1131. Sales of good to X cash should be debited to :
A. Purchases
B. Cash *
C. Sales
D. Drawings account
1132. A payment of rupees five hundred to saeed Transporters for bringing a machine to our factory should be debited to :
A. Saeed transporters
B. Machine Account *
C. Cash Account
D. Carriage Account
1133. Rupees 500, with drawn by the owner for his private use should be credited to :
A. Owners’s drawings account
B. Expenses account
C. Cash account
D. Capital account *
1134. Wages of workmen employed for setting up new machinery should be debited to :
A. Expense account
B. Cash account
C. Capital account *
D. Owner’s drawing account
1135. 10 $ received from Ali whose account was previously written off as bad debt should be credited to :
A. Ali’s account
B. Bad Debt account *
C. Bad debts recovered account
D. Credit account
1136. A purchase of furniture for cash should be debited to :
A. Cash account
B. Furniture account *
C. Purchases account
D. Fixture account
1137. A withdraw of cash from the business by proprietor should be debited to :
A. Cash account
B. Drawings account *
C. Capital account
D. Expense account
1138. Goods of the value of 1000 $ are given away as charity, this account should be debited to :
A. Charity account *
B. Sale account
C. Purchases account
D. Asset account
1139. Furniture purchased for private use of a partner should be debited to :
A. Furniture account
B. Partner’s capital account
C. Purchases account
D. Partner’s drawings account *
1140. The amount of salary paid to Imran should be debited to :
A. The account of Imran
B. Salaries account *
C. Cash account
D. Wages account