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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
All the direct expenses are charged to:
Question # 2
How many columns are drawn on one side of three column cash book ?
Question # 3
In accounting all business transactions are recorded which have:
Question # 4
The rules of the debiting the receiving and crediting the giver is applicable to:
Question # 5
The balance of petty cash book is a/an
Question # 6
Book used to record petty expenses and receipts
Question # 7
The favourable balance of bank statement is
Question # 8
Bank Reconciliation represents
Question # 9
All the time of endorsement of a bill the drawer credits:
Question # 10
In three column cash book, discount column is
Question # 11
A cash account always shows
Question # 12
When ban column of a cash book shows a debit balance it means:
Question # 13
The book in which all cash transactions are primarily recorded is called
Question # 14
Unfavourable balance means
Question # 15
Pass book is prepared by
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.
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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 | Pass book is prepared by |
A. Debtor
B. Creditor
C. Banker
D. Customer
|
| 4 | Bank Reconciliation represents |
A. A Journal
B. A Ledger
C. A Statement
D. both a and c
|
| 5 | The most exhaustive cash book is |
A. Petty Cash Book
B. Single Column Cash Book
C. Double Column Cash Book
D. Treble Column Cash Book
|
| 6 | All the direct expenses are charged to: |
A. Balance sheet
B. Profit and loss account
C. Trading account
D. None of these
|
| 7 | 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
|
| 8 | Bank reconciliation statement is prepared by |
A. Banker
B. Customers Accountant
C. Auditor
D. Manager
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| 9 | The balance of petty cash book is a/an |
A. Asset
B. Liability
C. Expense
D. Income
|
| 10 | The document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called: |
A. Receipt voucher
B. Payment voucher
C. Cash voucher
D. Cash memo
|
Test Questions
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07 Mar 2018hello friends