Using Accounting Software MCQ with Answers

Using Accounting Software MCQ with Answers

6) Which are the things and properties for resale that converts into cash?

Answer is:

Current assets

7) Who receives benefits without giving money immediately but liable to pay in future?

Answer is:

Debtor

8) Which function key is used to record fund transfer between cash and bank account?

Answer is:

F4

9) Which document is issued by the receiver of cash to the giver of cash acknowledging the cash received voucher?

Answer is:

Receipts

10) What is a summarized record of all the transactions to every person, every property and every type of service?

Answer is:

Account