MCQs: Which of the following is the practical implementation of the accounting equation?
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MCQs: Which of the following accounting equation is correct?
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MCQs: Fresh capital introduction will increase____________?
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MCQs: Cash received for services rendered will______________?
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MCQs: Which of following best describes the increase in equity expands___________?
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MCQs: If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000
What is the Amount of total assets?
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MCQs: Depreciation decreases____________?
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MCQs: An increase in provision for bad debt will____________?
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MCQs: Current assets – Current liabilities=?
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MCQs: Assets-Liabilities=____________?
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MCQs: The process of recording is done?
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MCQs: General journal is a book of _______ entries?
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MCQs: The process of recording transactions in different journals is called_________?
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MCQs: Every business transaction affects at least ________ accounts?
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MCQs: Discount allowed is a kind of deduction from_____________?
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MCQs: The other name of journal is____________?
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MCQs: A journal entry in which two or more account is debited or credited is referred as____________?
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MCQs: he term 2/10-n/30 implies that ______ % discount will be given if the payment is made within days or full amount is receivable within 30 days?
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MCQs: Goods returned by customer should be debited to which of the following accounts?
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MCQs: Discount allowed is___________?
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