Accounting Basics Quiz: 10 Bilingual Questions

Correct answer: A. Assets = Liabilities + Capital

Assets के against outsider claims (liabilities) और owner’s interest (capital) होते हैं। इसलिए A = L + C.

Correct answer: D. Cash Dr.; Capital Cr.

Cash asset increases, इसलिए debit। Owner’s capital increases, इसलिए credit। Capital introduced को sales income नहीं मानते।

Correct answer: B. No change

Equipment ₹11,000 बढ़ता है और cash ₹11,000 घटता है। Asset composition बदलती है; total assets unchanged.

Correct answer: C. Debit the expense account

Expense increases debit side पर record होते हैं। Cash में payment हो तो cash credit होगा; unpaid expense में payable credit हो सकता है।

Correct answer: A. ₹1,24,000

Capital = Assets − Liabilities = ₹1,72,000 − ₹48,000 = ₹1,24,000.

Correct answer: D. Assets and liabilities both decrease by ₹6,000

Cash asset ₹6,000 घटता है और loan payable liability ₹6,000 घटती है। Principal repayment को expense नहीं मानते; capital unchanged.

Correct answer: B. Cash Dr.; Customer Receivable Cr.

Cash बढ़ता है इसलिए debit; receivable घटता है इसलिए credit। Earlier recognised receivable की collection से fresh revenue नहीं बनता।

Correct answer: C. Drawings Dr.; Cash Cr.

Personal withdrawal drawings है। Drawings debit, cash credit; drawings ultimately owner’s capital घटाते हैं।

Correct answer: A. A liability

Bank के viewpoint से customer को repay करने की obligation liability है। Customer के अपने books में positive bank balance asset होता है।

Correct answer: D. Equipment Dr. ₹21,000; Cash Cr. ₹8,000; Supplier Cr. ₹13,000

Equipment asset ₹21,000 बढ़ता है, इसलिए debit। Cash ₹8,000 घटता है और supplier liability ₹13,000 बढ़ती है—दोनों credit। Total debit = total credit = ₹21,000.