(A) Carriage in
(B) Carriage outwards
(C) Commission of selling staff
(D) Supervisor’s wages

(A) $20,000
(B) $120,000
(C) $220,000
(D) $320,000

(A) sales
(B) purchases
(C) overdrafts
(D) none of these

(A) Cash book
(B) Petty cash book
(C) General journal
(D) Day books

(A) $40,000
(B) $60,000
(C) $100,000
(D) $140,000

(A) greater than
(B) less than
(C) equal to
(D) the two statements are irrelevant

(A) Abnormal loss
(B) Freight in
(C) Rent of store
(D) Administrative Salaries

(A) debit
(B) credit
(C) credit – debit
(D) none of these

(A) $1000
(B) $1200
(C) $1300
(D) $1500

(A) $1000
(B) $1200
(C) $1300
(D) $1500