11th class Principles of Accounting chapter 13 online mcq test with answers for I.Com part 1 Principles of Accounting chapter 13(Capital and Revenue)

This online test contains MCQs about following topics:

. Difference between capital and revenue expenditures . Difference between capital and revenue receipts . Deferred revenue expenditure . Capistalised expenditure . Capital and revenue profit . Capital and revenue losses . Capital and revenue payments

ICOM Part 1 Accounting Ch 13 Test

Start Accounting Ch 13 Test

ICOM Part 1 English Medium Subjects

Principles of Accounting

Principles of Economics

Principles of Commerce

ICOM Part 1 Urdu Medium Subjects

Principles of Commerce

Principles of Economics

Principles of Accounting

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sheikh Ariz 15 - Sep - 2022 01 Min 58 Sec 12/15

ICom Part 1 Principles of Accounting Chapter 13 Important MCQ's

Sr.#	Question	Answer
1	Cost of redecorating a cinema hall is a	A. Capital expenditure B. Capital loss C. Revenue expenditure D. None of these
2	Octori duty paid on machinery, is an example of	A. Revenue expenditure B. Recurring expenditure C. Capital expenditure D. Both a & b
3	Preliminary expenses paid in the formation of a company is a	A. Capital expenditure B. Deferred expenditure C. Revenue expenditure D. Capital loss
4	A revenue expenditure, the benefit of which is not confined to one accounting year is called	A. Non-current expenditure B. Revenue expenditure C. Future expenditure D. Deferred expenditure
5	The amount invested by the owner in the business to produce revenue is known as	A. Income B. Asset C. Capital D. Liability
6	An expenditure, which is temporarily increase the profit making capacity of the business is called	A. Deferred expenditure B. Capital expenditure C. Revenue expenditure D. Non-recurring expenditure
7	Bad debts are	A. Deferred expenditure B. Revenue expenditure C. Capital expenditure D. None of these
8	An expenditure, which is non-recurring and irregular is called	A. Capital expenditure B. Revenue expenditure C. Short-term expenditure D. Current expenditure
9	An expenditure, which is incurred to increase to profit earning capacity of a business concern, is called	A. Deferred expenditure B. Current expenditure C. Capital expenditure D. Recurring expenditure
10	The transactions, the effect of which is not exhausted with in the current accounting year are called	A. Revenue transaction B. Capital transaction C. Current transaction D. Monetary transaction

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First Year Principles of Accounting Chapter 13 Online MCQ Test for 1st Year Principles of Accounting Chapter 13 (Capital and Revenue)

ICOM Part 1 English Medium Subjects

ICOM Part 1 Urdu Medium Subjects

MCQ's Test For Chapter 13 "Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test"

Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test

An expenditure, which is incurred to increase to profit earning capacity of a business concern, is called

Octori duty paid on machinery, is an example of

Which one of the following is appeared in the balance sheet

An expenditure, which is temporarily increase the profit making capacity of the business is called

It is the price of goods sold or services provided by a business to its customers

An expenditure, which is non-recurring and irregular is called

Capitalized expenditure are shown in

A revenue expenditure, the benefit of which is not confined to one accounting year is called

The transactions, the effect of which is not exhausted with in the current accounting year are called

Expenditure, which helps to maintain the business efficiency is called

Bad debts are

Wages paid for the construction of building is an example of

An expenditure, incurred to improve the position of the business is known as

An expenditure, which increases the utility or productive capacity of an asset is treated as

Heavy expenditure on advertisement for making a new product is a

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11th Principles of Accounting Chapter 13 Test

Top Scorers Of Chapter 13 "Principles of accounting Icom Part 1 English Medium Chapter 13 Online Test" MCQ`s Test

ICom Part 1 Principles of Accounting Chapter 13 Important MCQ's

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