Double entry implies that?

Accounting Mcqs
BILAL KHATTAK0

A. Recording entries in journal
B. Recording entries in Ledger account 
C. Recording two aspects of every transaction  
D. Recording every transaction in books

Related Mcqs:

  1. Debit balance = Credit balance in a trial balance indicates that:?
  2. Which of the following errors affects the agreement of a Trial Balance??
  3. A book wherein various accounts are opened is called____________??
  4. Journals are also referred as_____________??
  5. Which of the following is true regarding closing entries??
  6. A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.?
  7. Cash purchases is recorded in which of the following specialized journals??
  8. A journal entry in which two or more account is debited or credited is referred as____________??
  9. Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals??
  10. Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books??

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