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 dissolution if there is any undivided profit are reserve should be credited to.

Question # 2

The relation ship between consignor and consignee is thet of.

Question # 3

If the debit side of the income and expenditure account is greater thanthe credit sideit is termed as.

Question # 4

In single entrey system statements of assets and liabilities is called.

Question # 5

Interest on dividend is paid.

Question # 6

The persons who have entered two partnership are individually called.

Question # 7

Opening capital is calculated by taking the difference between,

Question # 8

A company in which memebr gives a guarantee to contribute a specified sum to the company of its being wound up is called.

Question # 9

The unsold stock is valued at

Question # 10

Profit on revalutin is to be caredited to old partners in their

Question # 11

Depreciation caused by some external amoutn of anual depreciation gradully.

Question # 12

The amount of share capital which a company is authroxzed to raise is called.

Question # 13

Account salesis submitted by.

Question # 14

Capital is obtained by deductin liabiliities from.

Question # 15

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

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