Accounting Mcqs


Q.  X draws a Bill of Exchange on Y for 10,000 on 1-1-2013 for 3 months. The due date of the bill will be_________?

a. 4-4-2013
b. 3-4-2013
c. 1-4-2013
d. 31-3-2013


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  $5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.
Category: MBA Questions,   Published by: teswesm
MCQs:  An entry which is made on both sides of a cash book is called__________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Cash book records:______________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Cash book is prepared by____________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Discount received is recorded on which of the following side of a cash book?
Category: MBA Questions,   Published by: teswesm
MCQs:  The closing balance of petty cash book is considered as_________?
Category: MBA Questions,   Published by: teswesm
MCQs:  A credit balance in cash book indicates?
Category: MBA Questions,   Published by: teswesm
MCQs:  Petty cash fund is supposed to be replenished?
Category: MBA Questions,   Published by: teswesm
MCQs:  Postdated checks are considered as__________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is generally not the party to a check?
Category: MBA Questions,   Published by: teswesm
MCQs:  Cash book with cash and discount column is mostly referred as________?
Category: MBA Questions,   Published by: teswesm
MCQs:  A simple or one column cash book usually has which of the following main columns?
Category: MBA Questions,   Published by: teswesm
MCQs:  Purchase of office equipment for cash will be recorded on which of the following sides of a cash book?
Category: MBA Questions,   Published by: teswesm
MCQs:  Postage stamps on hand are considered as_________?
Category: MBA Questions,   Published by: teswesm
MCQs:  A cash book that is used to record the small payments of cash is generally referred as_________?
Category: MBA Questions,   Published by: teswesm
MCQs:  Drawings by owner of business are generally recorded on which of the following side of a cash book?
Category: MBA Questions,   Published by: teswesm
MCQs:  Payment of rent expenses is recorded on which side of cash book?
Category: MBA Questions,   Published by: teswesm
MCQs:  Cash discount is allowed on _______ repayment of debt.
Category: MBA Questions,   Published by: teswesm
MCQs:  Introduction capital by owner of business is recorded on which side of a cash book?
Category: MBA Questions,   Published by: teswesm
MCQs:  A cash book with cash, bank and discount column is commonly referred as________?
Category: MBA Questions,   Published by: teswesm