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Accounts - Principles of Accounts Past Questions and Answers

Accounts - Principles of Accounts Questions

Question 2056:
Which of the following is not a unit of the computer?
  • A Console
  • B Output
  • C Control
  • D Input
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Question 2057:
The transfer of goods between departments is recorded be debiting
  • A The receiveing department and crediting the giving department
  • B The giving department and crediting the receiving department
  • C Stock account and crediting trading account
  • D Trading account and crediting purchases account
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Question 2058:
The systematic recording of business transactions is
  • A Auditing
  • B Book-keeping
  • C Debiting
  • D Crediting
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Question 2059:
The systematic recording of business transactions is
  • A Auditing
  • B Book-keeping
  • C Debiting
  • D Crediting
View Answer & Explanation
Question 2060:
An allowance given to a customer by a supplier for prompt payment is
  • A Trade discount
  • B Discount received
  • C Cash discount
  • D Cash rebate
View Answer & Explanation