A double entry for a transaction that offsets one amount ...
A double entry for a transaction that offsets one amount against another on both sides of the cashbook is a
Original entry
Contra entry
Prime entry
Contract entry
Correct answer is B
Contra entry is used to offset amount or same transaction against another on both side of the cashbook.
Accumulated fund on 1st January 1993 is ...
Which of the following is not a purpose for which share premium may be utilized? ...
Factory costs excluding prime cost is ...
The basic role of accounting is to ...
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Stock Jan 1} & 2000 \\ \hline \text{Purchase...
Which of the following is a prime cost? ...
The amount by which assets exceed specific liabilities is called ...