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

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

Question # 2

In consignment , the remuneration allowd to consignee for selling the goods of the consignor, is termed as.

Question # 3

In case of del creder commission the liability of bad debts is on

Question # 4

For the stock unsoled with the consignee wil the debited in the books of the consignor.

Question # 5

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

Question # 6

The consignment inward book or journalis matinained by.

Question # 7

The person who sends the goods to his agent for the purpose of sale is called.

Question # 8

Over riding commission is calculated on.

Question # 9

The expense incurred by the oconsignee in connection with the sale of the consignment goods are debited to.

Question # 10

Commission due to the consignee is calculated on.

Question # 11

The unsold stock is valued at

Question # 12

The relation ship between consignor and consignee is thet of.

Question # 13

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

Question # 14

Consignee account is of the natur eof.

Question # 15

The parties involves in the consignment are.

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