Discount allowed is___________?

Related Mcqs:

A journal entry in which two or more account is debited or credited is referred as____________?

A. Journal entry B. Multi entry C. Additional entry D. Compound entry...

Which of the following should not be treated as revenue expenditure?

A. Interest on loans and debentures B. Annual fire insurance premiums on Plant and Equipment C. Sales tax paid in connection with the purchase of office equipment D. Small expenditures on long- lived assets, such as ` 20 for a paper weight....

In a three column cash book_______________does not exist?

A. Cash column B. Bank column C. Petty cash column D. Discount column...

Depreciation is a process of____________?

A. Valuation B. Valuation and allocation C. Allocation D. Appropriation...

During the accounting period, sales revenue is Rs. 25,000 and accounts receivable increases by Rs. 8,000. What will be the amount of cash received from customers for the period?

A. Rs. 33,000 B. Rs. 25,000 C. Rs. 17,000 D. Rs. 8,000...