When Interest is received on Sinking Fund Investment method, which of the following accounts will be credited?

(i) Interest on Sinking Fund Investment account

(ii) Sinking Fund account

(iii) Bank account

When the total of a trial balance is not matching, then the difference is transferred to

At the time of admission of a new partner, increase in the assets are credited to a

Direction: Choose the correct option for the given question.

Financial audit aims at the verification of a

At the time of dissolution of a firm, which of the following accounts is not prepared?

Which of the following accounts is the odd one out?

If del-credere commission is allowed for bad debt, consignee will debit the bad debt amount to

What type of account is a consignment account?

What type of account is memorandum joint venture account?

In which of the following accounts can a stationer debit the purchase of stationery?

The total of the sales book is posted periodically to the credit of a

What type of account is a bank account?

Fluctuating capital account is credited with

Goods worth Rs. 1,000 taken by a proprietor for personal use should be credited to which of the following accounts?

Unexpired insurance belongs to which category of accounts?