Which account is NOT part of the profit and loss account?

If a supplier's invoice is recorded on the last day of the year for future services, one side of the entry should be accounts payable, and the other entry should be to which account?

When recording financial transactions using the "T" account method, the 'Debit' value is recorded on the right and the 'Credit' value is recorded on the left.

Which of the following documents would you NOT rely on to originate accounting entries?

Which of the following is the summary of accounts

Which of the following is NOT a contra account?

The purchase of motor vehicles on credit should be entered into which journal?

The chronological record of a transaction’s process through the accounting system, from the source document to the financial statements, is known as ....?

Unexpired costs are represented in the accounts of an accounting entity as...

A check that was received from a debtor was dishonored. How does this transaction affect the debtors control account in the general ledger?

Which of the following is NOT generally used as an alternative name for a 'Balance sheet'?