[{"id":3800,"question":"Which of the following normally has a credit balance","choices":[{"text":"Machinery a/c","value":"A"},{"text":"Purchases a/c","value":"B"},{"text":"Stock a/c","value":"C"},{"text":"Sales a/c","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3799,"question":"A Ledger is a book in which","choices":[{"text":"Only Personal & Cash Accounts are Opened","value":"A"},{"text":"Only Real Accounts are Opened","value":"B"},{"text":"Only Nominal Accounts are Opened","value":"C"},{"text":"All Real, Nominal and Personal Accounts are Opened","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3798,"question":"If the total of the credit side of an account exceeds that of debit side of the same account, it is called","choices":[{"text":"Credit Balance","value":"A"},{"text":"Debit Balance","value":"B"},{"text":"Balancing","value":"C"},{"text":"Zero Balance","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3797,"question":"Contain all residual account","choices":[{"text":"Debtors Ledger","value":"A"},{"text":"Creditors Ledger","value":"B"},{"text":"General Ledger","value":"C"},{"text":"Cash Ledger","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3796,"question":"The Principle book of accounts is","choices":[{"text":"Journal","value":"A"},{"text":"Ledger","value":"B"},{"text":"Trial Balance","value":"C"},{"text":"Balance Sheet","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3795,"question":"Debit Signifies","choices":[{"text":"Increase in Asset Account","value":"A"},{"text":"Decrease in Liability Account","value":"B"},{"text":"Decrease in Capital Account","value":"C"},{"text":"All of the Above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3794,"question":"Payment of Rs. 50 to Raheel as wages for repairing machine should be debited to","choices":[{"text":"Machinery a/c","value":"A"},{"text":"Repair a/c","value":"B"},{"text":"Wages a/c","value":"C"},{"text":"Raheel a/c","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3793,"question":"A table lost by fire should be debited to","choices":[{"text":"Table a/c","value":"A"},{"text":"Furniture a/c","value":"B"},{"text":"Loss by Fire a/c","value":"C"},{"text":"Purchases a/c","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3792,"question":"In case of a debt becoming bad, the amount should be credited to","choices":[{"text":"Debtor's a/c","value":"A"},{"text":"Bad Debts a/c","value":"B"},{"text":"Sales a/c","value":"C"},{"text":"cash a/c","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3791,"question":"The Amount of salary paid to Sohail should be debited to","choices":[{"text":"Sohail's a/c","value":"A"},{"text":"Cash Account","value":"B"},{"text":"Salaries a/c","value":"C"},{"text":"Both a & c","value":"D"},{"value":"E"}],"correctAnswer":3}]