A. Narration
B. Explanation
C. Summary
D. Other information
Related Mcqs:
- Under which of the following situations, is journal entry not passed in the books of the drawer??
- A journal entry in which two or more account is debited or credited is referred as____________??
- Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books??
- Transferring entries from journal to ledger account is commonly known as____________??
- General journal is a book of _______ entries??
- Which of the following is a type of cash receipt journal cash payment journal??
- Which of the following points have been put forward by the scientists for criticism of Darwin’s theory:
- The drawer of a trade bill passes relevant entries with regard to the transaction involved in it. But, in case of an accommodation bill, he passes an entry in addition to the usual entries. The additional entry so passed is with respect to?
- The accountant of Leo Ltd. recorded a payment by cheque to a creditor for supply of materials as 1,340.56. The bank recorded the cheque at its correct amount of 3,140.56. The Company has not passed any rectification entries and the error is not detected through the bank reconciliation. The impact of this error is?
- __________represents raw facts, where-as__________is data made meaningful??
