Accounting Test Easy Mode With Answers

Accounting Test Easy Mode

Sr. # Questions Answers Choice
1 A bill of exchange is a method of payment on Cash Basis Credit Basis Reserve Basis Accommodation Basis
2 A trial balance can be constructed by Three Methods Two Methods Four Methods Five Methods
3 A schedule of balances of all accounts is called Journal Ledger Balance Sheet Trial Balance
4 Left hand side of an account is called Debit Side Credit Side Both a & b None of these
5 Ledger Records Transaction in a/an Chronological Order Daily order Arithmetical Order Analytical Order
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