Accounts - Principles of Accounts Past Questions and Answers

Which of the following is a journal as well as an account?

Use the following information to answer the given question<br/>\(\begin{array}{c|c} & D\\ \hline \text{Balance as peer cash book} & 8,400\\ \text{Banking charges} & 300 \\ \text{standing order paid} & 2,500 \\ \text{Unpresented cheques} & 2,800 \end{array}\)<br/>The adjustment cash book balance is

Use the following information to answer the given question<br/>\(\begin{array}{c|c} & D\\ \hline \text{Balance as peer cash book} & 8,400\\ \text{Banking charges} & 300 \\ \text{standing order paid} & 2,500 \\ \text{Unpresented cheques} & 2,800 \end{array}\)<br/>The balance as per bank statement is

Which of the following is not a purpose for preparing departmental accounts? To

Use the following information to answer the given question<br/>\(\begin{array}{c|c} & D\\ \hline \text{Rent accrued 1st January, 2005} & 600\\ \text{Rent paid in 2005} & 11,300\\ \text{Rent prepaid 31st December, 2005} & 500\end{array}\)<br/>Rent expenses for the year 2005 is