Accounts - Principles of Accounts Questions
Question 1811:
A subsidiary record is a book
- A Of ordinary entry
- B Containing the ledgers
- C Found in the journal
- D Containing the balance sheet
Question 1812:
In which ledger is the control account prepared?
- A Nominal ledger
- B General ledger
- C Sales ledger
- D Purchases account
Question 1813:
Suppliers personal accounts are found in the
- A Purchases ledger
- B Sales account
- C Purchases account
- D Sales ledger
Question 1814:
Commission of N5,000 to a sales representative is debited to salaries account. This is an error of
- A Reversal of entries
- B Principle
- C Commission
- D Compensation
Question 1815:
Purchase of goods of N2,000 was treated as sales and entered in the sales day book and had been carried through the account as such. This error of
- A Principle
- B Omission
- C Reversal of entries
- D Original entries