(A) Arthur Field House
(B) Gitman
(C) William Pickles
(D) Lucas Pacioli

(A) Assets and Expenses
(B) Assets and Income
(C) Liabilities and Income
(D) Liabilities and Expenses

(A) Rise by $1,000
(B) Rise by $200
(C) Fall by $1,000
(D) Fall by $200

(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