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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
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Question # 1
How many columns are drawn on one side of three column cash book ?
Question # 2
The favourable balance of bank statement is
Question # 3
A cash account always shows
Question # 4
The excess of gross profit on sale over total operating expenses is called:
Question # 5
Credit Balance of pass book must be equal to debit balance of
Question # 6
Book used to record petty expenses and receipts
Question # 7
Cheques issued to a creditor but not presented for payment are called
Question # 8
Retiring a bill under rebate means:
Question # 9
Unfavourable balance means
Question # 10
In three column cash book, discount column is
Question # 11
The document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called:
Question # 12
Bank Reconciliation represents
Question # 13
The rules of the debiting the receiving and crediting the giver is applicable to:
Question # 14
Pass book is prepared by
Question # 15
Discount deducted from the catalogue or list price is called:
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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W Wasif Mehmood 03 - Nov - 2023 00 Min 24 Sec 14/15 -
A Ayan Ahmed 01 - May - 2024 00 Min 58 Sec 14/15 -
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Test Questions