may be credited while several other accounts may be debited
2One particular account may be debited while several other accounts may be credited
3Several accounts may be debited and several other accounts may also be credited
4Any of the above

3.

Petty cash book started Rs. 800 entry will be:

1Petty cash Dr. To bank
2Petty cash Dr. To cash
3Cash a/c Dr. To petty cash
4None of these

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