1181. The right hand side of an account is called :

A. Debit side
B. Credit side *
C. Both debit and credit side
D. None of the above

1182. Transactions relating to income expenditure and profit-loss are recorded in :

A. Real account
B. Nominal account *
C. Personal account
D. Capital account

1183. Transactions relating to persons or institutions :

A. Real account
B. Nominal account
C. Personal account *
D. Drawings account

1184. Transactions relating to properties or assets are recorded in :

A. Real accounts *
B. Nominal accounts
C. Personal accounts
D. Drawings account

1185. The difference of the totals of the two sides of an account is called :

A. Brought forward *
B. Carry forward
C. Balance
D. None of the above

1186. The arithmetical accuracy of books of account is verified through :

A. Journal
B. Ledger
C. Trial balance *
D. None of the above

1187. Cash transactions are recorded in :

A. Creditor’s
B. Debtor’s
C. Cash book *
D. None of the above

1188. Transactions ar primarily recorded in :

A. Journal *
B. Ledger
C. Trail Balance
D. Balance sheet

1189. Transactions are finally recorded in :

A. Journal
B. Ledger *
C. Trial balance
D. None of the above

1190. Journal is called :

A. Book of original entry *
B. Book of final entry
C. Book of single entry
D. None of the above