class 9 account

the main objectives of a business organization is to earned

• goodwill

• loss

• profit

• prestige

the concept of accounting is broader than concept of

• bookkeeping

• assets

• liabilities

• expenses

double entry system of book keeping means

• entry two set of books

• entry for two aspects of the transactions

• entry at two dates

a business transaction affects

• maximum of two affects

• at least one accounts

• at least two account

• none

ledger is the book of .....entry

• primary

• secondary

• original

• final

the rules of debit and......are followed while preparing ledgers

• balance

• journal

• credit

• ledger

the purchase return book is also called

• return inward book

• return outward book

• return book

• cash book

the credit purchase of goods is recorded in.....

• sales book

• purchase book

• sales return book

• purchase return book

the book maintained for recording the petty expenses is called

• sales book

• purchase book

• sales return book

• petty cash book

a trial balance is prepared after balancing

• ledgers

• cash book

• journals

• balance sheet