Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test
00:00
Question # 1
In increased net worth method, profit or loss is calculated by preparing,
Question # 2
According to companies ordinance, single entry system cannot be adopted by,
Question # 3
Arithmetical accuracy of the books of accounts cannot be checked under.
Question # 4
In single entry system ledger contains the accounts of,
Question # 5
The system in whihc accounting records are not kept strictly according to the double entery principle of book keeping is called.
Question # 6
To calculate the true net profit or net loss in single entry system it is necessary that the amount of fresh capital should be subtracted from,
Question # 7
Under the conversion method of single entry credit salea are ascertained by preparing the.
Question # 8
Single entry system contains,
Question # 9
Cash received from the debtors can be find out by preparing.
Question # 10
How many mathods are available to calculate the profit or loss under single entery system.
Question # 11
North worth of an organizaton means the excess of its total assets over total.
Question # 12
Bad debt written off always affect the
Question # 13
The figure of the credit purchase can be worked out.
Question # 14
Closing capital in single entry system is calculated by preparing,
Question # 15
Cash paid to creditors can be woked out from.
ICOM Part 2 English Medium Principles of Accounting Chapter 1 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test" MCQ`s Test
-
T Taiba Siddique 04 - Jun - 2024 00 Min 16 Sec 15/15 -
W Waiz Sharif 17 - Dec - 2024 01 Min 19 Sec 15/15 -
T Tariq Mohmood 03 - Nov - 2024 01 Min 55 Sec 14/15 -
F Fazilat Official 05 - Dec - 2025 02 Min 00 Sec 14/15 -
I ikram ullah 22 - Nov - 2024 07 Min 39 Sec 14/15 -
A adina waqas 05 - Dec - 2024 02 Min 37 Sec 13/15 -
R Rabail Fizza 21 - Sep - 2025 22 Min 03 Sec 13/15 -
Y youth flavour 14 - Dec - 2024 03 Min 37 Sec 12/15 -
F Fatima Waseem 09 - Dec - 2024 03 Min 54 Sec 12/15 -
M Mehwish Mughal 29 - Oct - 2024 06 Min 17 Sec 12/15 -
M Malaika MA 03 - Aug - 2024 02 Min 33 Sec 11/15 -
M Maryam Nazar 23 - Apr - 2026 02 Min 55 Sec 11/15 -
F Fatima Akram 11 - Oct - 2024 03 Min 00 Sec 11/15 -
A Ali Shah 24 - Nov - 2024 03 Min 48 Sec 11/15 -
T Three CZNs 18 - Sep - 2024 26 Min 45 Sec 11/15
ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Both aspects of a transaction must be recorded in, |
A. Single entry system
B. Barter system
C. Double entry system
D. Islamic system
|
| 2 | Cash received from the debtors can be find out by preparing. |
A. Debtors account
B. Creditors account
C. Balance sheet
D. Trial balance
|
| 3 | The Closing Capital is worked out by preparing the. |
A. Opening statement of affair
B. Closing statement of affiar
C. Cash book
D. Balance sheet
|
| 4 | The closing balance of trade debtors can be located from. |
A. Total debtors account
B. Balance sheet
C. Bils receivable account
D. Cash book
|
| 5 | The figure of the bills receivable can be worked out from. |
A. Total debtors account
B. Total creditors account
C. Trail balance
D. Balance sheet
|
| 6 | In single entry system ledger contains the accounts of, |
A. Debtors, creditors and cash
B. Wages and carriage
C. Salaries and insurance
D. Assets and liabilities
|
| 7 | North worth of an organizaton means the excess of its total assets over total. |
A. Liabilities
B. Income
C. Expenses
D. None of the above
|
| 8 | Cash book is prepared to find out the figure of. |
A. Opening capital
B. Crosing cash balance
C. Net profit
D. Finaincial position
|
| 9 | The system in whihc accounting records are not kept strictly according to the double entery principle of book keeping is called. |
A. Single , entery system
B. Accrual system
C. Double enterysystem
D. Cash system
|
| 10 | Arithmetical accuracy of the books of accounts cannot be checked under. |
A. Single Entry system
B. Double entery system
C. None entery system
D. Both a and b
|
Test Questions
Share your comments & questions here
APURBA MAZUMDER
15 Aug 2019nice
Pakeeza
05 May 2019I choose my subjects in urdu kIndly Qiuz from urdu
Ghulam Ali
29 Mar 2019best knowledge
gulfaraz
15 Feb 2016Good Work