Sales return is deducted from? Select one: a. Purchases b. Sales C. Cash O d. Goods The entry for cash sales: Select one: a. Sales Debit , Account payable Credit b. Sales Debit, Cash Credit c. Debtors Debit, Sales Credit d. Cash Debit, Sales Credit If you want post them to the ledger Cash A/c Dr 50000 To Capital 50000 Bank A/c Dr 5000 To Cash A/c 5000 The balance of cash is: Select one: a. Debit 50000 b. Debit 45000 c. Credit 45000 d. Credit 50000 Expenditure that increases earning capacity called? Select one: a. Capital expenditure b. Administrative expenses c. Revenue expenditure d. Marketing expenses The costs associated with a printing machine on December 10 are: List price JDs 10000; Trade discount JDs 100; Tax's JDs 300; Freight JDs 1000. How much the cost of acquisition of the machine would be? Select one: a. 11200 JDs b. 10000 JDs c. 11400 JDs d. 8600 JDs A Trial Balance can be prepared at any time after closing the ledger accounts. Select one: a. True b. False The Profit and Loss Account is a ? Select one: a. Nominal A/C b. Real A/C c. Personal A/C d. Tangible A/C If an account is wrongly debited you must credit that account. Select one: a. False b. True The company received on account fro Ahmad A/c Dr 100 To Cash Select one: a. False O b. True