Question 1 :
A second-hand motor car purchased on credit from Mohan will be recorded in the ___________.
Question 4 :
Cost of machine $Rs. 1,00,000$ scrap value $Rs. 10,000$; life $4$ years. What will be the amount of depreciation according to sum of years digit method in the first year?
Question 5 :
On $31$st December bank balance as per cash book (Dr.) Rs. $25,450$. A comparison of pass book and cash book revealed the following:<br/>- Cheque deposited for Rs. $500$ was not credited in pass book.<br/>- Out of cheques of Rs. $5,000$ issued only cheques amounting to Rs. $3,750$ were presented for payments.<br/>Balance as per pass book will be___________ .<br/>
Question 6 :
The payment side of the cash book is undercast by Rs.200. When overdraft as per pass book is the starting point, to get the overdraft as per cash book ___________.
Question 8 : Extract of trial balance of Mr. Q is as follows: <br><table class="wysiwyg-table"><tbody><tr><td>Particulars</td><td>Dr. Rs</td><td>Cr. Rs</td></tr><tr><td>Sundry debtors</td><td>1,00,000</td><td>-</td></tr><tr><td>Sundry creditors</td><td>-</td><td>78,000</td></tr></tbody></table>Additional information:<br>Included in sundry debtors Rs 5,000 due from Mr A. Included in sundry creditors Rs 2,000 payable to Mr. A.<br>Sundry debtors and creditors will appear in balance sheet at Rs _________ & Rs ____________.
Question 10 :
Rebate on bills discounted is _______ from interest and discount in the P/L Account .
Question 11 :
If the bill of exchange of two month's duration is accepted on 15th September its maturity date will be __________.<br/>
Question 12 :
Rs. $1,250$ paid for the residential telephone bill of the proprietor which of these accounts will be debited _________________.
Question 14 :
X limited is in the business of trading. It is to received Rs.$7,000$ from Vinod and to pay Rs.$8,000$ to Vinod. Similarly, it is to pay Rs.$8,000$ to Sudhir and to receive Rs.$9,000$ from Sudhir. Except above but after all the adjustment, the books of X Limited show the debtors balance at Rs.$72,000$ (Dr.) and creditors balance at Rs.$39,000(Cr.)$. The correct value of debtors and creditors to be shown in balance sheet would be___________.
Question 15 :
While carrying forward the total of one page of the Purchases Book to the next, the amount of Rs. 12,350 was written as Rs. 13,250. If this error located after preparation of trial balance then which of the following rectification entry is correct?<br/>
Question 16 :
An entry of $Rs.500$ was wrongly posted to wages account instead of machinery account, as wages are to be capitalized. It is an error of _________.
Question 17 :
Errors which compensate the effect of each other are called __________ errors.
