Related Questions

At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Anchor Company Tk 5,000 and Best Company Tk 7,000. During the month, credit sales were made to Anchor Tk 6,000, Best Tk 4,500, and Zen Tk 8,500. Cash was collected on account from Best Tk 11,500 and Zen Tk 3,000. At the end of the month, the Accounts Receivable account of Best Company in the general ledger should have a balance of -
A Tk 0
B Tk 4,500
C Tk 11,500
D Tk 23,000
E None of these
On-line transaction processing is used when ______________. I) it is required to answer random queries. II) it is required to ensure correct processing. III) all files are available on-line. IV) all files are stored using hard disk.
A i, ii
B i, iii
C ii, iii, iv
D i, jj ,iii
From a data systems design viewpoint, the number of different types of general ledger entries is
A six
B three
C four
D one
E None of the above
General ledger is also referred to as:
A main ledger
B extra ledger
C nominal ledger
D All of the above
E None of the above
When storage space is scarce and physical records cannot span pages, creating multiple physical records from one logical relation will minimize wasted storage space.
A True
B False
Which of the following storage and retrieval methods would be well suited to your processing requirements if you only need to retrieve records one at a time and there is no fixed pattern to the requests for data and records?
A indexed sectors
B sequential
C direct
D indexed direct
E None of the above
What is the abbreviation used for a software package that permits the users to create, retrieve and maintain records in a database?
A DASD
B FMS
C EMMS
D DBMS
E None of the above
A ledger is a______.
A book
B book of accounts
C book of accounts showing debits and credits
D book only for businessmen
কালান্তিক মজুদ রক্ষণ পদ্ধতিতে একটি বিক্রয়কারী কোম্পানির খতিয়ানে নিচের কোন হিসাবটি থাকবে না? (Which of the following accounts will not appear in the ledger of a merchandise company that uses a periodic inventory system?)
A বিক্রিত পণ্যের ব্যয় (Cost of Goods Sold )
B ক্রয় (purchase)
C ক্রয় পরিবহন (Freight-in)
D ক্রয় বাট্টা (Purchase Discount)
A Business shows total debtors' balance TK. 4,00,000 in its sales ledger at the end of its financial period . One customer owing TK. 40,000 is bankrupt and there is on possibility of getting the debt paid. A further 2% of debtors are considered doubtful . What debtors' total will be included as a current asset in the balance sheet ?
A TK. 4,00,000
B TK. 3,52,800
C TK. 3,52,000
D TK. 36,200

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