Introduction to Accounting — Account STD 11 Commerce — Question

Suspense Account will give the:

Which of the following transactions will result in higher balance in the barik. column of Cash Book in comparison to Pass Book?

The account current method in which the days are calculated from the date of transaction to the commencement date is known as ________.

Bill payable is drawn by _________.

The balance of sales column in the sales day book is ₹ 30,000, ₹ 5,000 were recovered from debtors. Then balance of sales column will be transferred by which amount?

On the debit side of cash book/account______are shown.

For depreciation mines, the suitable method is:

A bank reconciliation statement is prepared with the balance of ________.

The person on whose favor a bill is endorsed is called as _______.

Which branch of Accounting is concerned with ascertainment and control of cost of business activities?