Accounting Test Easy Mode With Answers

Accounting Test Easy Mode

Sr. # Questions Answers Choice
1 In form journal, the first column represents: Ledger Folio Data Amount Debit
2 Cash account is concerned with: Real account Personal account Nominal account Capital account
3 The rules of the debiting the receiving and crediting the giver is applicable to: Persona account Real account Nominal account Expense account
4 In accounting all business transactions are recorded which have: Dual aspect Single aspect  None of the above Economic aspect
5 When saleable goods are bought in a business are called: Sales  Purchase Assets Goods
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