61. The process of recording transactions in different journals is called
62. Every business transaction affects at least ____ accounts
63. Discount allowed is a kind of deduction from
64. The other name of Journal is
65. The Journal entry in which two or more account is debited or credited is referred to as
66. Goods returned by customer should be debited to which of the following accounts?
67. Discount allowed is
68. Which of the following will be debited if a business purchases goods on credit?
69. Which of the following accounts will be debited if the business's owner withdraws cash from business for personal use?
70. Journals are also referred to as
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 16
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25