Golden Rules

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Golden Rules

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Q.1. Rajesh purchased good form Arun Enterprises. In the book of Arun Enterprises, Rajesh will be considered a _________.

1 point

Customer

Supplier

Debtor

Creditor

Clear selection

5Q.2. Accounts relating to the property, Assets, cash belongs to _______account

1 point

Nominal

Real

Peronal

Clear selection

Q.3. Kotak bank A/c in an example of ________.

1 point

Bank account

Real a/c

Nominal a/c

Personal a/c

Clear selection

Q.4. Ledger of kotak bank a/c is comes under ______ group

1 point

Bank a/c

Current Assets

Personal a/c

Capital

Clear selection

Q.5. According to Golden Rules. 'Debit Expenses and loses' and 'Credit all________ .

1 point

Revenue

Receiver

Incomes and Gains

Giver

Clear selection

Q.6. According to the Golden Rules. ' _____ the receiver, and _____ the giver.

1 point

Dr. , Cr

Cr. , Dr.

Dr. Dr

Cr. Cr

Clear selection

Q.7. Which of the following is Rules of Real a/c

1 point

Dr. The Receiver and Cr. The Giver

Dr what comes in and Cr. What goes out

Dr all Expenses and Cr all incomes

Clear selection

Q.8. Which of the following is example of personal a/c

1 point

Ram a/c

Nicetec pvt ltd a/c

Bank A/c

A and B both

All

Clear selection

Q.9. Accounts relating to the incomes and expenses. Like Rent, salary, commission etc. Belongs to_______ A/c

1 point

Real

Personal

Nominal

None of these

Clear selection

Q.10. Satya Pvt. Ltd. Purchased Good from Rj. Computer. In the books of Satya Pvt. Ltd. , Rj. Computer will be considered a __________.

1 point

Debtor

Receiver

Creditor

Giver

Clear selection

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