Accounts - Principles of Accounts Questions
Question 2406:
The process of entering transaction from one book to another is
- A Reading
- B Posting
- C Numbering
- D Listing
Question 2407:
Which of the following is a trading account item?
- A Discount allowed
- B Discount recieved
- C Carriage outwards
- D Carriage inwards
Question 2408:
The addition of prime cost and factory overhead is
- A Total factory overheads
- B Market value of goods produced
- C Cost of goods produced
- D Work-in-progress
Question 2409:
Capital receipt is collected
- A On sales of motor vehicle
- B On sales of stock in trade
- C From trade debtors
- D From trading activities
Question 2410:
Which of the following is an example of factory overheads?
- A Salary of marketing officer
- B Salary of production officer
- C Salary of accounting officer
- D Wages of machine operator