Real and cash accounts
Capital and nominal accounts
Real and normal accounts
Investment and real accounts
Interest received and real account
Correct answer is C
No explanation has been provided for this answer.
Which of the following does not appear in a bank statement?
Dividend received on behalf of customers
Bank charges
Insurance premium paid on behalf of customers
Dishonoured cheques
Uncredited charges
Correct answer is E
No explanation has been provided for this answer.
Discount received is shown in the
Credit side of sales ledger balances
Debit side f bought ledger balances
Credit side of bought ledger balances
Debit side of sales ledger balances
Sales ledger balances as contra entry
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not charged to Manufacturing Account?
Raw materials
Factory's wages
Distribution expenses
Royalties
Correct answer is C
No explanation has been provided for this answer.
An increase in assets only
A reduction of assets only
A reduction in assets and liabilities
An increase in assets and liabilities
A reduction in the bank account
Correct answer is C
No explanation has been provided for this answer.