Accounts - Principles of Accounts Questions
Question 2666:
Which of the following does not appear in a bank statement?
- A Dividend received received on behalf of customers
- B Bank charges
- C Insurance premium paid on behalf of customers
- D Dishonoured chques
- E Uncredied charges
View Answer & ExplanationQuestion 2667:
Impersonal Accounts contain
- A Real and cash accounts
- B Capital and nominal accounts
- C Real and normal accounts
- D Investment and real accounts
- E Interest received and real account
View Answer & ExplanationQuestion 2668:
Which of the following is a charge against profit?
- A Ordinary dividend
- B General reserve
- C Preference dividend
- D Debenture interest
- E Revenue reserve
View Answer & ExplanationQuestion 2669:
The cash realized from the sale of asset on dissolution of partnership is
- A Debited to cash account and credit to asset account
- B Credited to cash account and debited to asset account
- C Debited to cash account and credited realisation account and credited to realisation account
- D Credited to cash account and debited to realisation account
- E Debited to realisation account abnd credited to asset account
View Answer & ExplanationQuestion 2670:
Which of the following does not belong to the group?
- A Furniture and fittings
- B Plant and machinery
- C Building
- D Debtors
- E General reserve
View Answer & Explanation