题目内容

Carriage inwards is charged to the trading account because

A. It is an expense connected with buying goods
B. It should not go in the balance sheet
C. It is not part of motor expenses
D. Carriage outwards goes in the profit and loss account

查看答案
更多问题

Given figures showing: Sales £8,200, Opening inventory £1,300, Closing inventory £900, Purchases £6,400, Carriage inwards £200, the cost of goods sold figure is

A. £6,800
B. £6,200
C. £7,000
D. Another figure

Suppliers' personal accounts are found in the

A. Nominal ledger
B. General ledger
C. Purchases ledger
D. Sales ledger

The sales day book is best described as

A. Part of the double entry system
B. Containing customers' accounts
Containing real accounts
D. A list of credit sales

A debit balance of £100 in a cash account shows that

A. There was £100 cash in hand
B. Cash has been overspent by £100
C. £100 was the total of cash paid out
D. The total of cash received was less than £100

答案查题题库