11. Which book is known as total of debit and creditÂ Â
12. Which one is list of all account balances
13. Recording of financial transactions is done in
14. WhichÂ is an account prepared to record all expenses at branch.
15. Which account is prepared wth a view to ascertain the gross profit of branch.
16. WhichÂ account is prepared to exercise control over the branch cash.
17. On which condition weÂ Â made adjustment for closing stock as well as opening stock in the purchaseaccount
18. Amount of cash or other assets withdrawn by owner for his personal purpose called
19. Interest on capital is credited to----------------------- A /C
20. Rent paid, salary paid which type of expenditure
MCQ Multiple Choice Questions and Answers on Financial Accounting
Financial Accounting Trivia Questions and Answers PDF
Financial Accounting Question and Answer
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