Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test

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  • Available questions40
  • Chapter Name3

Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test

  • Total Questions15

  • Time Allowed20

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Principles of Accounting Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

The abnormal loss on consignemnt is credited to.

Question # 2

Goods sent on consignment should be debited int he books of the consignor.

Question # 3

An additional commission paid to the consignee who gurantees the payment in case of credit sale, is called.

Question # 4

The periodical report which is prepared by consignee and send to consignor, which shows the detail about the sales of goods is called.

Question # 5

Dell creder commission is calculated on.

Question # 6

Over riding commission is calculated on.

Question # 7

In consignee's books, the acceptance of a bil of echange by consignee will be debited to.

Question # 8

Consignee account is of the natur eof.

Question # 9

Account salesis submitted by.

Question # 10

The consignment outward books or journal is maintained by.

Question # 11

the loss whihc arises due to natural causes such as evaporation etc is called.

Question # 12

Consignee is.

Question # 13

When the goods sent on consignment are sold by the consignee the account to be debited is.

Question # 14

For the expenses incurred by the consignee on the sale of goods will be credited in the books of the consignor.

Question # 15

In the books of consignor, the loss on the consignment should be crediterd to.

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