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This online test contains MCQs about following topics:
. Subdivision of journal . How the transactions are entered in special journal and posted to the ledger? . Documents for sales and purchases-The invoice . Purchases journal . Distinction between purchases journal and purchases account . Sales journal (Book) . Purchases returns or returns outward journal . Rules for posting the purchases returns journal . Sales returns journal (Book)
ICOM Part 1 Accounting Ch 7 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 7 "Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test"
Try The MCQ's Test For Chapter 7 "Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test"
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Total Questions15
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Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test
00:00
Question # 1
All the bills given to the creditors are recorded in
Question # 2
Subsidiary books are called books of
Question # 3
A document given by the seller to the buyer for credit sale of goods or assets is called
Question # 4
The cash book is a book of
Question # 5
Which book is used to record all cash receipts and cash payments?
Question # 6
The periodical total of purchases book is posted to the
Question # 7
Bill receivable book represents
Question # 8
Both cash purchases as well as credit purchases are recorded in
Question # 9
When the goods are returned to the suppliers, an intimation is sent to them is called
Question # 10
All the transactions related to credit sales are recorded in
Question # 11
The book which is used to record all goods returned by us to our supplier is called
Question # 12
The book which is used to record all goods returned to us by our customers is called
Question # 13
Sales returns book periodical total is posted to
Question # 14
All the acceptances received from the debtors are recorded in
Question # 15
The periodical total of purchases returns book is posted to
11th Principles of Accounting Chapter 7 Test
Here you can prepare 11th Principles of Accounting English Medium Chapter 7 Special Journals Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 7 "Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test" MCQ`s Test
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N Niaz 17 - Sep - 2022 01 Min 45 Sec 15/15 -
H hamza abid 17 - Aug - 2021 10 Min 50 Sec 15/15 -
R Rafaqat ali 23 - Jun - 2021 03 Min 34 Sec 14/15 -
S Sania Butt 28 - May - 2024 03 Min 38 Sec 14/15 -
Z Zahid javed Butt 08 - Jun - 2024 03 Min 43 Sec 14/15 -
J john wick 26 - Aug - 2021 01 Min 21 Sec 13/15 -
B BTS lifeline 24 - Jun - 2023 02 Min 07 Sec 13/15 -
M Muhammad Shayan 30 - Jan - 2022 02 Min 10 Sec 13/15 -
M Muhammad Yaseen 30 - Dec - 2021 06 Min 03 Sec 13/15 -
A Arzoo Qaiser 31 - Jan - 2026 02 Min 21 Sec 12/15 -
A Abdullah Zafar 20 - Sep - 2023 02 Min 45 Sec 12/15 -
W Waj Khan 15 - Dec - 2023 03 Min 05 Sec 12/15 -
M muhammad kamil 14 - Jun - 2022 03 Min 43 Sec 12/15 -
A Anmol sayani 12 - May - 2023 04 Min 24 Sec 12/15 -
Z Zain 09 - Jul - 2021 04 Min 30 Sec 12/15
ICom Part 1 Principles of Accounting Chapter 7 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Subsidiary books are called books of |
A. Original entry
B. Secondary entry
C. Final entry
D. Basic entry
|
| 2 | The periodical total of purchases book is posted to the |
A. Debit of purchases account
B. Credit of purchases account
C. Credit of cash account
D. Debit of sales account
|
| 3 | A document is sent to customer when he returns the goods is called |
A. Promissory note
B. Debit note
C. Currency note
D. Credit note
|
| 4 | All the acceptances received from the debtors are recorded in |
A. Cash book
B. Bills payable book
C. Debtor's book
D. Bills receivable book
|
| 5 | When the goods are returned to the suppliers, an intimation is sent to them is called |
A. Currency note
B. Invoice
C. Debit note
D. Credit note
|
| 6 | Bill receivable book represents |
A. Ledger
B. Journal
C. Trail balance
D. All of above
|
| 7 | A book which is used to record small expenses is called |
A. Expenses book
B. Cash book
C. Petty cash book
D. Purchases book
|
| 8 | All the bills given to the creditors are recorded in |
A. Creditor's book
B. Bills payable book
C. Bills receivable book
D. Bank book
|
| 9 | A document given by the seller to the buyer for credit sale of goods or assets is called |
A. Cash memo
B. Invoice
C. Voucher
D. None of these
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| 10 | All the transactions related to credit sales are recorded in |
A. Sales returns book
B. Sales book
C. Cash book
D. Credit note book
|
Test Questions