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

In case of public company minimum number of members is.

Question # 2

Another name of diminishing balance method of depreciation is the

Question # 3

In case of los on revaluation of assets and liabilities should be debited to.

Question # 4

The account of non trading concern are generally maintained according to.

Question # 5

All transactions relating to non-profit seeking concerns are recorded in the books of account strictly according to

Question # 6

Abnormal loss arises due to.

Question # 7

A paartner who have a major investment in the firm and receive a relatively more profit is called.

Question # 8

Dell creder commission is calculated on.

Question # 9

The asses which have physical existence are called.

Question # 10

If the price required to be paid to the company for the share less than the nominal value of that share, it is called shares.

Question # 11

Cash paid to creditors can be woked out from.

Question # 12

If the price required to be paid to the company for the share is more than nominal value of that share, it is called.

Question # 13

In single entry system ledger contains the accounts of,

Question # 14

In single entry system,

Question # 15

Depreciation fund method is also known as.

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