Download App

Ledger — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountLedger1 Mark
MCQ
While posting in personal accounts from the purchases book, posting is done:
  • A
    On Debit side.
  • ✓
    On Credit side.
  • C
    On Debit or Credit side.
  • D
    None of the above.
✓

Answer

Correct option: B.
On Credit side.
On Credit side.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Ledger→Ledger — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

An amount which is allowed for the prompt settlement of debt arising out of a sale within a specified time and calculated on a percentage basis is known as ________.
→
Accounting transactions of an organisation are documented using a _________.
→
Payment of bill on its due date is known as _________.
→
Which one of the following is not an objective of accounting?
→
Unintentional omission or commission of amounts and accounts in the process of recording transactions are known as $......$
→
First Computers purchased computers from HCL Ltd. and availed both Trade Discount and Cash Discount. The transaction recorded in the books of account will be for:
→
_______ is the process of grouping transactions or entries of same nature at one place.
→
The difference in the balances of the cash book and the pass book can be because of ____________.
→
A cheque of Rs.5000 in favour of Mr. X was wrongly credited by the bank in Mrs. X a/c as Rs.550. While reconciling the bank balance of Mrs. X, bank balance as per bank pass book will be _______.
→
When the balance as per Cash Book is the starting point, direct deposit by customer is_________.
→