First Year Principles of Accounting Chapter 1 Online MCQ Test for 1st Year Principles of Accounting Chapter 1 (Introduction)

Online MCQ's Test For Chapter 1 "Principles of accounting Icom Part 1 English Medium Chapter 1 Online Test"

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  • Total Questions15

  • Time Allowed20

Principles of accounting Icom Part 1 English Medium Chapter 1 Online Test

00:00
Question # 1

A bill of exchange contains:

Question # 2

A dealing between two persons is called a

Question # 3

Ahmad's account is an example of

Question # 4

Modern system of bookkeeping is

Question # 5

Carriage account is a/an

Question # 6

The recording of transaction chronologically in the book  of accounts is called:

Question # 7

The accounts of assets and properties

Question # 8

Goods returned by customers are

Question # 9

The act result of the business activities is shown by:

Question # 10

A copy of the customer's account in the bank's ledger is called: 

Question # 11

How many categories of accounts are

Question # 12

Accounts relating to persons of firms are called:

Question # 13

Purchased goods on credit and for cash will affect

Question # 14

An expenditure incurred to the increases the profit earning of the concern is a:

Question # 15

Disagreement in balances may arise owing to mistake or mistakes in the:

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