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Finance
143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

Sales invoices are first entered in,

A

The Cash Book

B

The Purchases Journal

C

The Sales Journal

D

The Sales Account

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  • Edubabble LLP
    • Sales invoices are first entered into the sales journals. A sales invoice signifies the revenue that our company has made. With the accrual method of accounting, which serves a sale as income even before we have actually been paid for it, a sales invoice is an element to be entered in the revenue segment of our ledger

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    Reply 01 Jan 1970 05:30 AM
    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Discounts received are:

    A

     Deducted by us when we pay our accounts

    B

    Deducted when we receive cash

    C

    Given by us when we sell goods on credit

    D

    None of these

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  • Mukesh Singh
    • Respected Member Please explain the answer A..I am not satisfied with your answer sorry to say .
    Like 1
    Reply 01 Jan 1970 05:30 AM
    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7


    The charges of placing commodities into a saleable condition should be charged to

    A

    Trading account

    B

    P & L a/c

    C

    Balance Sheet

    D

    None of the above

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7


    Which of these best explains fixed assets?

    A

    Are bought to be used in the business

    B

    Are expensive items bought for the business

    C

    Are items which will not wear out quickly

    D

    Are of long life and are not purchased specifically for resale

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7


    Copyrights, Patents and Trademarks are,

    A

    Current assets

    B

     Fixed assets

    C

    Intangible assets

    D

    Investments

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    High price to earning ratio shows company's

    A

    low dividends paid

    B

    High risk prospect

    C

    High growth prospect

    D

    High marginal rate

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Price earning ratio and price by cash flow ratio are classified

    A

    Marginal ratios

    B

    Equity ratios

    C

    Return ratios

    D

    Market Value ratios

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    1. The Accounting equation is Asset = Liabilities +................

    A

    Capital

    B

    Current Asset

    C

    Total Expense

    D

    Equity

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Price per share is Rs 25 and cash flow per share is Rs 6 per share then price to cash flow ratio would be

    A

    0.24 times

    B

    4.16 times

    C

    4.16%

    D

    24%

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    What is accounting?Accounting is the process of recording financial transactions pertaining to a business.The accounting process includes summarizing,analyzing, and reporting these transactions to oversight agencies,regulators and tax collection entities.The financial statements ...

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  • Shivraj Singh
    • True
    Like 1
    Reply 01 Jan 1970 05:30 AM
    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    The expansion of CAPM is

    A

    Capital amount pricing model

    B

    Capital asset pricing model

    C

    Capital asset printing model

    D

    Capital amount printing model

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Which one of the following is not a money market securities

    A

    treasury bill

    B

    National saving certificate

    C

    Certificate of Deposit

    D

    Commercial paper

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Market value of the shares are decided by

    A

    the respective companies

    B

    the investment market

    C

    the government

    D

    shareholders

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    Market value of the shares are decided by

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    Finance
    143 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

    The primary goal of the financial management is

    A

    to maximize the return

    B

    to minimize the risk

    C

    to minimize the wealth of owners

    D

    to minimize the profit

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