Accounting - Study Mode
[#491] Which of the following will not be disclosed by trial balance?
Correct Answer
(D) Compensating error
[#492] How many columns are there in ledger?
Correct Answer
(C) 8
[#493] Ideal current ratio is:
Correct Answer
(B) 2 : 1
[#494] The margin of safety can be increased by-
Correct Answer
(D) all the above ways
[#495] In the double entry system of book keeping a transaction affects:
Correct Answer
(B) two accounts at the same time