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

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

  • Total Questions15

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

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Question # 1

Error of carry forward will affect

Question # 2

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

Question # 3

Errors of omission affects

Question # 4

Errors of affect one account can be

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

If any expense omitted to be recorded it will

Question # 9

Error of principle arises when

Question # 10

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

Question # 11

If any income omitted to be recorded it will

Question # 12

If a transaction has been completely omitted from the Journal it will be considered

Question # 13

.If the error committed in the capital account, it will affect

Question # 14

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

Question # 15

Any difference in trail balance, is transferred to

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