Accounting Mcqs


Q.  Purchase journal is kept to record_____________?

a. All purchases of goods
b. All credit purchases of goods
c. All credit purchases
d. None of these


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  In a three column cash book_______________does not exist?
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MCQs:  Which of these transactions will not be recorded in cash book?
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MCQs:  The closing balance of a petty cash book is a / an___________?
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MCQs:  Which column of a cash book will not have credit balance___________?
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MCQs:  Petty cash balance is a/an___________?
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MCQs:  Which of these is a Part of cash in hand?
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MCQs:  Which of the following is a Real A/c?
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MCQs:  Which of the following is a representative Personal A/c?
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MCQs:  Which of the following is a Nominal A/c ?
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MCQs:  Goodwill A/c is a/an__________?
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MCQs:  Posting is the process of____________?
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MCQs:  A book wherein various accounts are opened is called____________?
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MCQs:  Which of these is not a special purpose journal?
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MCQs:  The periodic total of sales day book is posted to___________?
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MCQs:  The periodic total of purchase day book is posted to____________?
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MCQs:  Capital expenses are shown in___________?
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MCQs:  Revenue receipts are shown in___________?
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MCQs:  Revenue is generally recognized as being earned at that point of time when?
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MCQs:  Which of the following is a revenue expenses?
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MCQs:  Which of the following is a capital expenditure?
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