i. International Accounting day is observed on __________ (a) 10th November (b) 12th November
Select the most appropriate alternatives from those given below and rewrite the statement:
i. International Accounting day is observed on __________
(a) 10th November
(b) 12th November
(c) 10th December
(d) 15th December
ii. Conventional system of accounting is _________
(a) English entry system
(b) Double entry system
(c) Indian System
(d) None of these
iii. Every debit has corresponding ________
(a) Debit
(b) Credit
(c) Right hand side
(d) None of these
iv. Radha’s Account is a type of _________ account.
(a) Nominal
(b) Personal
(c) Real
(d) Expenses
v. Machinery Account is ________ account.
(a) Nominal
(b) Income
(c) Personal
(d) Real
1 Answers
i. (a) 10th November
ii. (c) Indian System
iii. (b) Credit
iv. (b) Personal
v. (d) Real