Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	A sheet which minimizes the chances of errors to the maximum possible extent is called	Balance sheet Work sheet Paper sheet Income statement
2	Expired cost of fixed assets means	Appreciation Amortization Depreciation None of these
3	In the preparation of the worksheet the amounts on the trail balance columns are taken directly from	Journal Ledger Trail balance Transaction
4	The body of worksheet contains	Two pairs of money column Three pairs of money column Four pairs of money column Five pairs of money column
5	Which one of the following is not considered the permanent part of the accounting record?	Journal Trail balance Ledger Work sheet

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