Page 1 of 30 Question Paper Financial Accounting (CFA510): January 2009  Answer all 75 questions.  Marks are indicated against each question. Total Marks : 100 1. Under…

Double-entry System Process of accounting starts from posting of transactions. Every transaction in accounting has an impact on 2 accounts and double entry system is a system…

Slide 1 1 © Copyright Doug Hillman 1999 Additional Stockholders’ Equity Transactions and Income Disclosures Slide 2 2 © Copyright Doug Hillman 1999 Retained Earnings…

Basic Accounting Basic concept of accounting Accounting: It is an art of recording, classifying and summarizing in significant manner and in terms of money, transactions…

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Unit- 3 Unit- 3 TYPE OF ACCOUNTS AND ITS RULES: There are three types of accounts namely Personal account, Real account and Nominal account. Personal account: It is related…

TALLY INTRODUCTION Tally is an accounting package developed by Tally Solutions pvt ltd which was formerly known as Peutronics pvt ltd. Where we record all accounting transactions…

,..- ...• r< G Q Journal Entries ~ r-. ' [Startl t; /""'. --.. l; l; r=. \.§ ,.-... L r MAC Rules of Account part 1.txt Real accounts: (all assets)…

7/14/2019 Multiple Choice Questions and Answers on FA 1/37:: 1 ::(1) Special donations are carried to the.of the balance sheet.Ans. liabilities side(2) Any profit on the…