(A) Subsidiary books
(B) Journal
(C) Ledger
(D) Trial Balance
Tag: Financial Accounting Mcq
Posting is the process of __.
(A) Posting the letters in drop box
(B) Posting suitable person to a suitable job
(C) Entering in the ledger the information contained in the ledger
(D) All the three
Goodwill A/c is a/an __.
(A) Nominal A/c
(B) Tangible Asset
(C) Intangible Asset
(D) Fictitious Asset
Which of the following is a Nominal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Debtors A/c
Which of the following is a representative Personal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Bad debts A/c
Which of the following is a Personal A/c?
(A) Outstanding Salary A/c
(B) Rent A/c
(C) SBI A/c
(D) Bad debts A/c
Which of these is a Part of cash in hand?
(A) Postage stamps
(B) B/R
(C) Cheque Deposited with Bank
(D) B/R endorsed
Petty cash balance is a/an __.
(A) Assets
(B) Expenditure
(C) Liability
(D) None