Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	Received a cheque from Bilal Rs. 1900 in ful settlement of his debt Rs. 2000 should be debited to	Cash account Discount allowed account Bank account Both a & b
2	Ahmed's cheque endorse to Akbar should be debited to	Cash account Cheque account Akbar's account Ahmed account
3	Our cheque to Ali & Bros, returned dishonored should be credited to	Cheque account Cash account Bank account Ali & Bros account
4	When cash is withdrawn from the bank for the personal use of the owner, must be debited to	Cash account Bank account Drawings account Capital account
5	When cheque received, and deposited into bank, bank account must be	Credited Debited Both debited & credited None of these

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