Double entry accounting system includes Options: A . &nbspAccrual accounting only B . &nbspCash accounting only C . &nbspBoth cash and accrual accounting D . &nbspNone of the above

Double entry accounting system includes

Question

Double entry accounting system includes

Options:

A . Accrual accounting only

B . Cash accounting only

C . Both cash and accrual accounting

D . None of the above

Answer: Option C

Submit Your Solution Below and Earn Points !

Next Question

Question 1. Which of the following financial statements show the financial health of an organisation at a stated point of time?....

Question 2. The estimated value at which an asset is expected to be sold after the end of its useful life is called....

Question 3. Which of the following is a selling expense?....

Question 4. Which one of the following is NOT true about capital expenditure?....

Question 5. A debit balance in the bank statement indicates....

Question 6. Which of the following is not an item of Balance Sheet?....

Question 7. In an account, when credit side total < debit side total, then, the balance is known as....

Question 8. Which of the following is used to record financial transactions in chronological (day-to-day) order?....

Question 9. Net Profit = Gross Profit minus....

Question 10. Money spent to acquire or upgrade physical assets is known as....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0