Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
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"
-
Total Questions15
-
Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test
00:00
Question # 1
A cash account always shows
Question # 2
Unfavourable balance means
Question # 3
Credit Balance of pass book must be equal to debit balance of
Question # 4
The balance of petty cash book is a/an
Question # 5
The excess of gross profit on sale over total operating expenses is called:
Question # 6
Cheques issued to a creditor but not presented for payment are called
Question # 7
When ban column of a cash book shows a debit balance it means:
Question # 8
Pass book is prepared by
Question # 9
When saleable goods are bought in a business are called:
Question # 10
All the direct expenses are charged to:
Question # 11
The most exhaustive cash book is
Question # 12
The book in which all cash transactions are primarily recorded is called
Question # 13
Petty cash book is a branch of
Question # 14
Our cheque to Babar & Bros, returned dishonoured should be credited to
Question # 15
How many columns are drawn on one side of three column cash book ?
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
-
S Shayan Tanveer 28 - Oct - 2024 08 Min 38 Sec 15/15 -
W Wasif Mehmood 03 - Nov - 2023 00 Min 24 Sec 14/15 -
A Ayan Ahmed 01 - May - 2024 00 Min 58 Sec 14/15 -
S Subhan Baig 19 - Jul - 2024 02 Min 02 Sec 14/15 -
F Faizan Bakhsh 06 - Nov - 2023 00 Min 48 Sec 13/15 -
A Abdullah Zafar 19 - Sep - 2023 02 Min 21 Sec 13/15 -
S Sania Butt 28 - May - 2024 02 Min 28 Sec 13/15 -
W Waj Khan 15 - Dec - 2023 03 Min 07 Sec 13/15 -
M mirza asghar 21 - May - 2024 02 Min 22 Sec 12/15 -
F Fatima Asif 23 - May - 2024 02 Min 31 Sec 12/15 -
A Abeer 06 - Feb - 2024 03 Min 28 Sec 12/15 -
K kalsoom 11 - Jan - 2024 17 Min 58 Sec 12/15 -
I ishrat fatima 07 - Jun - 2024 02 Min 14 Sec 11/15 -
M Moiz Mirza 26 - Apr - 2024 02 Min 41 Sec 11/15 -
M Muhammad Irfan 31 - Jan - 2024 02 Min 42 Sec 11/15
ICom Part 1 Principles of Accounting Chapter 4 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Bank Reconciliation represents |
A. A Journal
B. A Ledger
C. A Statement
D. both a and c
|
| 2 | In accounting all business transactions are recorded which have: |
A. Dual aspect
B. Single aspect
C. None of the above
D. Economic aspect
|
| 3 | All the direct expenses are charged to: |
A. Balance sheet
B. Profit and loss account
C. Trading account
D. None of these
|
| 4 | Petty cash book is a branch of |
A. Pass Book
B. Cash Book
C. Journal
D. Ledger
|
| 5 | How many columns are drawn on one side of three column cash book ? |
A. Five Columns
B. Six Columns
C. Seven Columns
D. Eight Columns
|
| 6 | The excess of gross profit on sale over total operating expenses is called: |
A. Cost of goods sold
B. Gross profit
C. Net profit
D. None-operating income
|
| 7 | Cash account is concerned with: |
A. Real account
B. Personal account
C. Nominal account
D. Capital account
|
| 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 | The rules of the debiting the receiving and crediting the giver is applicable to: |
A. Persona account
B. Real account
C. Nominal account
D. Expense account
|
| 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
Share your comments & questions here
shafia butt
07 Mar 2018hello friends