12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 4 (Accounts of Join Stock Companies)

ICOM Part 2 English Medium Principles of Accounting Chapter 4 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 4 Online Test"

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Principles of Accounting Icom Part 2 English Medium Chapter 4 Online Test

00:00
Question # 1

Current accoujts of the partners should be opened when the capital are.

Question # 2

Registraion of the firm.

Question # 3

When the capitals of the partners arr not allowed to change during the life time of the business except in extra ordinary circumslancer then they are called.

Question # 4

The agreement among the partners which sets out the term is which they have agreed to form a partnership is called.

Question # 5

In partnership minimum limit of partners is.

Question # 6

Capital of the partners are maintained under.

Question # 7

For the firm, interest on drawing is.

Question # 8

In the absence of an partnership agreement the pfofit and losses are divided by the partners in the ratio of.

Question # 9

The investment in partners capital accounts is to be credited to.

Question # 10

Investment in partnership is made byintroducing.

Question # 11

A paartner who have a major investment in the firm and receive a relatively more profit is called.

Question # 12

Partnership is formed under the act of.

Question # 13

A partner, who hasnot attained the age of majority is called.

Question # 14

Current accout of the partners should be opened when the capitals are.

Question # 15

A paatner who invests capital inthe business but does not take active part in the conduct of the business is called.

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ICOM Part 2 English Medium Principles of Accounting Chapter 4 MCQ's Test

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