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.

First Year Principles of Accounting Chapter 4 Online MCQ Test for 1st Year Principles of Accounting Chapter 4 (Journal The Original Book of Entry)

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
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First Year Principles of Accounting Chapter 4 Online MCQ Test for 1st Year Principles of Accounting Chapter 4 (Journal The Original Book of Entry)

Sr. # Questions Answers Choice
1 Unfavourable balance means
  • A. Credit Balance in the Pass Book
  • B. Credit Balance in the Cash Book
  • C. Debit Balance in Bank Statement
  • D. Both b and c
2 Petty cash book is a branch of
  • A. Pass Book
  • B. Cash Book
  • C. Journal
  • D. Ledger
3 The book in which all cash transactions are primarily recorded is called
  • A. Cheque Book
  • B. Pass Book
  • C. Cash Book
  • D. Finance Book
4 Retiring a bill under rebate means:
  • A. Making payment for the bill before the due date
  • B. Making payment for the bill after the due date
  • C. Dishonouring bill
  • D. None of the above
5 The balance of petty cash book is a/an
  • A. Asset
  • B. Liability
  • C. Expense
  • D. Income
6 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
7 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
8 Contra Refers to
  • A. Same Side
  • B. Parallel Side
  • C. Opposite Side
  • D. None of these
9 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
10 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

Top Scorers of Principles of accounting Icom Part 1 English Medium Chapter 4 Online Test

•[Mahnoor]•

Lahore29 - Apr - 2025

15/15
36 Sec
A

ALI AHSAN

Lahore06 - May - 2025

15/15
03 Mins 53 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

14/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

14/15
36 Sec
A

ALI AHSAN

Lahore06 - May - 2025

14/15
03 Mins 53 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

13/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

13/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

13/15
36 Sec
Z

Zain Irfan

Lahore18 - Apr - 2025

13/15
03 Mins 50 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

12/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

11/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

11/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

11/15
36 Sec

•[Mahnoor]•

Lahore29 - Apr - 2025

11/15
36 Sec
H

Haris Faisal

Lahore16 - Apr - 2025

11/15
02 Mins 30 Sec

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