Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	______ is prepared to avoid errors in the permanent records of accounting	Work sheet Ledger Bank statement Balance sheet
2	Usually every ______ entry affect both income statement and balance sheet	Adjusting Work sheet Balance sheet Ledger
3	______ simplifies work to be done at the end of the period	Work sheet Ledger Trail balance Balance sheet
4	Provision for the doubtful debts is debited to	Debtors a/c Provision for bad debts a/c Profit or loss a/c Bad debts recovered a/c
5	The debts, the recovery or realization of which is uncertain are known as	Bad bets Doubtful debts Provision for doubtful debts Loan

News