Account class

____________ is a higher level position in an office.

• Labour

• Assistant

• Chief Officer

• None of these

______________ propounded the double entry system.

• Abraham Lincoln

• David Smith

• Fra Luca Pacioli

• Johnson Hillary

Investment is known as __________

• Liabilities

• Assets

• Debit

• Capital

Debit is _______________ in nominal account.

• All expenses and losses

• All Profits and income

• Receiver

• What comes in

Define account.

• It is the art of keeping business relationship with their name

• It is the art of keeping business records and it's dealing.

• It is the art of money invested by the owners in the beginning of business.

• It is the art of recording, classifying and summarizing in a significant manner and in terms of money.

______________ is known as executive officer.

• Office chief

• Office personal

• Sectional chief

• None of these

Any two qualities of office assistant are ____________ and ___________

• Water and salt

• Invoice and sailing

• Faithfulness and politeness

• All the above

Define journal.

• It is a daily book of account that keeps record of all the financial transactions of business.

• It is a principal book of account.

• A newspaper or letters that deals with particular subject.

• None of these

An act of exchanging information in internal and external part of organization.

• E-mail

• E-commerce

• Communication of information

• Telephone

A single piece of paper or document can withdraw or deposit money in bank.

• Form

• Cheque

• Interleaf

• None of these