First Year Principles of Accounting Chapter 11 Online MCQ Test for 1st Year Principles of Accounting Chapter 11 (Work Sheet)

This online test contains MCQs about following topics:

. What is work sheet . Method of preparing work sheet

ICOM Part 1 Accounting Ch 11 Test
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Online MCQ`s Test For Chapter 11 "Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test"

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  • Total Questions15

  • Time Allowed20

Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test

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Question # 1

Work sheet is also used as a source to prepare ______

Question # 2

______ simplifies work to be done at the end of the period

Question # 3

The ______ is not a part of the permanent accounting record

Question # 4

A ______ is a large columnar sheet of paper

Question # 5

The excess of credit column over debit column in income statement is called

Question # 6

Financial statement is prepared from the amount given in

Question # 7

Adjusting entries affect

Question # 8

Usually every ______ entry affect both income statement and balance sheet

Question # 9

The body of worksheet contains

Question # 10

A sheet which minimizes the chances of errors to the maximum possible extent is called

Question # 11

______ must be prepaid for testing ledger accounts, adjusting entries and financial statement

Question # 12

The amount of assets, liabilities, capital and drawings are extended form adjusted trail balance to the

Question # 13

Which one of the following in used to simplify work, to be done at the end of period

Question # 14

In the preparation of the worksheet the amounts on the trail balance columns are taken directly from

Question # 15

In the preparation of worksheet the amounts in the trail balance are taken directly form the ______

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11th Principles of Accounting Chapter 11 Test

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