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Midterm Spring 2026
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MGT101 - MGT101

09 Sep 2026 at 08:13 AM

14 MSQs was very easy like Asset Sources or Resources? Sources are equal to ? or debit and cradit type ka thy but overall easy tha 2 short question Q 1 - Cash Transaction or Credit Transaction ? (1…

14 MSQs was very easy like Asset Sources or Resources? Sources are equal to ? or debit and cradit type ka thy but overall easy tha 2 short question Q 1 - Cash Transaction or Credit Transaction ? (1) Furniture of Rs. 30,000 purchased and the payable amount is promised to be paid in the month of May 2020. (2) Service revenue of Rs. 20,000 received in the month of April 2020. (3) Credit transferred in bank account during the month Q 2 - Stationery expense account Rs. 70,000 Insurance expense account Rs. 50,000 Return outwards account Rs. 120,000 Required: Prepare the Trial Balance based on the information given above by following the format given below. (Note: List of given balances of accounts is incomplete so there is no need to verify the total of debit and credit column and other asp

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Shared by M. Abu Bakar Siddiq 1 month ago
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