In a transaction, Sold goods to Mukesh, which of the following accounts will be affected? (a) Sales

Question:

In a transaction, ‘Sold goods to Mukesh’, which of the following accounts will be affected?

(a) Sales a/c and Mukesh’s a/c

(b) Sales a/c and Cash a/c

(c) Sales a/c and Bank a/c

(d) None of these

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

See More Books

Question Posted: Dec 13, 2023 12:23 PM

See More Questions

Consider a three-symbols alphabet with the specified probability of assignment shown below: P(X) 0.70 0.25 0.05 a b b The table below lists input alphabet with six different binary code assignments....
You are expected to write a statistical interpreter that perform some statistical function by issuing commands at the command prompt. When run, your interpreter should show a prompt $ and should...
n Below are some computational tasks. For each one of these tasks, choose the data structure or abstract data type you feel is best suited to perform the task from the following list: Stack, Queue,...
Jacky Ma Ltd sells a single product called Alibaba. During 2020, 10,000 units were produced and 9,500 units were sold. There was no work-in-process inventory on 31 December 2020, that is the...
While driving at a constant speed of 80 km/h, you are passed by a car traveling at 120 km/h. If the frequency of light emitted by the taillights of the car that passes you is 4.3 x 1014 Hz, what...
The square plate has a mass m and is suspended at its corner by the pin O. Determine the natural period of vibration if it is displaced a small amount and released. Solve using energy methods.
For uniform wear condition of brakes and clutches, friction radius is equal to: (a) $\frac{D+d}{4}$ (b) $\frac{1}{3} \frac{D^{3}-d^{3}}{D^{2}-d^{2}}$ (c) \(\frac{1}{2}...
1. George and Martha are married and file a joint tax return claiming their two children, ages 10 and 8 as dependents. Assuming their AGI is $123,450, George and Martha's child tax credit is: a. $0,...
On the 30th September 2023, you can already an article about a proposed merger relating to ibibi bank. On 1t October you notice that shares of ibibi bank are currently selling at rs. 1000. A)...
In a three-column cash book, which of the following transactions will be recorded? (a) Credit purchase of goods (b) Issue of cheque to supplier (c) Credit sales of goods (d) All of these
In a transaction, Sold goods to Mohit and Received cheque, which of the following accounts will be affected? (a) Sales a/c and customers a/c (b) Sales a/c and suppliers a/c (c) Sales a/c and cash a/c...
Susan and Mark form a general partnership to operate a coffee shop. They do not create a partnership agreement. Susan can legally hire employees. a. True b. False
An audit firm's audit documentation DOES NOT ______. Multiple choice question. assist supervisors in reviewing work quality assist in planning future audits demonstrate audit team accountability...
If sales are over $1000, the bonus is 10%. If sales are over $500, the bonus is 5%. Otherwise, there is no bonus. Which formula calculates the correct bonus percentage? =IF(A1 > 1000, "10%", "5%")...
Select all that apply Personal opportunity costs include using your time, in addition to or in place of money, to Multiple select question. achieve your goals. meet financial obligations. satisfy...
Helen is a retailer operating in Toowoomba and she received the following amounts during the current tax year ended 30 June: Helen received $230 000 from the sale of an investment property she had...
Find the missing length of the triangle 40 75 Feet a) 62.9 feet b) 48.2 feet c) 57.5 feet d) 72.2 feet
Jerry Tanner, CEO and a major stockholder of Tanner Company, was unhappy with its operating results in 2010. The company manufactures two environmentally friendly industrial cleaning machines used...
Halley's comet travels in an ellipti- cal orbit with a = 17.95 and b = 4.44 and passes by Earth roughly every 76 years. Note that each unit represents one astronomical unit, or 93 million miles. The...
== Suppose that f(5) = 2, f'(5) = 9, g(5) = -6, and g'(5) = 5. Find the following values. (a) (fg)'(5) (b) (f/g)'(5) (c) (g/f)'(5)
Use Newton's method with the specified initial approximation x to find x3, the third approximation to the root of the given equation. (Round your answer to four decimal places). x3 + 2x 10, x = 1 X3
Find the equation of the quadratic function, f(x) = Ax^2 + Bx (A and B are constants), whose tangent line at (-1, -3) is y = 4x + 1 (Explain each step's instructions in words)

In a transaction, Sold goods to Mukesh, which of the following accounts will be affected? (a) Sales

Question:

Step by Step Answer:

a Sal...View the full answer

Financial Accounting

Students also viewed these Business questions