Business

internal user of accounting information are:

• Employee

• Management

• Owners

• All of the above

The balance of ledger accounts are transferred to:

• journal

• Balance

• Trial Balance

• Subsidiary Books

Which of the following is characteristic of accounting information?

• Reliability

• Relevance

• Understandablity

• All of the above

Which of the following is a personal account?

• Narendra's A/C

• Aditya's Dewangan A/C

• Axis Bank A/C

• All of the above

Real accounts are generally related to:

• Customers and Creditors

• Capital and drawing

• Assets

• None of the above

Capital Account and Drawing Account are types of:

• Personal Account

• Real Account

• Nominal Account

• None of the above

Capital Account and Drawing Account are types of:

• Personal Account

• Real Account

• Nominal Account

• None of the above