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Online MCQ`s Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test"
Try The MCQ`s Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test"
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Total Questions15
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Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test
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Question # 1
According to the decision in Garner Va. Murray rule the loss due to insolvency of a partner is be shared by solvent, partner in the.
Question # 2
If any partner takes the responsibility to pay the liabilities of the firm at the time of dissolution then it should be credited to.
Question # 3
In case of dissolution, assets sold for cash are debited to
Question # 4
In the absence of any agreement Reserve on dissolution of a partnership firm is credited to the partners.
Question # 5
On the dissolution of the partnership unrecorded assets if takes away by the partners is debited to.
Question # 6
If any partner takes over any asset at the time of dissolution then it should be debited to.
Question # 7
The Decision in Garner Va. Murray was given in.
Question # 8
At the time of dissolution, all the assets of the firm are transfered in the realization account at.
Question # 9
Un recorded liability when paid on dissolution of the firmis debited to.
Question # 10
Reliization account is opened to find out gain or loss at the time of.
Question # 11
Reserve for bad and doubtful debts appearing in the books of accounts at the time of dissolution shuld be transferred to.
Question # 12
As per the decision in Garner Va. Murray the solvent partner bring in cash equal to their share of.
Question # 13
Realizaton account is a.
Question # 14
If all the partners but one is solvent it is.
Question # 15
In case of dissolution if there is any undivided profit are reserve should be credited to.
ICOM Part 2 English Medium Principles of Accounting Chapter 7 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 7 Online Test" MCQ`s Test
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H Hadi 17 - Jul - 2021 01 Min 55 Sec 15/15 -
F Farzeen 08 - Feb - 2023 00 Min 40 Sec 14/15 -
G gullam 17 - Jul - 2021 01 Min 46 Sec 14/15 -
M MusksnBaig 26 - Jun - 2021 02 Min 19 Sec 13/15 -
S Subtain Ahmed Raza 15 - Jul - 2023 03 Min 27 Sec 13/15 -
A Alisha 26 - Jun - 2021 02 Min 25 Sec 12/15 -
E Ehtisham 16 - Jul - 2021 01 Min 38 Sec 11/15 -
M Malaika MA 03 - Aug - 2024 01 Min 45 Sec 11/15 -
G Ghumrojaved 25 - Jun - 2021 05 Min 21 Sec 11/15 -
A Ayesha Tariq 11 - Dec - 2021 11 Min 58 Sec 11/15 -
A Arsalan Ali 26 - Jul - 2021 02 Min 53 Sec 10/15 -
P Palwasha 09 - Jul - 2021 03 Min 09 Sec 10/15 -
M M Salman 25 - Jul - 2021 08 Min 58 Sec 10/15 -
T Tayab 30 - Jul - 2021 01 Min 58 Sec 9/15 -
K Kashaf Sehar 19 - Jan - 2022 02 Min 29 Sec 9/15
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Test Questions
