Accounts - Principles of Accounts Questions
Question 2307:
Which of the following is not an external user of accounting information?
- A Management
- B Creditors
- C Shareholders
- D Government
Question 2308:
Which of the following is not an external user of accounting information?
- A Management
- B Creditors
- C Shareholders
- D Government
Question 2309:
A trial balance is prepared to
- A Detect fraud
- B Ascertain losses in a trading period
- C Determine opening capital
- D Test arithmetical accuracy of ledger entries
Question 2310:
Which of the following is the reason why a seller allows a customer cash discount?
- A Agreement to become a regular customer
- B Introducing a new customer to the seller
- C Settlement of account within a stated period
- D Placing a larger order