Accounts - Principles of Accounts Questions
Question 2001:
The purchase of a typewriter for office use was debited to purchases Account. This is an error of
- A Original entry
- B Commission
- C Principle
- D Omission
Question 2002:
Which of the following has multiple uses?
- A Sales jounal
- B Purchases journal
- C General jounal
- D Returns outwards journal
Question 2003:
The art of recording transactions in books of account is known as
- A Debiting
- B Book-keeping
- C Auditing
- D Crediting
Question 2004:
The sales day Book is used to record
- A Cash and credit sales
- B Credit sales
- C Cash sales
- D Sales to middleman
Question 2005:
The sales day Book is used to record
- A Cash and credit sales
- B Credit sales
- C Cash sales
- D Sales to middleman