Principles of Accounting Icom Part 2 English Medium Online Test

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  • Available questions345
  • Chapter Name1

Principles of Accounting Icom Part 2 English Medium Online Test

  • Total Questions15

  • Time Allowed20

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Principles of Accounting Icom Part 2 English Medium Online Test

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Question # 1

Depreciation fund method is also known as.

Question # 2

Receipts and payments accounts records transaction relating to.

Question # 3

The unsold stock is valued at

Question # 4

Over riding commission is calculated on.

Question # 5

The depreciation charged to motor car account will be debited to.

Question # 6

Amount received by the concern as per the will of the donor is known as.

Question # 7

Excess of assets over liabilities is an indication of.

Question # 8

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 # 9

At the end of the year non trading institutions prepare.

Question # 10

In the books of consignor on reciving advance in cash from consignee should be debited to.

Question # 11

A receipts and payments account is similar to

Question # 12

If the goods will raised at the tim e of admissionof a new partner will be written off in.

Question # 13

A situtation where a company receives a application for a less number of shares than offered to the public for subscription is termed as.

Question # 14

In single entry system ledger contains the accounts of,

Question # 15

The system in whihc accounting records are not kept strictly according to the double entery principle of book keeping is called.

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