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

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  • Available questions53
  • Chapter Name1

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

  • Total Questions15

  • Time Allowed20

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

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Question # 1

Single entry systme can bot be maintained by.

Question # 2

The figure of the bills receivable can be worked out from.

Question # 3

In single entry system,

Question # 4

In cash of net worth method of sigle entery system net profikt is ascertained by.

Question # 5

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

Question # 6

The system in whihc accounting records are not kept strictly according to the double entery principle of book keeping is called.

Question # 7

Not worth method is equal to.

Question # 8

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

Question # 9

Cash received from the debtors can be find out by preparing.

Question # 10

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

Question # 11

Under single entery system informatoin relating to expenses must be ascertained from the analysis of.

Question # 12

Arithmetical accuracy of the books of accounts cannot be checked under.

Question # 13

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 # 14

Single entry system is generally adopted by,

Question # 15

Closing capital in single entry system is calculated by preparing,

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