12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 2 (The Accounts of Non-Profit Making Organizations)

ICOM Part 2 English Medium Principles of Accounting Chapter 2 MCQ's Test

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ICOM Part 2 Principles of Accounting Chapter Wise Online MCQ's Test

MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 2 Online Test"

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  • Total Questions15

  • Time Allowed20

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

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Question # 1

The method for preparing the final accounts in trading concerns and non-profit making organizations are

Question # 2

A person who is elected to run the club

Question # 3

Receipt and payment account is prepared at the.

Question # 4

The excess of total assets over total liabilituies of a concern is called.

Question # 5

Subscription Received in advance is.

Question # 6

Receipt and payment account includes.

Question # 7

The income and expenditure account begins with.

Question # 8

Receipts and payments account shows

Question # 9

Income and expenditur eaccount is prepared at the

Question # 10

Capital is obtained by deductin liabiliities from.

Question # 11

Income and expenditure account shows.

Question # 12

If the debit side of the income and expenditure account is greater thanthe credit sideit is termed as.

Question # 13

Non-profit making organizations

Question # 14

Credit side of iincome and expenditure account records.

Question # 15

Amount received by the concern as per the will of the donor is known as.

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ICOM Part 2 English Medium Principles of Accounting Chapter 2 MCQ's Test

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