Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test

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Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test

  • Total Questions15

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Principles of Accounting Icom Part 2 English Medium Chapter 1 Online Test

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Question # 1

According to companies ordinance, single entry system cannot be adopted by,

Question # 2

Single entry system contains,

Question # 3

Under single entry system sometimes,

Question # 4

The closing balance of trade debtors can be located from.

Question # 5

Single entry systme can bot be maintained by.

Question # 6

Bad debt written off always affect the

Question # 7

In increased net worth method, profit or loss is calculated by preparing,

Question # 8

The Closing Capital is worked out by preparing the.

Question # 9

Bills payable issued durint the period must be debited to total creditors account credited to.

Question # 10

Opening capital is calculated by taking the difference between,

Question # 11

Single entery system is most suitbale where

Question # 12

In single entry system,

Question # 13

The opening and closing balance of bills Receivable can be calculated by preparing the.

Question # 14

How many methods are available to calculate the profit or loss under single entry system,

Question # 15

In single entry system both the aspects, debit and credit of a transaction are not recorded soit is.

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