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Principles of accounting Icom Part 1 English Medium Chapter 5 Online Test

  • Medium English
  • Available questions35
  • Chapter Name5
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Principles of accounting Icom Part 1 English Medium Chapter 5 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of accounting Icom Part 1 English Medium Chapter 5 Online Test

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Question # 1

Interest on drawing is debited to

Question # 2

Loss of good by fire should be credited to:

Question # 3

The person to whom a bill is addressed is the:

Question # 4

The money with which business is started is known as:

Question # 5

Office rent is a

Question # 6

Cash account is a:

Question # 7

The bad debts which are showed in the trial balance are called

Question # 8

The account of depreciation of building of Rs. 30,000 at 5% p.a. will be

Question # 9

Goodwill, patent, copyright are classified as

Question # 10

The balance of the 'Caha Column' in cash book is always:

Question # 11

The debts, the recovery of which is uncertain are called

Question # 12

From business point of view, interest on capital is considered as

Question # 13

Assets having some market value

Question # 14

Rent account' is a kind of:

Question # 15

Net Sales represent

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