Transferring the debit and credit item from the journal to the respective accounts is called:
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Commerce · all questionsMiscellaneous in Commerce
Miscellaneous in Commerce
practice.
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The machinery of a computer and associated equipments is called-
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Fixed assets and current assets are categorized as per concept of:
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Creating Provision against fluctuation in the price of investment is an example of which accounting convention:
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Material concept tell about:
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Which one of the following is not an example of Intangible Assets?
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The concept of separate entity is applicable to which of following types of businesses?
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A company's telephone bill consisting of a Rs. 200 monthly base amount, plus long distance charges, would be classified as a:
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Rent paid to landlord should be credited to:
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A franking machine is used for:
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Match List-I with List-II:
| List I | List II |
| a. Interbank call market | 1. Money Market |
| b. Commercial Bills | 2. Promissory note |
| c. Commercial papers | 3. Short-term maturity |
| d. Treasury bills | 4. Government papers |
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Which of the following account balance will be shown on debit side of Trial Balance?
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Accounting does not record non-financial transactions because of:
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. . . . . . . . cost refers to those cost which have already been incurred and cannot be altered by any decision in the future.
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Identify which is wrong rule?
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The following comments all relate to the recording process. Which of these statements is correct?
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Depreciation is a charge against:
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According to the money measurement concept, the following will be recorded in the books of accounts of the business:
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Retained earnings statement depicts:
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Which financial statement represents the accounting equation
ASSETS = LIABILITIES + OWNER'S EQUITY?
ASSETS = LIABILITIES + OWNER'S EQUITY?
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