Conservatism
Consistency
Prudence
Materiality
Correct answer is B
No explanation has been provided for this answer.
Repairs to air conditioners was debited to office equipment account. This is an error of
Principle
Commission
Original entry
Compensation
Correct answer is A
No explanation has been provided for this answer.
Trading account
Profit and loss account
Appropriate account
Balance sheet
Correct answer is A
No explanation has been provided for this answer.
The entries to record goods bought for cash are: debit
Cash account; credit purchases account
Purchases account ; credit cash account
Purchases account; credit stock account
Purchases account; credit goods account
Correct answer is B
No explanation has been provided for this answer.
The entries to record goods bought for cash are: debit
Cash account; credit purchases account
Purchases account ; credit cash account
Purchases account; credit stock account
Purchases account; credit goods account
Correct answer is B
No explanation has been provided for this answer.