Principles of accounting Icom Part 1 English Medium Online Test

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  • Chapter Name1

Principles of accounting Icom Part 1 English Medium Online Test

  • Total Questions15

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Principles of accounting Icom Part 1 English Medium Online Test

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Question # 1

The errors in which amount have occurred on the opposite sides of two or more accounts and have concealed themselves in the net result, are:

Question # 2

The book which is used to record all goods returned by us to our supplier is called

Question # 3

Which one of the following in used to simplify work, to be done at the end of period

Question # 4

Which one of the following is a direct expense?

Question # 5

The gross amount of goods sold or services performed during an accounting period is known as

Question # 6

Cost of redecorating a cinema hall is a

Question # 7

Journal shows all necessary information regarding.

Question # 8

When cash is received from debtor or customer, generally a receipt is issued to the debtor which is called

Question # 9

Which of the following normally has a credit balance

Question # 10

Worksheet contains ______ pairs of money columns

Question # 11

Errors is casting of subsidiary books are called as

Question # 12

Ahmed's cheque endorse to Akbar should be debited to

Question # 13

A double column cash book is used to record

Question # 14

Unearned income are known as:

Question # 15

The favorable balance of bank statement is

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