Account M.C.Q (1 Marks)

On inter-state sale of goods, which of the following account is credited:

Journal is called a book of:

Which of the following accounts will be credited on giving cash donation:

Trade Discount allowed is deducted from the gross sales. Sales is recorded in the books of account at:

A compound Journal entry:

Trade Discount received on purchases is recorded in the books of account as follows:

A sale of goods to Ram for cash is debited to:

Cash Discount allowed is recorded in the books of account as follows:

Business transactions are recorded:

A withdrawal of cash from business by the proprietor is credited to:

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:

Cash Discount received is recorded in the books of account as follows:

On intra-state purchase of goods, which of the following accounts are debited:

On inter-state (i.e., outside the state) purchase of goods, which of the following GST is levied:

On intra-state (i.e., within the state) purchase of goods, which of the following GST is levied: