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 retirement the amount of the general reserve any other profit is credited to all partners in.

Question # 2

The value of an asset at the end of the working life is called.

Question # 3

Receipt and payment account starts with the.

Question # 4

Subcription received during the current year is.

Question # 5

Current accoujts of the partners should be opened when the capital are.

Question # 6

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

Question # 7

The income and expenditure account performs the same function as.

Question # 8

Amount received by the way of gift from any person or organization is called.

Question # 9

The liability of the shareholder of a public limited company is.

Question # 10

Receipts and payments account records transaction relating to

Question # 11

The Decision in Garner Va. Murray was given in.

Question # 12

Accured subscripttion represents.

Question # 13

In cash of net worth method of sigle entery system net profikt is ascertained by.

Question # 14

The amount charged as depreciation goes on declining in

Question # 15

Opening capital is calculated by taking the difference between,

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