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Q. When credit balance as per pass book is the starting point of a Bank Reconciliation Statement then bank charges are

Q. When opening stock 50,000; closing stock 40,000; purchases 1,90,000 profit margin is 16.67% on sales, the sales are:

Q. Which of the following will result in disagreement of Trial Balance?

Q. Which of the following error is an error of principle?

Q. X of Delhi send out certain goods at cost + 25% of cost. Invoice value of goods is 1,20,000. 4/5th of the goods were sold by consignee at 1,00,000. Commission @ 2% up to invoice value and 10% of any surplus above invoice. The amount of commission will be

Q. Which of the following is correct?

Q. A debit note issued to a creditor for goods returned is to be recorded in the

Q. The Depreciation Account is closed at the end of the year by transfer to the

Q. The periodical total of Returns Inward Day Book is posted to 5