B. Bank column

C. Discount column

D. None

B. Three

C. One

D. Infinite

A. Debit side of Cash Book

C. Credit side of Balance Sheet

D. Debit side of Trial Balance

A. Purchase register

B. Credit purchase A/c

D. Cash purchase A/c

A. Cash

C. Bank statement

D. Exchange of money

B. Balance sheet

C. Specialized journals

D. General Journal

B. Increase

C. apportion

D. Overstate

A. Increase equity and liability

B. Increase fixed assets and cash

D. Increase cash and liability

A. Gross Profit will decrease by 3,500

B. Gross Profit will increase by 3,320

C. Net Profit will decrease by 3,140

B. Bad debts A/c

C. Rent A/c

D. SBI A/c

A. Credit balance

C. Neither debit nor credit balance

D. Cash balance

A. Increase in working capacity of an asset

B. Reduction in operating costs

C. Replacing damaged parts of an asset

A. none of these

B. Yes

D. Transactions cant be omitted

A. Building account

B. Fixed assets account

D. Capital account

B. Mistake in Pass Book

C. Cheques deposited but not cleared

D. Cheque issued but not presented for payment

A. Current asset

C. Tangible asset

D. Fictitious asset

A. Cash at bank

B. Bank balance

D. Current Asset

A. At the end of a month

C. At the end of a year

D. Frequently during the year

A. Error of commission

B. Error of omission

D. Error of duplication

A. Liabilities and equity and bank balance

C. Capital and liabilities

D. Assets and liabilities

A. Terms deposits with bank

B. None of these

C. Surplus cash

B. Errors of complete omission

C. Errors of principle

D. Errors of posting to wrong account

A. To rectify the mistakes in the Cash Book

C. To arrive at the Bank Balance

D. To arrive at the Cash Balance

B. The Trial Balance will not agree

C. The balance of creditors is understated

D. The purchases are understated

A. Discount column

C. Cash column

D. Bank column

A. Balance sheet

B. Cash account

C. Journal

A. Real asset

B. Quick asset

D. Fictitious assets

B. Gain

C. Uses

D. Sources

A. 1972

B. 1956

C. 1949

A. Drawing

C. Expenses

D. Revenues

A. Liability

B. Gain

C. Loss

A. Capital

B. Cash

D. Nominal

A. Cash balance

B. Credit balance

D. Debit and credit balance

B. Purchase return

C. Customer return

D. Inventory return

A. Accounting

B. Reading

C. Auditing

A. Increase net income

B. Decrease liabilities

C. Increase liabilities

A. All the three

C. Posting suitable person to a suitable job

D. Posting the letters in drop box

A. Italic system

B. Single entry system

D. American system

A. None of these

B. Trial balance

C. Auditors report

A. Circulating capital

B. Trading capital

D. Fixed capital

B. Gains

C. Capital expenditures

D. Depreciation

A. Accountancy

B. Book Keeping

D. Auditing

A. Cash account

C. Cash account and Gagans account

D. None of these

A. General journal

B. Cash journal

C. Purchase journal

A. Income or gain

B. Creditors

D. Obligations

A. Error of omission

B. Compensating error

D. Error of principle

A. Bank Statement

C. Bank Pass Book

D. Bank column of Cash Book

A. Balance overstatement

B. Bank overdraft

D. Bank understatement

A. Loss of 10,000 incurred in increasing the sitting accommodation of a hotel

C. 1000 paid for the execution of a new plant

D. Repair to machinery purchased, second hand.

A. Purchase return journal

C. Cash journal

D. Purchase journal