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Help accounting MCQ
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Topic: Help accounting MCQ (Read 1966 times)
moon
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Posts: 222
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Help accounting MCQ
«
on:
October 14, 2010, 09:29:41 pm »
can u plz help me in questions no. 6,11, 16,22,23,24,30,32,33,39
Nov.06 ppr1
Thanx in advance.
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SauD~
Chére
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Re: Help accounting MCQ
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Reply #1 on:
January 17, 2011, 08:44:31 am »
6.
B how---> Old capital + capital introduced = New capital -- then --> Capital - Drawings = New Capital
23,000 + 2500 = 25500 ---------------------------------> 25500 - 1500 = 24000
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SauD~
Chére
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Re: Help accounting MCQ
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Reply #2 on:
January 17, 2011, 09:25:37 am »
11.
B, as trade discounts are shown on invoice and cash discounts in P&L
16.
C as Opening balance is added to purchases and closing balance is subtracted
22.
B
23.
B Same as the 16 number
24.
D Prepaid for 2006
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Help accounting MCQ