Old furniture sold should be credited to __________
A) Sales account
B) Furniture account
C) Cash accoun
Correct Answer:
Verified
Q80: A petty cash book is usually kept
Q81: If both the aspects of a same
Q82: Journal is a book of _entry
A)Original
B)Secondary
C)None of
Q83: Ledger is a book of _entry
A)Original
B)Secondary
C)None of
Q84: Capital account is _ account
A)Personal
B)Real
C)Nomina
Q86: When salary paid by cheque ,_account is
Q87: A statement of debt & credit balance
Q88: A collection of all accounts is a
Q89: Debit is the asset means
A)Increase
B)Decrease
C)No charg
Q90: Credit in the liability means
A)Increase
B)Decrease
C)No charg
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents