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Bank Reconciliation Statement
Meaning and Scope of Accounting
Accounting Conventions and as Discipline

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Notice BoardQuantitative Ability Teaser

Direction: Mark the best answer:

If x =cy + bz, y = az + cx, z =bx + ay and x, y, z are not all zero, then:

Choose correct answer:
a2 + b2 + c2 + 2abc = 1
 a2 + b2 + c2 + 2abc =0
 a2 + b2 + c2 – 2abc =1
  a2 + b2 + c2 – 2abc =0
none of these

BooksEconomics Teaser

The law of equimarginal utility considers price of money as –
Choose correct answer:
Less than one
More than one

LogicalAccounting Teaser

Which of the following will generally show a credit balance?

Choose correct answer:

Return outwards.

Carriage outwards.

Bad Debts.

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Notice BoardMercantile Law Teaser

Exception to the rule of Privity of contract excludes –
Choose correct answer:
Family arrangements
Agreement with minor
Agency agreement
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