{"id":58129,"date":"2024-04-16T01:14:04","date_gmt":"2024-04-16T01:14:04","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=58129"},"modified":"2024-04-16T01:14:04","modified_gmt":"2024-04-16T01:14:04","slug":"out-of-the-following-which-four-expenditures-would-be-recorded-in-the-motor-van-account-1-cost-rs-200000-2-registration-rs-5000-3-petrol-rs-2000-4-salary-to-driver-rs-4000-5-writing-th","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/out-of-the-following-which-four-expenditures-would-be-recorded-in-the-motor-van-account-1-cost-rs-200000-2-registration-rs-5000-3-petrol-rs-2000-4-salary-to-driver-rs-4000-5-writing-th\/","title":{"rendered":"Out of the following, which four expenditures would be recorded in the motor van account? 1. Cost Rs. 2,00,000 2. Registration Rs. 5,000 3. Petrol Rs. 2,000 4. Salary to driver Rs. 4,000 5. Writing the company name Rs. 3,500 6. Road tax paid (one time) Rs. 4,500 Select the correct answer:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;1, 2, 3 and 4&#8243; option2=&#8221;1, 2, 5 and 6&#8243; option3=&#8221;1, 3, 5 and 6&#8243; option4=&#8221;1, 2, 3 and 5&#8243; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is D. 1, 2, 3 and 5.<\/p>\n<p>The motor van account is a sub-ledger of the fixed asset account. It records all the expenditures related to the motor van, such as the cost of the van, registration fees, road tax, and petrol. The salary of the driver is not an expenditure related to the motor van, so it would not be recorded in the motor van account. The writing of the company name on the van is also not an expenditure related to the van, so it would not be recorded in the motor van account.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: 1, 2, 3 and 4. This option is incorrect because it includes the salary of the driver, which is not an expenditure related to the motor van.<\/li>\n<li>Option B: 1, 2, 5 and 6. This option is incorrect because it includes the writing of the company name on the van, which is also not an expenditure related to the motor van.<\/li>\n<li>Option C: 1, 3, 5 and 6. This option is incorrect because it includes the salary of the driver and the writing of the company name on the van, which are both not expenditures related to the motor van.<\/li>\n<li>Option D: 1, 2, 3 and 5. This option is correct because it includes all the expenditures related to the motor van, except for the salary of the driver.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;1, 2, 3 and 4&#8243; option2=&#8221;1, 2, 5 and 6&#8243; option3=&#8221;1, 3, 5 and 6&#8243; option4=&#8221;1, 2, 3 and 5&#8243; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-58129","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Out of the following, which four expenditures would be recorded in the motor van account? 1. Cost Rs. 2,00,000 2. Registration Rs. 5,000 3. Petrol Rs. 2,000 4. Salary to driver Rs. 4,000 5. Writing the company name Rs. 3,500 6. Road tax paid (one time) Rs. 4,500 Select the correct answer:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/out-of-the-following-which-four-expenditures-would-be-recorded-in-the-motor-van-account-1-cost-rs-200000-2-registration-rs-5000-3-petrol-rs-2000-4-salary-to-driver-rs-4000-5-writing-th\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Out of the following, which four expenditures would be recorded in the motor van account? 1. Cost Rs. 2,00,000 2. Registration Rs. 5,000 3. Petrol Rs. 2,000 4. Salary to driver Rs. 4,000 5. Writing the company name Rs. 3,500 6. 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Cost Rs. 2,00,000 2. Registration Rs. 5,000 3. Petrol Rs. 2,000 4. Salary to driver Rs. 4,000 5. Writing the company name Rs. 3,500 6. Road tax paid (one time) Rs. 4,500 Select the correct answer:","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/out-of-the-following-which-four-expenditures-would-be-recorded-in-the-motor-van-account-1-cost-rs-200000-2-registration-rs-5000-3-petrol-rs-2000-4-salary-to-driver-rs-4000-5-writing-th\/","og_locale":"en_US","og_type":"article","og_title":"Out of the following, which four expenditures would be recorded in the motor van account? 1. Cost Rs. 2,00,000 2. Registration Rs. 5,000 3. Petrol Rs. 2,000 4. Salary to driver Rs. 4,000 5. Writing the company name Rs. 3,500 6. 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