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11th Class Principles of Accounting Test

Here you can prepare 11th Class Principles of Accounting English Medium Test. Click the button for 11th Class Principles of Accounting English Medium 100% free full practice test.

11th Class I.Com Part 1 Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Principles of accounting are the main subject for the I.com students. There are general rules and concepts that governor the field of accounting.

Ilmkidunya provides the great opportunity to the students to provide the latest outline of the paper. This Principle of accounting online test makes the students more competent and proficient on the theory of the book. Objective is the essential part of the paper. There is 20% paper consist of the objective. If the students want to get the good grades, the students have to solve this part.

ICOM Part 1 Accounting Test
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Thousands of question is made by the professional and expert teachers. Students can easily get grasp on all the theory and objective as well. After attempting this MCQ online test, students are able to well perform in the papers and pass the exams with brilliant success. Students can also judge their ability and skills after solving the test. Students can do this online test many times until they make sure about the accuracy of the test.

In this online test we come to know the overall rules –referred to as basic accounting principles and rules Principles of accounting online test students can get grip on the introduction to accounting basics, Blance sheet Assets, balance sheet liabilities and stock holder equities, statements on cash flows, double entry system sample transition no. it is advised to the students to solve this online test to get good grades in the exams.

Top Scorers of Principles of accounting Icom Part 1 English Medium Online Test

Y

Yousif Sajjad

Lahore08 - May - 2022

11/15
03 Mins 01 Sec
N

Nadeem Amjad

Lahore02 - Apr - 2022

11/15
03 Mins 51 Sec
H

Hamza Abid

Abbottabad20 - Mar - 2022

11/15
10 Mins 50 Sec
S

Shehryar Khan

Lahore19 - Mar - 2022

10/15
03 Mins 47 Sec
M

Maryam Rehman

Lahore09 - Apr - 2022

9/15
02 Mins 22 Sec
S

Shehryar Khan

Lahore19 - Mar - 2022

9/15
03 Mins 05 Sec
S

Safa Kodvavi

Lahore01 - May - 2022

9/15
03 Mins 08 Sec
S

Shehryar Khan

Lahore19 - Mar - 2022

9/15
03 Mins 33 Sec
J

Javeria Nazeer

Lahore19 - Apr - 2022

9/15
04 Mins 16 Sec
S

Sarmad

Lahore02 - Mar - 2022

9/15
04 Mins 54 Sec
H

Hamza Abid

Abbottabad08 - May - 2022

9/15
10 Mins 50 Sec
H

Hamza Abid

Abbottabad08 - May - 2022

9/15
10 Mins 50 Sec
S

Shehryar Khan

Lahore19 - Mar - 2022

8/15
03 Mins 18 Sec
Y

Yousif Sajjad

Lahore08 - May - 2022

8/15
03 Mins 41 Sec
S

Shahwar Ansari

Lahore18 - Apr - 2022

8/15
04 Mins 06 Sec

11th Class I.Com Part 1 Principles of Accounting MCQ Test With Answer for Principles of Accounting Full Book

Sr. # Questions Answers Choice
1 Petty cash book is a branch of
  • A. Pass Book
  • B. Cash Book
  • C. Journal
  • D. Ledger
2 Unfavourable balance means
  • A. Credit Balance in the Pass Book
  • B. Credit Balance in the Cash Book
  • C. Debit Balance in Bank Statement
  • D. Both b and c
3 Net loss is always
  • A. Equal to gross loss
  • B. More than gross loss
  • C. Less than gross loss
  • D. None of these
4 Cash account is a
  • A. Personal account
  • B. Nominal account
  • C. Real account
  • D. Both personal and real account
5 Excise duty is a
  • A. Direct revenue
  • B. Indirect revenue
  • C. Direct expense
  • D. Indirect expense
6 The Legal tenor of a bill is
  • A. Sixty Days
  • B. One Month
  • C. Eighty Days
  • D. Ninety Days
7 Bill receivable account is a:
  • A. Nominal account
  • B. Personal account
  • C. Real account
  • D. Expenses account
8 The effect of drawing on accounting equation is
  • A. decrease in assets and decrease in liabilities
  • B. increase in both assets & liabilities
  • C. decrease in assets and increase in capital
  • D. none of these
9 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:
  • A. Error of principle
  • B. Errors of omission 
  • C. Errors of commission
  • D. Compensating error
10 Our cheque to Babar & Bros, returned dishonoured should be credited to
  • A. Cheque Account
  • B. Cash Account
  • C. Bank Account
  • D. Babar & Bros A/c

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    Guest User

    21 Dec 2019

    very good website 19/20 o very nice

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    25 Dec 2019

    Thanks for your feedback

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    good

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    20 Mar 2019

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    18 Dec 2018

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    01 Nov 2018

    Test

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    Iqra

    02 Jan 2018

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    Bro

    08 Apr 2018

    can u please help me i need principles of accounting i com part 1 chapter 3 coz i lost its pages +_+

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    Zeeshan Qamar

    17 Mar 2018

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