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Sundry Debtors Quiz

Goods of $1,000 purchased from Mr. “A” were recorded in sales book, the rectification of this error will:

Which of the following account will be credited when a typewriter is sold that has been used in the office?

When one or both aspects of a transaction are recorded in the wrong class or category of account, this is called:

Which of the following item must be recorded in the adjusted Cash Book in order to bring it in line with the entries in the Bank Statement?

It is supposed that on 31st December, 2007, the sundry debtors are amounted to $40,000. On the basis of past experience, it is estimated that 10% of the sundry debtors are doubtful. Actual bad debts are $ 1600. What amount of new provision for doubtful debts will be credited in profit & loss account

Which of the following is an example of operating expense?

Which of the following would NOT be considered as a component of 'cost' of stock?

Which of the following will be debited, if cash is drawn by Proprietor?

Which of the following is TRUE about the treatment of insurance paid in advance $ 1200?

When closing stock is given in trial balance, then it will effect:

Tagged as: sundry debtors, sundry debtors, account
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