MCQs: What is equity?
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MCQs: Identify the asset from the following:
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MCQs: _______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use?
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MCQs: Net loss occurs when______________?
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MCQs: Double entry implies that
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MCQs: Identify the nominal account
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MCQs: Which of the following accounts can be classified as a real account?
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MCQs: Transferring entries from journal to ledger account is commonly known as____________?
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MCQs: An account records the ___________ in the balance of an item?
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MCQs: If credit side of a bank account is greater than the debit side, it indicates which of the following?
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MCQs: If debit side of a bank account is greater than credit side it indicates which of the following?
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MCQs: _________ will be credited if goods are given as charity?
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MCQs: Which of the following is known as the base for preparing trial balance?
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MCQs: If debit balance is greater than creadit balance then the account blance will be__________?
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MCQs: The normal balance of capital account is_____________?
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MCQs: The normal balance of asset account is____________?
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MCQs: The normal balance of liability account is____________?
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MCQs: Which of the following statements is incorrect regarding capital account?
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MCQs: Which of the following is the normal balance of a rent expense account?
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MCQs: Revenue and expense accounts are referred as______________?
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