[{"id":3818,"question":"Bank for collection is a","choices":[{"text":"Permanent Account","value":"A"},{"text":"Fixed Account","value":"B"},{"text":"Current Account","value":"C"},{"text":"Temporary Account","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3817,"question":"The time after which the bill is to be paid","choices":[{"text":"Grace Days","value":"A"},{"text":"Tenor","value":"B"},{"text":"Due Date","value":"C"},{"text":"Extra Days","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3816,"question":"When a drawer discounts a bill, he debits","choices":[{"text":"Bank Account","value":"A"},{"text":"Interest Account","value":"B"},{"text":"Drawee Account","value":"C"},{"text":"Bill Receivable Account","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3810,"question":"A bill which is both drawn and payable within the geographical boundaries of a country","choices":[{"text":"Foreign Bill","value":"A"},{"text":"Local Bill","value":"B"},{"text":"Municipal Bill","value":"C"},{"text":"Inland Bill","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3808,"question":"A bill of exchange is drawn by","choices":[{"text":"Debtor","value":"A"},{"text":"Creditor","value":"B"},{"text":"Endorser","value":"C"},{"text":"Endorsee","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3807,"question":"A bill of exchange is a method of payment on","choices":[{"text":"Cash Basis","value":"A"},{"text":"Credit Basis","value":"B"},{"text":"Reserve Basis","value":"C"},{"text":"Accommodation Basis","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3804,"question":"A trial balance can be constructed by","choices":[{"text":"Three Methods","value":"A"},{"text":"Two Methods","value":"B"},{"text":"Four Methods","value":"C"},{"text":"Five Methods","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3803,"question":"A schedule of balances of all accounts is called","choices":[{"text":"Journal","value":"A"},{"text":"Ledger","value":"B"},{"text":"Balance Sheet","value":"C"},{"text":"Trial Balance","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3802,"question":"Left hand side of an account is called","choices":[{"text":"Debit Side","value":"A"},{"text":"Credit Side","value":"B"},{"text":"Both a & b","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3801,"question":"Ledger Records Transaction in a/an","choices":[{"text":"Chronological Order","value":"A"},{"text":"Daily order","value":"B"},{"text":"Arithmetical Order","value":"C"},{"text":"Analytical Order","value":"D"},{"value":"E"}],"correctAnswer":4}]