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This online test contains MCQs about following topics:
. Need and importance if accounting . Journal: 1st phase of accounting cycle . Definition . Characteristics . Narration . Advantages of journal . Simple entry & compound entry
ICOM Part 1 Accounting Ch 4 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 4 "Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 4 "Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test
00:00
Question # 1
Unfavourable balance means
Question # 2
Bank reconciliation statement is prepared by
Question # 3
An Entry which is recorded on the both sides of cash book is called
Question # 4
Bank Reconciliation represents
Question # 5
The balance of petty cash book is a/an
Question # 6
In journalizing the page numbers of the ledgers are written in:
Question # 7
Cheques issued to a creditor but not presented for payment are called
Question # 8
The cash book is a
Question # 9
All the direct expenses are charged to:
Question # 10
Pass book is prepared by
Question # 11
In form journal, the first column represents:
Question # 12
When saleable goods are bought in a business are called:
Question # 13
Our cheque to Babar & Bros, returned dishonoured should be credited to
Question # 14
Cash account is concerned with:
Question # 15
When ban column of a cash book shows a debit balance it means:
11th Principles of Accounting Chapter 4 Test
Here you can prepare 11th Principles of Accounting English Medium Chapter 4 Journal The Original Book of Entry Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 4 "Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test" MCQ`s Test
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A Ayan Ahmed 01 - May - 2024 00 Min 58 Sec 14/15 -
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ICom Part 1 Principles of Accounting Chapter 4 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The book in which all cash transactions are primarily recorded is called |
A. Cheque Book
B. Pass Book
C. Cash Book
D. Finance Book
|
| 2 | Our cheque to Babar & Bros, returned dishonoured should be credited to |
A. Cheque Account
B. Cash Account
C. Bank Account
D. Babar & Bros A/c
|
| 3 | In journalizing the page numbers of the ledgers are written in: |
A. The first column of journal
B. The second column of journal
C. The third column of journal
D. The fourth column of journal
|
| 4 | When saleable goods are bought in a business are called: |
A. Sales
B. Purchase
C. Assets
D. Goods
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| 5 | When boan statement shown a debit total balance it means: |
A. Overdraft as per cash book
B. Unfavourable balance as per cash book
C. Favourable balance as per cash book
D. Overdraft as per bank statement
|
| 6 | Cash account is concerned with: |
A. Real account
B. Personal account
C. Nominal account
D. Capital account
|
| 7 | When ban column of a cash book shows a debit balance it means: |
A. Overdraft as per bank
B. Unfavourable balance as per cash book
C. Favourable balance as per cash book
D. Favourable balance as per pass book
|
| 8 | Book used to record petty expenses and receipts |
A. Single Column Cash Book
B. Petty Cash Book
C. Double Column Cash Book
D. Treble Column Cash Book
|
| 9 | Contra Refers to |
A. Same Side
B. Parallel Side
C. Opposite Side
D. None of these
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| 10 | Bank Reconciliation represents |
A. A Journal
B. A Ledger
C. A Statement
D. both a and c
|
Test Questions