Practice Test | Kullabs.com
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  • The practice of book keeping was started with the invention of money in ______.

    Kathmandu, Nepal
    Lydia, Greece
    New York, USA
    Beijing, China
  • The practice of book keeping was started during ______.

    700 B.C.
    1500 A.D.
    1200 A.D.
    900 B.C.
  • “Single entry system is a system of book- keeping in which, as a rule, the records of only cash and personal accounts are maintained. It is always incomplete double- entry system varying with circumstances.” Who gave this definition?

    Kohler
    R. N. Carter
    A.N. Anthony
    J.R. Batliboi
  • “Single- entry system is a method employed for recording transactions, which ignores the two fold aspects and consequently, fails to provide the business man with information necessary for him to be able to ascertain the position.” Who gave this definition?

    A.N. Agrawala
    Kohler
    R. N. Carter
    A.N. Anthony
  • "The specific technique which reflects the concept of duality is known as double entry book- keeping." Who gave this definition?

    Lewis and Gillespie
    Kohler
    Juneja, Chawla and Saksena
    R. N. Carter
  • "Double entry system is the system under which each transaction is regarded to have two fold aspects and both the aspects are recorded to obtain complete record of dealings." Who defined it?

    A.N. Agrawala
    R.N. Carter
    Kohler
    Juneja, Chawla and Saksena
  • Which one of them is the feature of double entry book-keeping system?

    Double effect
    All the options are correct
    Scientific 
    Complete record
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