Question

The primary rule of double-entry book-keeping is:

A Assets = Liabilities
B For every debit, there is a corresponding and equal credit
C Revenue is recognized when earned
D Expenses are matched with revenues
E The business is a separate entity from its owners
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)