Accounts - Principles of Accounts Questions
Question 2536:
A manufacturing account is drawn up by
- A Firms providing personal services
- B Firms engaged solely in buying and selling of goods
- C Firms which makes and sell articles
- D Non-trading organization
Question 2537:
Which of the following is not a factory overhead cost?
- A Manufacturing wages
- B Factory rent
- C Depreciation of machinery
- D Salary of factory guard
Question 2538:
A collection of fields relating to one logically definable unit of business information is known as
- A Database
- B Character
- C Byte
- D Record
Question 2539:
Which of the following describes a trial balance?
- A It is a special account
- B It is a list of balances in the books
- C It reveals the financial position of a business
- D It shows all the entries in the books of a business
Question 2540:
Which of the following describes a trial balance?
- A It is a special account
- B It is a list of balances in the books
- C It reveals the financial position of a business
- D It shows all the entries in the books of a business