The endorse will not be liable to the holder on dishonour of a negotiable instrument if he makes a:

An order instrument can be made payable to the bearer by making:

A person who is legally entitled to the possession of the negotiable instrument in his own name and to receive the amount there of is known as:

A bill endorsed or delivered to a person with the understanding that it will be paid only if certain conditions are fulfilled is known as :

If a bill of exchange dated Jan 31, 2019 is payable one month after date, the due date of the instrument will be:

While encashing travelers cheques, the payee is identified by:

The drawee banker of a demand draft has received intimation of the loss of the draft from the purchaser. The Banker should :

The Banker is entitled to exercise right of lien in respect of the following

Every Indian banking company is required to transfer af least of its profits to statutory reserve.

A banking company cannot hold any immovable property, not acquired for its own use for a period exceeding :

Which of the following factors make the credit creation possible?

Bank overdraft is :

Share premium is :

Balance sheet is :

Interest on Drawings is _________ to business.

A________ is sent to a customer when he returns the goods.

The process of transferring the debit and credit items from a journal to their respective accounts in the ledger is called :

Which of the following is an example of wasting assets ?

An error committed due to lack of knowledge of accounting is known as :

Sigle entry system is not followed by :

Income received in advance will appears in the Balance sheet :

Payment of Bill before the due date by the acceptor is known as :

Revaluation method of depreciation is suitable for :

Trade expenses is :

Bad debts recovered is :

Opening and closing entries are passed through :

Carriage outwards will appear :

Wages paid in connection with installation of an asset is :

Statement of affairs are prepared in connection with :

Which of the following errors are not disclosed by a Trial Balance ?

Contra entries appears in :

_______ is called Book of Prime entry

Preliminary expenses is an example of :

Reserve for discount on debtors is :

Carriage is debited to :

Wages and salaries are shown in :

Indirect expenses are shown in the :

_______ is prepared to know the trading results of a business.

A cheque is issued with a future date is called _______ Cheque

Nominal accounts are also known as :

Closing stock is valued at :

Accumulated depreciation account is shown on:

Cash in hand always shows ______ balance.

Cash discount is allowed for :

Sales Day book contains only :

Generally Petty Cash is maintained under :

Sales less cost of goods sold equal to :

Difference between current assets and current liability is :

"Narration" is associated with ?

How many parties are required to create a promissory note ?