11th class Principles of Accounting chapter 14 online mcq test with answers for I.Com part 1 Principles of Accounting chapter 14(Rectification of Errors)

This online test contains MCQs about following topics:

. Errors causing disagreement of trail balance . Errors not causing disagreement of trail balance . What to do when the trail balance does not agree? . Agreement of trail balance by opening suspense account . How the errors are rectified? . Correction of one sided errors if detected before preparation of the trail balance . Correction of two-sided errors after preparation of the trail balance but before the preparatin of the final accounts . Effect of errors on the final accoutns or the financial statements

ICOM Part 1 Accounting Ch 14 Test

Start Accounting Ch 14 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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First Year Principles of Accounting Chapter 14 Online MCQ Test for 1st Year Principles of Accounting Chapter 14 (Rectification of Errors)

ICOM Part 1 English Medium Subjects

ICOM Part 1 Urdu Medium Subjects

MCQ's Test For Chapter 14 "Principles of accounting Icom Part 1 English Medium Chapter 14 Online Test"

Principles of accounting Icom Part 1 English Medium Chapter 14 Online Test

If there is any error in Bank account it will affect

If the balance of suspense account is credit then it will be shown in balance sheet on

When balance of suspense account has debit balance it will be shown in balance sheet on

Error of carry forward will affect

If goods purchased from Rahim for Rs. 499, credited to Rehman's account for Rs. 499. this is an

If amount for Rs. 554 recovered from Ali, previously written off as bad debts we should

If a liability is recorded as income, it will be considered as

Error of principle arises when

The credit purchases were wrongly recorded in sales book, the rectification of entry

The process of totaling the data at the end of the period is called

Trade expenses of Rs. 180 posted in the ledger as Rs. 810, it will be considered as

Wages paid for the erection of machine debited to wages account is an example of

A sale of Rs. 1000 to Farid, was credited to his account, it will affect

If any expense omitted to be recorded it will

Errors of omission affects

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11th Principles of Accounting Chapter 14 Test

Top Scorers Of Chapter 14 "Principles of accounting Icom Part 1 English Medium Chapter 14 Online Test" MCQ`s Test

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