A worker has a time rate of 15/hr. He makes 720 units of component (standard time : 5 minutes/ unit) in a week of 48 hours. His total wages including Rowan bonus for the week is

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If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?

A. Yes B. No C. Transactions can’t be omitted D. none of these...

If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?

A. $5000 B. $10,000 C. $15,000 D. $20,000...

Journal proper is meant for recording_____________?

A. Credit purchase of fixed assets B. Return of goods C. All such transactions for which no special journal has been kept by the business D. None of these...

The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account?

A. Sales B. Purchases C. Inward returns D. Closing stock...

Debit balance as per bank pass book mean_____________?

A. Surplus cash B. Bank Overdraft C. Terms deposits with bank D. None of these...