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

  • Medium English
  • Available questions22
  • Chapter Name11
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Principles of accounting Icom Part 1 English Medium Chapter 11 Online Test

  • Total Questions15

  • Time Allowed20

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

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Question # 1

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

Question # 2

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

Question # 3

Usually every ______ entry affect both income statement and balance sheet

Question # 4

Work sheet is also used as a source to prepare ______

Question # 5

Adjusting entries affect

Question # 6

Worksheet contains ______ pairs of money columns

Question # 7

A ______ is a large columnar sheet of paper

Question # 8

______ is prepared to avoid errors in the permanent records of accounting

Question # 9

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

Question # 10

One way of avoiding errors in the permanent accounting records is to use a form which is called

Question # 11

Expired cost of fixed assets means

Question # 12

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

Question # 13

Worksheet provides complete information for preparing

Question # 14

Which one of the following is not considered the permanent part of the accounting record?

Question # 15

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

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