cma foundation-fundamentals of financial accounting

The total of purchases day book is posted periodically to the debit of-

In the Sales Book ____ of goods are recorded.

Cash sales are recorded in-

Credit sale of various assets or investments will be recorded in-

____ records the details of goods returned by the business organization to the suppliers.

When the goods are returned to the supplier, a ___ is sent to him.

The total amount column of the sales return book is-

The total amount column of the purchases return book is-

Goods Outward Journal is meant for recording all returns of goods-

The details of goods returned by the customers to the business organization are recorded in ___book.

___ is used to record the details of bills receivable by the business organization.

The total of the amount of the bills receivable book is posted to the ____ in the ledger.

The total of the amount of the bills Payable book is posted to the ____ in the ledger.

When fixed assets or stationeries are purchased on credit, the entries are passed in the

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

When obsolete assets are sold on credit, these are originally recorded in the-

___ is the book in which all transactions concerning cash receipts and cash payments are recorded.

Cash book is in the form of-

Balance of cash column in cash book has-

Which of the following is/are features of cash book?

Which of the following is/are features of cash book?

Which of the following is type of cash book?

Which of the following is the kind of a cash book?

Which of the following is not a column of a three-column cash book?

Rent due for the month of March will appear-