Accounts - Principles of Accounts Questions
Question 2061:
Which of the following is not contained in a journal? To record
- A Small and repetive cash disbursemens
- B Purchase and sale of fixed assets on credit
- C Writing off bad debts
- D Debtors and creditors
Question 2062:
A trial balance is a list of
- A Current assets
- B Current liabilities
- C Debit and credit balances
- D Debtors and creditors
Question 2063:
Which of the following is found in the private ledger?
- A Rent account
- B Sales account
- C Drawings account
- D Bank account
Question 2064:
Which of the following is not one of the uses of a journal proper? To record
- A Small and repetive cash disbursements
- B Purchases day book
- C Writing off bad debts
- D Debtors and creditors
Question 2065:
Which of the following is an example of direct expense?
- A Royalties
- B Carriage inwards
- C Carriage outwards
- D Manufacturing wages