Select the perfect words ii)
iii)
iv)
v)
vi)
vii)
viii)
ix)
x)
most appropriate alternative from the alternatives given and rewrite the statement.
column of the journal is not entered at the time of Journalising.
a) Date
b) Particulars
c) Ledger Folio
Recording oftransaction the journal is called
d) Amount
a) Posting
b) Casting
c) Tallying
d) Journalising
Goods or Amount taken by proprietor for his personal use should be debited to
a) Sales A/c b) Drawings A/c
c) Purchases A/c
Cash purchases of goods should be credited to
a) Purchase A/c b) SalesA/c
d) CashAtc
c) CashAfc
d) Goods
Wages paid for installation of machinery should be debited to
a) Wages
b) MachineryAJc c) CashA/c
d) Installation A/c
The rent paid to the land lord should be debited to
a) Drawing A/c b) Cash A/c
c) LandlordAicd) Rent A/c
Paid salary to Mandar should be debited to
a) Salary Ajc
b) Mandar's A/c
c) Cash A/c
d) Bank Ajc
The amount brought in by the proprietor in the business should be credited to
d) Capital Ak
c) Cash A/c
b) Mandar'sAic
a) Salary A/c
A payment of Rs. 100 to Kokate Carriage Co. for bringing a machine to the business place shc
debited to
d) Carriage AJC
c) KokatecamageCo.A/c
a) Machine A/c b) Cash A/c
A purchase of horse in cash should be debited to
d) Bank A/c
c) Cash A/c
ai Livestock A/c b) Goods A/c
