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

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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

Online 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

Liability of the partners in partnership is.

Question # 2

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

Question # 3

In case of banking business, the numerb of persons must not exceed.

Question # 4

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 # 5

In the absence of an agreemetn, interest on loan advanced by the partner to the firm is allowd at the rate of.

Question # 6

Partnership is formed under the act of.

Question # 7

Partnership is formed by the partners.

Question # 8

Maximum numebr of the partners in an ordinary Partinership.

Question # 9

A partner does not take an acitive partner is the managment firm is called.

Question # 10

If some proparty is owned jointly with out any attention to carry on a business it is called.

Question # 11

In partnership minimum limit of partners is.

Question # 12

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

Question # 13

Investment in partnership is made byintroducing.

Question # 14

Interest on drawing is debited to.

Question # 15

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

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

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