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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
As per the decision in Garner Va. Murray the solvent partner bring in cash equal to their share of.
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
On the dissolution of the partnership unrecorded assets if takes away by the partners is debited to.
Question # 4
In case of Garner Vs. Murray rule, the decision was given is.
Question # 5
Un recorded liability when paid on dissolution of the firmis debited to.
Question # 6
Where a partner become unsound mind the dissolution is considered as.
Question # 7
In case of dissolution, assets sold for cash are debited to
Question # 8
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 # 9
The end or termination of partnership is called.
Question # 10
In case of dissolution if there is any undivided profit are reserve should be credited to.
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
Realizaton account is a.
Question # 13
If any partner takes over any asset at the time of dissolution then it should be debited to.
Question # 14
The Decision in Garner Va. Murray was given in.
Question # 15
The balance of revalution account is transferred to the capital accounts of the partners in.
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 00 Min 08 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 -
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A Alisha 26 - Jun - 2021 02 Min 25 Sec 12/15 -
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E Ehtisham 16 - Jul - 2021 01 Min 38 Sec 11/15 -
M Malaika MA 03 - Aug - 2024 01 Min 45 Sec 11/15 -
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M M Salman 25 - Jul - 2021 08 Min 58 Sec 10/15
Test Questions