Environmental pollution cost incurred by an enterprise is ________

(a)

Product cost

(b)

Service cost

(c)

Social cost

Real account deals with  

(a)

Individual persons

(b)

Expenses and losses

(c)

Assets

(d)

Incomes and gains

Name the source document used for depositing money in the bank.

(a)

Voucher

(b)

Receipts

(c)

Pay-in-slip

(d)

Invoice

The trial balance contains the balances of_____

(a)

Only personal accounts

(b)

Only real accounts

(c)

Only nominal accounts

(d)

All accounts

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

(a)

Sales account

(b)

Cash account

(c)

Purchases account

(d)

Journal proper

Cash discount is recorded in the___________.

(a)

Cash book

(b)

Sales Book

(c)

Purchases book

(d)

Journal Proper

Under which of the following methods the value of Assets may be reduced to zero?

(a)

Depletion method

(b)

Revaluation method

(c)

Sinking fund method

(d)

Straight line method

Amount received from IDBI as a medium term loan for augmenting working capital ______.

(a)

Capital expenditures

(b)

Revenue expenditures

(c)

Revenue receipts

(d)

Capital receipt

___________ items are to be shown in the Balance sheet.

(a)

Capital

(b)

Expense

(c)

Revenue

(d)

Loss