What is a cheque?

3

(a)

What is debit note?

3

(a)

What is a credit note?

3

(a)

What is a voucher?

3

(a)

What is a cash voucher?

3

(a)

How will you deal with the following items in accounting equation :
(i) Interest due but not received
(ii) Rent received in advance
(ill) Insurance premium paid in advance
(iv) Salaries due but not paid.

3

(a)

State the meaning of debit and credit

3

(a)

State the rules of debit and credit in accounting related to classification of accounts.

3

(a)

What are Real Accounts? Give example

3

(a)

Define Nominal Accounts. Give examples

3

(a)

State the rules of debit and credit on the basis of classifications of accounts

3

(a)

What are the steps in journalising?

3

(a)

What are the advantages of preparing Journal?

3

(a)

Define an account

3

(a)

What entry (debit or credit) would you make to (i) increase revenue (ii) decrease in expense (iii) record drawings (iv) record the fresh capital introduced?

3

(a)