Question
Which of the following is the golden rule of entry for
personal accounts in the accounting process?Solution
A personal account is a general ledger account pertaining to individuals or organizations. The golden rule of accounting for personal accounts is to debit the receiver and credit the giver:
- Debit the receiver :Â When a business receives something, the account is debited.
- Credit the giver :Â When a business gives something, the account is credited
A paper is folded and cut as shown below. How will it appear when unfolded?
If Neena says "Amita's father Raman is the only son of my father-in-law Madhav", then how Babita, who is the sister of Amita, is related to Madhav?Â
Statements:
Some mugs are jars.
All jars are bottles.
All glasses are mugs.
Conclusions:
I. All glasses are jars....
Select the Venn diagram that best illustrates the relationship between the following classes.
Pens, Books, Erasers
In a certain code language, BAYWATCH is written as ZYWUYRAF. How will EFRON be written in that code?
Select the figure given in the options which when put in place of the question mark (?) will logically complete the series.
Ten people are sitting in two parallel rows 1 and 2. A, B, C, D and E are sitting in row 1 facing the North and V, W, X, Y and Z are sitting in row 2 fa...
Select the triad which follows the same pattern as that followed by the two triads given below. Both triads follow the same pattern. Â
DI-NS-XC...
In a certain code language,
A + B means ‘A is the brother of B’.
A − B means ‘A is the father of B’.
A × B means ‘A is...
In the following question, select the related letters from the given alternatives.
MICS : LHBR :: JRVP : ?
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