Accounting Mcqs

The drawer of a trade bill passes relevant entries with regard to the transaction involved in it. But, in case of an accommodation bill, he passes an entry in addition to the usual entries. The additional entry so passed is with respect to

(A) Discounting of the bill with the bank

(B) Payment of the bill on due date

(C) Remitting or receiving the amount

(D) Sending the bill to bank for collection

Submitted By: Ali Uppal

Share this... Share on Facebook
Facebook
 		Tweet about this on Twitter
Twitter
 		Share on LinkedIn
Linkedin
 		Share on Whatsapp
Whatsapp
  • IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

  • PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

    • Related Mcqs

  • The most commonly used bleaching agent is_________?
  • Which of the following orbitals has maximum penetration effect?
  • Which of the following is most soluble on water?
  • The common oxidation state of lanthanides is_________?
  • Which one of the following is a bridge element?

    • Leave a Reply

    Your email address will not be published. Required fields are marked *

    Submit Your Mcqs


    Management Sciences


    Engineering Subjects


    Medical Subjects


    LIKE US ON