In trial balance all these are credited except (a) (b)

(c) (d)

All the following are reasons why trial balance may not balance except

_____ is a part of the profit distributable to shareholders of an organization

_______ occurs when a creditor is authorized to ask payment from the customer’s bank

The balance of the adjusted cash book is used in preparing ______

Trial balance is used to prepare _____

In petty cash book the credit side is for

The debit side of petty cash book is for

______ is the book of original or prime entry which is used for recording small disbursement or expenses (a) (b) (c) (d)

Liabilities of the petty cashier can never _____ the imprest amount

Cash discount is classified into ______

Accounting equation can be expressed as

Which of the following is an asset?

What is liability when asset is N4000, and capital is N2000?

Bank statement is prepared by _____

All the following are  added to balance as per bank statement except

Motor van, building, furniture are examples of _____

______ is a book that combines cash, bank and discount accounts into a single book

______ is the properties or resources of a business organization

______ is the statement of the position of the business which shows the assets of a business and the sources of those assets

Which of this column is not included in trial balance?

All expenses must be recorded in _____ side of trial balance

All the following are branches of accounting except

_____ are accounts in which income and expenditure are recorded

(a) (b) (c) (d)

All the following are examples of personal account except

Which of the following is not a source document?

Financial records keeping were believed to have begun at about _____ years BC

All the following are users of accounting information except

_____ is the process of allocating the cost of the natural resources to the units removed

All the following are non manufacturing cost except

Where there is no agreement, the partners are to share their profit

______ is a document drawn up by the partners, which contains the rules and regulations guiding the business

All the following are features of partnership account except

Which of the following is an evidence of payment

The total cash and credit sales during a period is called

_____ is the cost of transportation charged on goods purchased

(a)

Stock of goods is divided into _______

Returns inwards is also known as ______

Purchases returns is also known as _______

Accrued income is added to ____ and it is treated as an ____

Prepaid expense is deducted from _____ and it is treated as ____

The purpose of trading account is to ascertain ______

The balance of trading account is transferred to _____

______ and _______ are the two methods of preparing trading, profit and loss account

_____ are goods or cash withdrawn by the owner of a business at interval for his own use

All the following accounts follow the principle of double entry except