Exams


Q:

Bad debt expense is reported on the income statement as

Answer

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.


 


You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Choose the correctly spelt word:-

A) Condiut B) Conduit
C) Connduit D) Condeut
 
Answer & Explanation Answer: B) Conduit

Explanation:

Conduit is correctly spelt which means a channel for conveying water or other fluid.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Aditya got 78% marks in the examination. If he secured 663 marks, find the maximum marks.

A) 700 B) 800
C) 750 D) 850
 
Answer & Explanation Answer: D) 850

Explanation:
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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

In ABC two medians BE and CF intersects at the point O and P,Q are the midpoints of BO and CO respectively. If the length of PQ=3cm, then the length of FE will be

A) 3 cm B) 6 cm
C) 9 cm D) 12 cm
 
Answer & Explanation Answer: A) 3 cm

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

The artist claims to have royal blood in his veins.

A) hand B) head
C) forehead D) No improvement
 
Answer & Explanation Answer: D) No improvement

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the value of 34+122 ?

A) 13 B) 15
C) 17 D) 19
 
Answer & Explanation Answer: B) 15

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

Which of the following vitamins are water soluble?

A) Vit. A & Vit. B B) Vit. B & Vit. C
C) Vit. C & Vit. D D) Vit. A & Vit. K
 
Answer & Explanation Answer: B) Vit. B & Vit. C

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Mr. Raghav taught Geometry for 36 hours. If the time taken in teaching Ratio consitutes one-fourth of the time for Arithmetic, then for how much time (in hours) did he taught the topic of Ratio?

A) 46 B) 51.75
C) 69 D) 103.5
 
Answer & Explanation Answer: C) 69

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

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