Accounts - Principles of Accounts Questions
Question 2546:
Which of the following is not a real account?
- A Plant account
- B Salaries account
- C Creditors account
- D Trading account
Question 2547:
The accounting ledger for goods sold on credit are debit
- A Debtors account, credit sales account
- B Creditors account, credit sales account
- C Sales account, credit debtors account
- D Sales account, credit creditors account
Question 2548:
Which of the following is not a book of original entry?
- A Sales journal
- B Purchases account
- C Cash account
- D Return inwards journal
Question 2549:
What is a ledger entry for the sale of plant and machinery on credit to Wilson?
- A Credit sales account and debit cash account
- B Credit plant and machinery account and debit Wilson's account
- C Credit sales account and debit Wilson's Account
- D Credit plant and machinery account and debit cash account
Question 2550:
Discount received account is a
- A Real account
- B Personal account
- C Nominal account
- D Profit and loss account