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Showing posts with the label Quiz and puzzles Accountancy XI

Rules of Debit and Credit Quiz-1

Rules of Debit and Credit Quiz-1 Index => Rules of Debit and Credit Quiz-1 Quiz Show all questions <=   => Which of the following is not an Artificial Personal Account: ?   Joint-stock company ?   ISC Board Account ?   Government Account ?   Kapil’s Account “Goods Sold on Credit to Dinesh” Which two accounts are affected: ?   Sales Account, Cash Account ?   Cash Account, Dinesh’s Account ?   Sales Account, Dinesh’s Account ?   Purchase Account, Dinesh’s Account Capital Account is an example of: ?   Nominal Account ?   Real Account ?   Representative Personal Account ?   Personal Account Which of the following is not a Real Account: ?   Bank Account ?   Land and Building Account ?   Fixtures and Fitting Account ?   Goodwill Account Which of the following is not a Real Account: ?   Plant&Machinery ?   Bank Account ?   Trademark Account ?   Software Account Which of the followi

Accounting Equation Quiz-1

Accounting Equation Quiz-1 Index => Accounting Equation Quiz-1 Quiz Show all questions <=   => Purchase of Goods for cash is:- ?   Increase in cash and decrease in stock ?   Increase in stock and increase in cash ?   Decrease in stock and decrease in cash ?   Increase in stock and decrease in cash Goods destroyed by fire costing ₹1500 selling price ₹2000. ?   Increase in stock by ₹2000 and increase in cash by ₹2000 ?   Decrease in stock by ₹1500 and decrease in capital by ₹1500 ?   Increase in stock by ₹2000 and increase in stock by ₹2000 ?   Increase in stock by ₹1500 and decrease in creditor by ₹1500 Interest on capital provided is- ?   Increase in capital and increase in cash ?   Decrease in cash and decrease in capital ?   Increase in capital and decrease in assets ?   Increase in capital as well as decrease in capital Goods Given as charity (Sales price ₹500) of ₹450. ?   Inc