In accounting an Economic event is referred to as:?
A. Cash
B. Bank statement
C. Transaction
D. Exchange of money
B. Bank statement
C. Transaction
D. Exchange of money
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- Total depreciation of an asset cannot exceed its:?
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- Assets-Liabilities=____________??
- The process of recording is done??
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- Payment of expenses will ______ the assets?
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- The normal balance of capital account is__________...
- If debit balance is greater than creadit balance t...
- Which of the following is known as the base for pr...
- _________ will be credited if goods are given as c...
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- Identify the nominal account?
- Identify the nominal account?
- Double entry implies that?
- _______ the withdrawal of cash and goods by the ow...
- Net loss occurs when______________??
- Identify the asset from the following:?
- What is equity??
- Which of the following is a liability??
- What is the basic accounting equation??
- Which is the most important characteristic that al...
- Which of the following can be considered as the mo...
- The gross decrease in economic benefits for the bu...
- Liability are arisen from which of the following e...
- ________ is the gross inflow of economic benefits??
- Liabilities are which of the following??
- Keeping the log of financial information in books ...
- ________ is a separate legal entity that Total cap...
- For which step of accounting process the accountan...
- Bookkeeping mainly concerns with which part of acc...
- Financial accounting provides financial informatio...
- Identify the correct sequence of accounting process?
- In accounting an Economic event is referred to as:?
- Credit memo or credit note No. is entered in which...
- Specialized journals are more adequate for which T...
- BUSINESS paid rent amounting to $100″ which of the...
- Which of the following is known as an evidence tha...
- Debit note is the basis for recording a transactio...
- Credit note is the basis for recording a transacti...
- Credit purchase of plant and machinery is recorded...
- A brief explanation recorded below every entry in ...
- Cash purchases is recorded in which of the followi...
- Which of the following is a type of cash receipt j...
- Cash received from debtor is recorded in which of ...
- Which of the following specialized journals record...
- Sales and purchase journal don’t record__________??
- Which of the following specialised journals will r...
- Which of the following account with normal balance...
- Transactions that a BUSINESS doesn’t record in any...
- Another name of journal is_____________??
- A sale of Rs. 50.000 to A was entered as a sale to...
- If debit balances = credit balances, trial balance...
- Trial balance is commonly prepared??
- Debit balance = Credit balance in a trial balance ...
- Which of the following is true about a trial balan...
- If a transaction is completely omitted from the bo...
- ________ is the common base for preparing a trial ...
- Trial balance is prepared to check accuracy of____...
- Institute of Chartered Accountants of Pakistan was...
- Goods sent on approval basis’ have been recorded a...
- The systems of accounting are _____________??
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