Accounting - Practice Test

(A) added to the balance as per cash book to arrive at the balance as per pass book

(B) deducted to the balance as per cash book to arrive at the balance as per pass book

(C) divided to the balance as per cash book to arrive at the balance as per pass book

(D) multiplied to the balance as per cash book to arrive at the balance as per pass book

(B) deducted to the balance as per cash book to arrive at the balance as per pass book

(A) preference shareholders a/c

(B) equity shareholders a/c

(C) creditors a/c

(D) None of these

(B) equity shareholders a/c

(A) Which are functioning in a particular industry

(B) Whose combined assets are worth more than 90% of total assets of the industry

(C) Who control major chunk of the market

(D) Whose combined profits are enormous

(A) Which are functioning in a particular industry

(A) preparing total creditors account

(B) preparing total debtors account

(C) ascertaining the balance in trading account other than closing stock

(D) ascertaining the balance in debtors account and cash book

(B) preparing total debtors account

(A) 2.5%

(B) 5%

(C) 7.5%

(D) 10%

(D) 10%

Accounting - Study Mode