Relationship among book-keeping, accounting and accountancy - class-IX
Description: relationship among book-keeping, accounting and accountancy | |
Number of Questions: 36 | |
Created by: Chandra Bhatti | |
Tags: accounting and its terminology elements of accounts introduction accountancy economics introduction to accountancy conceptual framework of accounting generally accepted accounting principles (gaap) meaning, objectives and terminology of accounting commercial applications book keeping and accountancy commercial studies book-keeping - ledger nature and terminology of accounting introduction to accounting book keeping and accounting introduction to book-keeping and accountancy |
Book-keeping is an ________ of correctly recording of business transaction.
The work of a book keeper is ______ in nature.
A business can not run without book keeping.
Importance and utility of Book-keeping is _________ .
Book keeping is necessary only for organising with profit objective.
Book keeping records monetary transactions only.
______ is an activity concerned with the recording of financial data relating to business operations in significant and orderly manner.
________ is the recording phase of Accounting system.
Book keeping is mainly concerned with which of the following features?
Which of the following is not dependent on accounting?
Financial statements are a part of ___________.
Which of the following is not a sub-field of accounting?
Which of the following statement is correct?
In which year was the Chartered Accountants Institute was set up ?
Which among the following constitutes the base of accounting?
Book keeping is ________.
What is done as per the basic concepts of accounts?
Which is NOT a part of financial statements?
The recording of financial transactions and events manually or electronically is called _______.
A company draws cash from United Bank. The entries in the Company's accounts should be:
Debit | Credit | |
---|---|---|
1 | United bank account | Cash account |
2 | Purchases | Cash Account |
3 | Income | Bank Account |
4 | Cash account | United bank account |
An account used for carrying temporarily doubtful receipts or disbursements and discrepancies is ____________.
The rule 'every transaction affects two or more ledger accounts' is based or the concept of ___________.
Which of the following is correct about 'Accounting Concept'.
The basic objective of the book-keeping is _______________.
Book-keeping covers which of the following activities?
Which of the following is not a sub-field/Branch of Accounting?
Book-keeping is mainly concerned with ___________________.
Book-keeping is mainly related to _________.
Commercial accounting is based on ________________.
Who is the father of Double entry- Book Keeping?
______ covers procedural aspects of accounting work and includes record keeping function.
Book-keeping is concerned with the ______ of transactions while Accounting is concerned with the _______ of the recorded transactions.
Financial statement do not form part of book-keeping.
The balances of all assets accounts, expenses accounts, losses, drawings are placed in the _______of the trial balance.
In double entry system of book-keeping every business transaction effects ________________.
Book-keeping is mainly concerned with _____________________.