Basic Accounting Test 2

Mr. A commenced business with cash. The journal entry is:


Salary of Proprietor for the month $2000.


The debit balance of cash account shows-


Journal entry for purchase of furniture for personal use will be-


Which of the following books is used to record purchase of furniture by cash?


Which of the following is not true.


Entry for payment made to Ayaan and discount received from him will be-









Description:

After Basic Accounting Test 1,this test is created to make you judge your basic concept clarity. It includes testing your concepts of Debit and Credit,journal entries and identification of correct accounts to which amount shall be debited or credited. If you find your scores not so good or want to enhance knowledge ,click the link http://www.wiziq.com/course/9441-basic-accounting-for-beginners

Discussion

Venkatesh

thank u sir,

2487 days 8 hours 49 minutes ago

Nainaa Tak
Chartered Accountant,Company Secretary
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