Meeta saves Rs 400 from her salary. If this is 10% of her salary. What is her salary?
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(i) Stationery A/c (ii) Salary A/c (iii) Excise duty A/c
(i) Nominal Account (ii) Nominal Account (iii) Nominal Account (iv) Personal Account (v) Personal Account
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Which account is credited when Salary is paid by cheque?
Bank Account is credited when salary is paid by cheque.
2 Answers 1 views
What is the balance of Outstanding Salary A/c?
The balance of Outstanding Salary A/c is a credit balance.
2 Answers 1 views
Put ‘✓’ mark for the nature of balance for the following : Account 1. Salary A/c 2. Purchase A/c
Account Dr. Balance Cr. Balance 1. Salary A/c ✓ 2. Purchase A/c ✓ 3. Sales Return A/c ✓ 4. Machinery A/c ✓ 5. Bank Balance A/c ✓ 6. Cash Balance A/c ✓ 7. Sale A/c ✓ 8. Purchase Return A/c ✓ 9. Bills Payable A/c ✓ 10. Debtors A/c ✓ 11. Creditors A/c ✓ 12. Stationery...
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(i) Salary, Sundry expenses, General Expenses.
(i) General Expenses (ii) Investment (iii) Discount Allowed (iv) Rent (v) Accrued Interest
2 Answers 1 views
Rohan and Sohan earn salaries which are in the ratio of `3:4` respectively. Sohan saves `11%` of his salary and Rohan saves `18%` of his salary. If So
Correct Answer - Rs. 2835; Rs.36750
2 Answers 1 views
Anthony spends `x%` of his salary towards expending on food , 2x% of the remaining on transport 3x% of the remaining towards various bills 4x% of the
Correct Answer - `F,T,I,R`
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Suba Rao started work in 1995 at an annual salary of Rs 5000 and received a Rs 200 raise each year. In what year did his annual salary will reach Rs 7
Correct Answer - year 2005
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Ramakanth draws a salary of Rs. 15,000 per month. He contributes Rs. 5000 per month towards PPF. He also donates Rs. 1250 per month towards medical re
Correct Answer - Rs.8400
2 Answers 2 views
State whether the following accounts will show debit or credit balance : `{:("(i) Purchases Accounts","(ii) Cash"),("(iii)Capital","(iv) Salary"),("(v
Correct Answer - Debit balances : - (i), (ii), (iv), (vi), (vii), (viii).
2 Answers 1 views