Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	کسی شے کے مسلسل اور لگاتار استعمال سے مختتم افادہ میں کمی آتی جاتی ہے بشرطیکہ دیگر امور بدستور ہیں اس قانون کو کہتے ہیں	قانون تقلیل افادہ مختتم قانون مساوی افادہ مختتم قانون طلب قانون تقلیل حاصل
2	If the balance of suspense account is credit then it will be shown in balance sheet on	Asset side Asset and liability side Asset and capital side Capital and liability side
3	If amount for Rs. 554 recovered from Ali, previously written off as bad debts we should	Debited to bad debts recovered account Credited to Ali account Debited to bad debts account Credited to bad debts recovered account
4	When balance of suspense account has debit balance it will be shown in balance sheet on	Liability side Capital side Asset side Credit side
5	Any difference in trail balance, is transferred to	Sales account Nominal account Purchases account Suspense account

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