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.

First Year Principles of Accounting Chapter 7 Online MCQ Test for 1st Year Principles of Accounting Chapter 7 (Special Journals)

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
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First Year Principles of Accounting Chapter 7 Online MCQ Test for 1st Year Principles of Accounting Chapter 7 (Special Journals)

Sr. # Questions Answers Choice
1 The book which is used to record all goods returned by us to our supplier is called
  • A. Returns inwards book
  • B. Purchases book
  • C. Return outwards book
  • D. Sales book
2 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
3 All the transactions related to credit sales are recorded in
  • A. Sales returns book
  • B. Sales book
  • C. Cash book
  • D. Credit note book
4 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
5 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
6 The cash book is a book of
  • A. Compound entry
  • B. Original entry
  • C. Final entry
  • D. Simple entry
7 Bill receivable book represents
  • A. Ledger
  • B. Journal
  • C. Trail balance
  • D. All of above
8 The book which is used to record all goods returned to us by our customers is called
  • A. Returns outwards book
  • B. Returns inwards book
  • C. Sales book
  • D. Cash book
9 Both cash purchases as well as credit purchases are recorded in
  • A. Cash book
  • B. Purchase book
  • C. Purchases account
  • D. None of these
10 Sales returns book periodical total is posted to
  • A. Debit of returns inwards account
  • B. Credit of returns inwards account
  • C. Debit of returns outwards account
  • D. Credit of returns outwards account

Top Scorers of Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test

M

Minahil

Lahore08 - Apr - 2025

15/15
02 Mins 21 Sec
M

Minahil

Lahore08 - Apr - 2025

15/15
02 Mins 32 Sec

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